How much will it cost to incorporate a business in Sint Maarten?
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ARE YOU LOOKING TO INCORPORATE A BUSINESS IN ST. MAARTEN?
Are you ready to invest in ‘the friendly island’ but want to know the cost to incorporate a business in St. Maarten? Keep reading to learn about business incorporation costs in St. Maarten!
There are many benefits to incorporating a business on Sint Maarten. Some benefits include personal asset protection, enhanced credibility, brand protection and deductible expenses.
Incorporating a business in St. Maarten can be costly, so some of the estimated costs (in USD) of business incorporation in Sint Maarten can be found below.
Costs to incorporate a business in St. Maarten:
- Service Fees: $3,000
- Notary Fees: $1,500 – $3,000
- Business and Director License Fees: $2,000
- Operational License Fee (if applicable): $2,000
- Labor Registration Fee: $142
If you’re thinking about the costs to incorporate a business in St. Maarten, you should have a minimum budget of USD $6,800 for one business and one director license. Depending on the type of business, such as a restaurant or lounge, you may need an extra operational license, which increases your costs by at least $2000.
If you wish to have more than one managing director, additional fees will apply. Therefore, it is important to keep in mind what type of investment or company you wish to incorporate in St. Maarten and the costs associated with each type of business. BrightPath Caribbean recommends having a budget of USD $6,800 – $10,000 that when incorporating a business in St. Maarten, depending on the type of business being incorporated and the number of managing directors that are to be established.
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Disclaimer: Our articles are not intended as (legal) advice and do not take your personal circumstances into consideration. BrightPath does not accept any liability for damages resulting from using the provided information. We highly recommend you to seek personalized advice from us or before you act or fail to act because of the content of our articles. BrightPath is a privately-owned consulting firm that assists clients with filing applications for residence permits and/or business licenses at the relevant government departments. None of our directors, employees or agents hold or have held any position with the government of Sint Maarten and our service does not provide for any preferential treatment with regards to any application. All information provided and statements made only serve to provide you with a general understanding of immigration, residence and business incorporation procedures on Sint Maarten.
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