The
responsibilities and institutional powers of the Chamber of Commerce Aruba
In its capacity the
Chamber is required to report to the Minister of Economic Affairs and to
furnish information and advice of a social, financial and economic nature
in the general interest of commerce and industry. The Chamber may of its
own accord give such advice and also, submit proposals or recommendations
to the Minister of Economic Affairs.
Furthermore, the Chamber performs advisory tasks through
its representation in advisory bodies as well as in the governing bodies
of foundations and other organizations, whose purpose it is to promote,
directly or indirectly, the interest of the business community, in the
broadest sense.
The Chamber is officially designated the advisory body
to the Minister of Economic Affairs on all applications for permits
relative to the Business License Ordinance.
In addition to its advisory task, the Chamber is by law
responsible for administering and supervising the Commercial Register and
the Foundations Register.
The Chamber is also responsible for maintenance of a
public record of the annual financial statements of those limited
liability companies incorporated in Aruba (Dutch: naamloze vennootschap),
which by the Commercial Code are required to file complete copies of these
statements at the office of the Commercial Register.
