In July 2019, HBN Law & Tax published a newsletter discussing the amendments announced at the time to the laws governing legal entities.
This newsletter came in response to the enactment by the Parliament of Aruba of the National Ordinance Amending the Civil Code of Aruba (CCA) by Introducing a Book 2 on the Law of Legal Entities. This new Book 2 took effect on January 1, 2021, though it featured a good deal of variations from the previously announced version of May 28, 2019. Also, the necessary transitional law has meanwhile been codified.
This is why we have prepared this new newsletter, which provides an updated overview of the legislation as it was ultimately adopted.