Reasons to Start Investing in St. Martin
- Political stability in St. Martin, given that the government is democratically elected.
- It has a suitable environment for investment. Tourism is developing in the current period and the government is working on innovating and encouraging new business ideas.
- It has a solid and well-developed infrastructure. When starting your business, you will benefit from communications, logistics and various services.
- Commercial real estate is available for rent or purchase, and it is suitable for different business sectors.
- When creating your company, you do not have to involve any local shareholder, unlike other countries.
- The country does not impose customs duties on exports.
- Easy access to North America and South America markets.
Also read: A Simplified Definition of Commercial Law
Who Can Set Up a Company in St. Martin?
- Children of Dutch nationality and have been living in Saint Martin for ten years or more.
- People holding the Dutch citizenship.
- People of foreign nationality who are registered with the Statistical Office for ten years or more.
- Foreign nationals married to women from the Antilles.
- People who have a permanent residence permit.
Also read: The Importance of Having a Commercial Lawyer Before Starting Your Investment
Procedures to Obtain a License in St. Martin
- Determining the Company’s name.
- The name of the owner of the company.
- Determining the company activities and address.
- Determining the value of capital.
Also read: The Most Important Branches of Commercial Law
Documents Required to Establish the Company in St. Martin
- A copy of the passport.
- A copy of the CV.
- Academic degrees (may be required for some fields).
- A copy of the police record.
- The actual location of the company.
- Home address and phone number.
- A copy of the registration form.
- A copy of your permanent residence permit.
- A copy of the marriage documents.