Aruba has amended its Free Zone regime with effect from 1 January 2020. The Free Zone regime provides certain benefits including a 2% corporate tax rate on qualifying income. Changes to the regime including income from services provided from a Free Zone to the local Aruba market are eligible for the 2% corporate tax rate, although the service types that may be provided from a Free Zone have been limited. This includes that the following services are excluded:
- Financial services;
- Services pro…