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CATC-HCC Newsletter

September 2020

Below are some highlights for this month. 
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The Best Price does not equal the Best Product or Service

Two products, two customers. Every product has many options that often drive the sales prices versus the cost to produce it. Where is your product or service?

CATC-HCC can help you determine the goals necessary to produce a high-quality product and create them at an affordable cost. Whether it is a product, a service, or a retail store, CATC-HCC is your business partner for success!

ARUBA • BONAIRE • CURAÇAO • ST. MAARTEN

Mandatory Reporting to Central Bank of Aruba

Click here. As of September 2020, holders of foreign assets and liabilities accounts have mandatory weekly and monthly reporting requirements to the Central Bank of Aruba (CBA). 

Let us assist you with reporting the foreign exchange commission for payments abroad to CBA.

Mortgage Interest on Aruba is High, but Why?

A recent article in the Antilliaans Daglblad addressed the high mortgage interest typically found in Aruba.

We have posted more details here. Read on.

2019 Personal Income Tax Declaration Forms are Issued

On September 1st, the Aruba Tax Department will issue the personal tax declaration forms for the 2019 tax calendar year. Are you prepared? CATC-HCC is, join us to get ready. Click here for more.

ACCOUNTING • CORPORATE FINANCE • PAYROLL • TAX & LEGAL

Does a Tenant have to Pay Rent During COVID-19?

A frequently asked question is, “Does the (business) tenant have to keep paying the rent during this period?”

You can find the answer by reading more here.

Where did the word “dollar” come from? History shows it traces back to the Dutch “lion dollar” as one of its origins.
Sources: coins.nd.edu and en.wikipedia.org

For all of the latest news and updates from CATC-HCC,
please refer to our online News page.

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CONTACT US:

ARUBA
J.E. Irausquin Boulevard 20-A, Oranjestad
Phone +297-527-5500 • Fax +297-527-5555
info@catc-hcc.com

BONAIRE
Kaya Irlanda 15, Kralendijk
Phone +599-717-6530 • Fax +599-717-4199
info@catcbonaire.com

CURAÇAO
Green Apple, Dr. M. J. Hugenholtzweg 25, Willemstad
Phone +599-9-521-4228
info@catc-hcc.com

ST. MAARTEN
Frontstreet 49, Philipsburg
Phone +1-721-542-2481 • Fax +1-721-542-5170
info@catc-hcc.com

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