Linked to the Netherlands
Officially, Aruba is part of the Kingdom of the Netherlands; Aruba’s laws are based on Dutch civil law.
 
Formerly Offshore  
Formerly, Aruba’s offshore activities included banking, holding, insurance, and licensing structures.

These are taxed at a low, but not minimal, rate. Aruba’s Free Zone draws manufacturing companies, mainly those with markets in the European Union and the Americas.

New Fiscal Regime
The island’s New Fiscal Regime erased the distinction between offshore and onshore companies. It is in line with the generally accepted standards set by the OECD (Organisation for Economic Co-operation and Development) and allows it to enter into tax treaties with OECD countries.

The Aruba government supports investments and plans reduction in personal and corporate income tax.