Bonaire, Sint Eustatius and Saba What are the company types?

Bonaire, Sint Eustatius and Saba (BES Islands) are special municipalities located in the Dutch Caribbean. The following types of companies exist on these islands:

1. Limited Liability Company (LLC): This is a type of company in which the capital is divided into shares and the shareholders bear limited liability.

2. Partnership: Partnership is the union of two or more people to do business for a common purpose. Partners share the profits and losses of the business and bear unlimited liability.

3. Sole Proprietorship: It is a type of company run by a single person. The owner of the company makes all the decisions of the company and bears all responsibility.

4. Cooperative: A cooperative is a group of people coming together for a common purpose and uniting to do business. Decisions are taken jointly and profits are shared.

5. Foundation: A foundation is a generally non-profit organization established to serve a specific purpose. Foundations are often established for charitable, educational or cultural purposes. The types of companies mentioned above are generally the types of companies that can be found in Bonaire, Sint Eustatius and Saba. However, more specific or different types of companies can also be found on these islands. It is important to consult local laws and regulations for detailed information.

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