Technology, innovation and the globally changing competitive landscape offer great international business opportunities. New ideas and business models are opening doors for new entrepreneurial activities.
Aruba’s economic policies, developed tourism industry and its unique position within the Kingdom, connect us to many markets, which is generating interest in using the island as location to conduct international business activities. Aruba offers many opportunities for startups and established businesses to connect with global markets. Our cultural diversity, knowledge and proficiency in different languages are considered as great advantages to develop an international and competitive business hub. Your business can play an important role: (cultural) translator, sales representative, market researcher, matchmaker, intermediary, project manager or supplier of services in different fields. The opportunities for business depend on your creativity as an entrepreneur!
Free Zone Aruba
Aruba’s Free Zone offers an open and flexible business platform, combined with fiscal incentives, for almost all types of business. We offer different opportunities for (young) entrepreneurs, startups and established companies to explore and expand international activities. Aruba’s location and infrastructure create a perfect stepping stone to connect with global markets.Use the hub and connect your business with global markets
Aruba’s economic policy stimulates the development of 4 top sectors which are: Green Technology, Maritime & Logistics, Creative Industries and Value-added Tourism. Many (international) business activities resulting from the development and expansion of these top sectors can profit from the benefits of Aruba’s Free Zone.
Expansion of your business activities can even take you a step further; for example, storage and transshipment and/or production can be combined with regional sales and marketing, training, consulting, research and development (R&D). The free zone’s flexible platform can boost business growth beyond the traditional local market.
How to use Aruba’s hub:
Meeting place
Aruba is a perfect location to organize your business meetings. Your international business partners and/or clients can make use of all the facilities that have made Aruba a world class tourism destination, such as upscale lodging, dining and other adventurous activities.
Stepping stone
The demand in Latin America for expertise in different fields is increasing. A growing consumer market and the need for innovative solutions offer new business opportunities. Your knowhow and networks can turn into business opportunities by partnering with foreign companies who are looking for commercial allies to facilitate their entrance into the growing Latin American markets.
Showcase
Companies that develop creative, innovative and sustainable projects in areas such as housing, renewable energy, waste management can use Aruba as a showcase to sell their knowledge and technology to the region. Technology-based startups, such as app developers, can use Aruba to develop and test their products before widespread launching.
Knowledge hub
In the recent years, Aruba, has made enormous progress in the field of sustainability. The world is hungry for our knowledge and experience. Seminars and summits organized on Aruba, as well as the UN Centre of Excellence and the Center of Excellence at Aruba’s airport for sustainable airport solutions are proving the international interest.
Support services
Local professionals may provide training, legal advice, software development, administration, mediation, marketing, personal services, etc. to support growing international business endeavors. Our language capabilities and cultural knowledge serve as key benefits along with our sound banking system.
Sustainable infrastructure
A great example is logistics, making use of excellent sea and air connections. Consider about storage, distribution, manufacturing and/or processing of goods. The geographic position of Aruba, safety, stability, fiscal benefits and connections offer excellent possibilities to access international markets.
Value added tourism
Aruba is a world class tourist destination and the experience we gained in providing outstanding hospitality services to our guests throughout the years can be bundled into valuable knowledge that can be exported to the region. Examples include consultancy and international training. Medical tourism offers innovative business opportunities and can help expand local health care services.
Free Zone benefits your business
To develop a ‘smart, sustainable and innovative’ economy, special incentives have been implemented for companies wishing to expand their markets and establish in Aruba’s Free Zone, such as;
•Exemption from the Business License Act (one-stop-shop);
•No minimum investment capital required;
•Expanded possibilities to operate in the local market with free zone benefits;
•Refund for free zone cargo; Flexible construction and location possibilities;
•2% tax over all profits generated from free zone activities;
•0% import duties and excises on goods imported and exported though the Free Zone;
•0% turnover tax over the turnover generated from free zone activities;
•Exemption for foreign exchange commissions on foreign currency payments
In the next edition, we will further explore the opportunities offered in the fasted growing sector; services.