Oranjestad · Aruba
Kinsed Group is an accounting firm in Oranjestad, Aruba, working with businesses in Aruba, Curaçao and Bonaire. Three tax systems, one office that knows all of them.
What we handle
Take one part or all of it. Most clients start with the monthly administration and add payroll and tax once the first quarter closes clean.
Sales, purchases, bank and cash entered and reconciled every month. You send the documents; you get a set of books that is always current.
Returns prepared from your own ledger and filed on the due date, under the rules of the island you actually operate in.
Payroll runs on schedule, and the year closes with a jaarrekening your bank, your notary and your shareholders can all work from.
The work around the numbers: getting a new company running properly, cleaning up a set of books, or sitting in when a decision needs a figure behind it.
Tax by island
Aruba, Curaçao and Bonaire each run their own rules, rates and currency. Pick your island to see what applies to you and what we file on your behalf.
| Aruba | Curaçao | Bonaire | |
|---|---|---|---|
| Turnover tax | BBO/BAVP/BAZV at 7% | OB at 6% (7% insurance, 9% certain goods) | ABB at 8% on goods, 6% on services |
| Profit tax | 22% | 15% to XCG 500,000, then 22% | None. 7.5% on distributions |
| Currency | Aruban florin (AWG) | Caribbean guilder (XCG) | US dollar (USD) |
| Tax authority | Departamento di Impuesto | Belastingdienst Curaçao | Belastingdienst Caribisch Nederland |
| Property tax | Grondbelasting | Onroerendezaakbelasting | Vastgoedbelasting at 17.5% of a deemed 4% yield |
Rates current as of August 2026, shown for orientation only. Thresholds, exemptions and special regimes change what you actually pay, so ask us for a calculation on your own figures.
How it works
Every client works in the same shared environment, whichever island they are on. Nothing is carried around on a USB stick, and nothing sits in an inbox waiting to be found.
One place where every client's administration is entered, checked and closed.
Sends the administration through the client sheet: sales, purchases and cash in one structured upload.
Bank statements come in as PDF and are matched against the ledger, account by account.
Salary details go straight to payroll, and the payroll entries post back into the books.
Upload the month's documents. Same format every time, so nothing has to be chased.
We enter, reconcile and check the period, then flag anything that does not tie out.
Monthly figures, filed returns, and at year-end the annual accounts and calculations.
The office
Kinsed Group (Management Accounting & Consulting N.V.) works with owner-run businesses across Aruba, Curaçao and Bonaire: retail, hospitality, professional services and holding structures. Work is done from Oranjestad and delivered digitally, so where you are does not change how fast you get your figures.
Common questions
Short answers to the things business owners on the three islands ask before they call. Anything else, pick up the phone. The answer is usually quicker than the email.
BBO is Aruba's turnover tax. It is charged together with BAVP and BAZV, and the three come to 7% combined: BBO 2.5%, BAVP 1.5% and BAZV 3%. It has worked this way since 1 January 2023, and since August 2023 it is charged on imports too. Because it applies at every step of the chain and cannot be deducted like VAT, it accumulates, so your pricing has to allow for it.
Monthly. The return is filed and paid by the 15th of the following month. Note also that since 2019 you may not show BBO/BAVP/BAZV as a separate line on an invoice. The price you quote already includes it.
The standard OB rate is 6%. Insurance services are taxed at 7% and certain goods and services at 9%, while exports are zero-rated. Returns are filed monthly or quarterly depending on your filing frequency. A nil period still needs a return. Skipping it is what triggers a penalty, not the amount owed.
15% on taxable profit up to XCG 500,000 and 22% on anything above that. Curaçao taxes profit on a territorial basis, so only results from activities in Curaçao enter the base. Since 31 March 2025 the currency is the Caribbean guilder (XCG), which replaced the Antillean guilder at the same value.
No. Bonaire levies no profit tax at all. Instead there is a 7.5% opbrengstbelasting on profit distributions, raised from 5% on 1 January 2025, plus a property tax charged at 17.5% of a deemed 4% yield, roughly 0.7% of the value each year. So the burden lands on distributions and property rather than on profit itself.
ABB is the general expenditure tax. It is 8% on goods delivered by producers and on imports, 6% on services and 7% on insurance. Prices have to be quoted including ABB. Bonaire uses the US dollar, which keeps exchange differences out of the books entirely.
Yes. Catch-up work is a normal part of what we do. Tell us which months are open and what state the documents are in, and we will come back with what it takes to bring the administration current and what it costs. Late is fixable; the returns still have to be filed either way.
No. The office is in Oranjestad, but the work is done in a shared cloud administration and delivered digitally, so clients in Curaçao and Bonaire are served the same way and on the same timeline as clients down the road.
Sales and purchase documents, bank statements, and salary details if we run your payroll. Sent the same way each month so nothing has to be chased. From there we enter, reconcile and check the period, flag anything that does not tie out, and send back your figures.
Rates current as of August 2026. Thresholds, exemptions and special regimes change what you actually pay, so ask us for a calculation on your own figures.
Contact
Send a short message and we will come back with what it takes to get your books current, and what it costs per month.
Opens your mail app with the message ready to send.