Company Obligations
All businesses in Aruba are required to register with the Aruba Chamber of Commerce & Industry within one (1) week of commencing economic activities.
To ensure compliance, it is essential that company information remains accurate and up to date at all times. Any changes to your company details can be submitted quickly and conveniently through your My Chamber account, at no cost. There is no limit to the number of modifications or amendments you may submit, and all updates are processed within 72 hours.
If you need support with submitting changes online, you may request an appointment with the Aruba Chamber team for personalized assistance.
Amendments
Businesses registered with the Aruba Chamber of Commerce & Industry are required to keep their company information up to date. The Aruba Chamber offers a range of online amendment services via My Chamber, allowing you to request changes quickly and securely.
All amendments must be submitted by the authorized person(s) for the company, with the necessary supporting documents uploaded.
A My Chamber account is required to submit amendments. If your company does not appear in your My Chamber account, we will need to link it for you — please contact support@arubachamber.com for assistance.
Changes may take up to 72 working hours to process, depending on the type of amendment and whether the request is submitted correctly with all required documents.
Click here to view the list of amendments and their procedures.
Click the button below to log in to My Chamber and submit your amendments.
Annual Contribution
Businesses are required to pay a registration fee at the time of registration, and an annual contribution in each following year.
These amounts are based on the total capital invested in the business as recorded in the Chamber’s Trade Register on January 1 of each year, and are determined by the Minister of Economic Affairs according to Article 21, paragraph 1(c) of the Ordinance on the Chamber of Commerce & Industry (NL).
The amounts due for the first registration and for annual contributions (as per Article 15 of the Trade Register Ordinance) must be paid following the procedure set out in Article 15, paragraph 7, of the same ordinance.
Annual contributions should preferably be paid before April 1 of the year following the initial registration. You can log in to your My Chamber account to view invoices, check outstanding amounts, and complete your annual payment to remain in good standing.
Chamber Registration and Annual Contribution Fees
(Amounts in Aruban florins)
| Capital (AWG) | First Registration | Annual Fee |
|---|---|---|
| 0 – 25,000 | 96 | 96 |
| 25,001 – 50,000 | 120 | 120 |
| 50,001 – 100,000 | 165 | 156 |
| 100,001 – 200,000 | 210 | 175 |
| 200,001 – 500,000 | 350 | 245 |
| 500,001 – 1,000,000 | 700 | 280 |
| 1,000,001 – 2,000,000 | 1,500 | 600 |
| 2,000,001 – 3,000,000 | 1,500 | 750 |
| 3,000,001 – 4,000,000 | 1,500 | 900 |
| 4,000,001 – 5,000,000 | 1,500 | 1,125 |
| 5,000,001 and more | 1,500 | 1,275 |
Annual Financial Statement
The managing director(s), or the legal representative(s) of NV’s and VBA’s is/are legally required to file the annual financial statements at the Aruba Chamber within 8 days after the General Shareholders’ Meeting’s approval. The annual financial statements should be ready within 8 months after the financial year is completed. Due to exceptional circumstances, this term may be extended by max. 6 months in a General Shareholders’ Meeting.
Managing directors and supervisory board members, if applicable, shall all sign the financial statements (art. 36.1 and 36.2 lvVBA). In addition to the annual financial statements, a copy of the shareholders’ register is to be filed as well. The financial statements and the shareholders’ register are not available for public inspection, unless explicitly authorized by the corporation.
Therefore, the Aruba Chamber will keep the information secured in an isolated area with limited and restricted access.
Contents of the annual financial statements
- Balance sheet
- Profit & loss statement
- Notes to the balance sheet and the profit & loss statement
- Included as attachment: copy of shareholders’ register
- The financial year is stated in the company’s articles of incorporation.
Steps to file your annual financial statements
- Financial statements should be approved within 8 months after the financial year is completed.
- In case the company requires extension of the term, the General Meeting of Shareholders must approve the extension through a meeting and document this decision in minutes. These minutes shall be deposited in the company’s file at the Aruba Chamber.
- The company must then file the financial statements, a copy of the shareholders’ register at the Aruba Chamber, within 8 days after approval of the financial statements. To complete this procedure, fill form 16, sign and submit a scanned copy of the document together with the other required documents to e-mail: registers@arubachamber.com. You can also submit a hard copy of form 16 at the Chamber’s reception desk.
The Aruba Chamber will provide the company with a proof that the documents have been filed.
UBO
On January 1, 2023, the Commercial Register Ordinance was effectively amended, obligating enterprises, partnerships, legal entities and trusts to register their ultimate beneficiaries in the UBO register at the Aruba Chamber of Commerce.
UBO stands for Ultimate Beneficial Owner, meaning the ultimate beneficiaries of an organization.
The UBO register is managed by the Aruba Chamber of Commerce, which is also the holder of the Trade register. The UBO register includes the UBO’s of all enterprises, partnerships, legal entities, and trusts.
The organization itself is responsible for the timely delivery of UBO data and ensuring that it is sufficient, accurate and up to date. The Aruba Chamber of Commerce verifies the timely delivery of the UBO data and examines whether it is sufficient, accurate and up to date, based on the documents that you have submitted. Only after it has been able to verify the UBO registration will it process/approve it.
