top of page

Sint Eustatius and Saba

Delivery:

Price: $

Payment methods:

payment methods.webp
UK comapny formation (1).webp

About

Sint Eustatius and Saba

Capital
Official languages
Population 
Currency

ISO 4217

Oranjestad

Dutch and English

3,543 (as of 2020)

Netherlands Antillean Guilder

XS

Document checklist:

Process

Economy

"Sint Eustatius and Saba are two small Caribbean islands located in the Lesser Antilles. The islands have a combined population of just over 4,000 people and a combined GDP of $90 million. The economy of the islands is largely based on tourism, with the majority of the population employed in the hospitality industry. The islands also have a thriving agricultural sector, with the main crops being bananas, coconuts, and other tropical fruits. The islands also have a small manufacturing sector, with the main products being textiles and electronics.

The islands have a low unemployment rate of just 4.2%, and the average income per capita is $22,000. The islands have a strong banking sector, with the main banks being the Caribbean Development Bank and the Central Bank of the Netherlands Antilles. The islands also have a strong financial services sector, with the main services being insurance, investment banking, and asset management.

The islands have a strong education system, with the main universities being the University of the Netherlands Antilles and the University of Sint Eustatius. The islands also have a strong healthcare system, with the main hospitals being the Sint Eustatius Medical Center and the Saba Medical Center.

Overall, Sint Eustatius and Saba have a strong economy that is largely based on tourism and agriculture. The islands have a low unemployment rate and a strong banking and financial services sector. The islands also have a strong education and healthcare system."

Taxation

Sint Eustatius and Saba are two special municipalities of the Netherlands located in the Caribbean, and their taxation system is governed by the Dutch tax laws.


Corporate taxation in Sint Eustatius and Saba is levied at the same rate as in the Netherlands, which is a flat rate of 15% on taxable profits. Companies must file an annual tax return and pay their taxes by June 1 of the following year.


Personal taxation in Sint Eustatius and Saba is also based on the Dutch tax laws, with a progressive tax rate system ranging from 37.1% to 49.5% on all income earned by residents. However, there are some exemptions and deductions available for certain types of income, such as employment income and retirement benefits. Individuals must file an annual tax return and pay their taxes by May 1 of the following year.


In addition to income tax, Sint Eustatius and Saba also have a turnover tax (TO), which is equivalent to the Value Added Tax (VAT) in the Netherlands, and is levied on most goods and services. Registered businesses are required to collect TO from their customers and remit it to the government. TO returns and payments are due monthly or quarterly, depending on the size of the business.


Taxpayers in Sint Eustatius and Saba can file their tax returns and make payments online through the Dutch Tax Authorities' website. The tax calendar in Sint Eustatius and Saba runs from January to December, with tax returns and payments due by June 1 of the following year for corporate taxes and by May 1 of the following year for personal taxes. TO returns and payments are due monthly or quarterly, depending on the size of the business.


It's worth noting that the tax laws in Sint Eustatius and Saba are subject to change, as they follow the Dutch tax laws, which may change from time to time. Additionally, the Dutch Tax Authorities have implemented measures to improve tax collection and combat tax evasion in the Caribbean Netherlands, including increasing the number of tax inspectors and improving the tax administration systems.

Company incorporation application form

Representative

Chosen company name

Main business activity

Legal address of director

Extra services

Submit ✉

Your inquiry has been submitted. Thank You!

We will contact you shortly…

PDF application form

B2B hub provides fillable PDF application forms, you can simply save the filled form and send us by email clicking here  reg@b2bhub.uk or live chat

bottom of page