Aruba: Double Tax Treaties
Other International Agreements
This page was last updated on 25 Feb 2019.
Mutual Assistance Treaties: Aruba has mutual co-operation treaties with a number of foreign states. In the particular case of the USA, co-operation includes information relating to tax matters, but this is not true generally.
Independently of treaty procedures the local law broadly permits requests for information relating to tax evasion, specifically under a newly-legislated Code of Criminal Procedure.
Aruba has no specific bank secrecy laws. Local professionals try to maintain confidentiality on behalf of their clients, but can be required to disclose beneficial ownership and other details, even for Aruban Exempt Corporations, which are not obliged to enter such information into the Commercial Register.
In July 2008, a trilateral MoU was signed between De Nederlandsche Bank, the Bank van de Nederlandse Antillen, and the Central Bank of Aruba agreeing to "develop activities throughout the full range of their organizational structures and duties in a framework of mutual cooperation." These activities include the exchange of information, mutual assistance, and provision of technical assistance.
The Kingdom of the Netherlands, including Aruba, is party to the 1988 U.N. Drug Convention, a member of the Financial Action Task Force (FATF), 6 and has an MLAT agreement with the United States. The United States–Netherlands extradition treaty of 1980 extends to the Government of Aruba, and provides for the extradition of nationals. Aruba also has criminal procedure code that allows for the extradition of Aruban nationals, subject to their serving any sentences imposed in Aruba. In addition, Aruba is a member of the CFATF.
Aruba has a Financial Intelligence Unit (FIU), known as the Meldpunt Ongebruikelijke Transacties (MOT), and is a member of the Egmont Group, an international group of FIUs.