In order to start a business in St. Maarten, one must first issue a “Business License” based on the “Vestigingsregeling voor Bedrijven” Ordinance. This can be done in the form of a sole proprietorship, a limited liability company (N.V. or B.V.) or other as regulated in the Civil Code.
The following require a business license:
- Dutch nationals not born on St. Maarten, Curacao, Aruba, Bonaire, Saba and St. Eustatius.
- Foreign nationals
- A limited liability company (N.V./B.V.) or other entity
- A locally established sole proprietorship
A Notary at Law must establish the articles of incorporation for a limited liability. The notary submits the request for a Director and Business License at the Minister of Tourism Economic Affairs, Transport & Telecommunication (TEATT) along with other documents required on the client’s behalf.
- A nonrefundable processing fee must be paid by the applicant
- Once the Director’s license is approved, a residence permit is required for the foreign national who intends to live on St. Maarten. This must be done by requesting a residence permit at the Department of Immigration, Border Protection Services.
- In addition to a business license, an Operational License may be required for some businesses. This request is submitted at the TEATT, via the Department of Economic Licenses.
For a full list of the documents required by BrightPath to start your business incorporation procedure, please visit “Start your business in St. Maarten with us”
Source: https://issuu.com/evtsxm/docs/st._maarten_investment_guide Page 22-23, 2014
Disclaimer
Our Blogposts are not intended as (legal) advice and do not take your personal circumstances into consideration. All information provided and statements made only serve to provide you with a general understanding of immigration, residence and business incorporation procedures on Sint Maarten. BrightPath does not accept any liability for damages resulting from using the provided information. We highly recommend you to seek personalized advice from us before you act or fail to act because of the content of our Blogposts.
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