Newsflash September 2016 - English Amended rules for sickness and accident insurance (ZV/OV) effective July 1st 2016 In a recent publication in Aruba’s National Gazette, the government announced amendments to the National Ordinance on Sickness Insurance and the National Ordinance on Accident Insurance. The most important changes...
The amounts for the legal minimum wage have been increased by 2.5% as per March 1, 2016. From that date forward, the legal minimum wage for employees aged 18 and up in fulltime employment has been revised. For employees aged 18 and up who work more than...
Formalization of beneficial tax policy, reduction of the corporate income tax rate, and introduction of payment of corporate income tax at filing In our newsflash of June 2013, we informed you about a series of tax measures resulting from the Social Dialogue, introduced under the beneficial...
Aruba’s employment law regime changed substantially on 1 April 2013, owing in part to the entry into force of the Employment Ordinance 2013 (Arbeidsverordening 2013). That Ordinance sets out rules for such matters as working hours, breaks, overtime, and working on public holidays. It imposes...
On January 13, 2013 we sent you a newsflash informing you about a series of measures introduced under the beneficial policy (begunstigend beleid). Those measures were the result of the Social Dialogue about tax reforms and the water and energy policy, and have yet to...
As a result from the social dialogue held between the government and different professional organizations, the government of Aruba has introduced a couple of changes in the tax legislation. The goal of these tax reforms is to stimulate the economy and purchase power of the...