1. Welcome to Aruba…let us be your guide Michael-Leo van Romondt Deloitte Dutch Caribbean

2. Backbone of our economy SME’s account for more than 65% of Aruba economy Medium < 50 employees Small < 10 employees Micro < 2 employees Different types of companies (NV/VBA/AEC)

3. Backbone of our economy Aruba government has been facilitating foreign investment through ARINA (one stop shop) Improving the business climate such as speeding up licensing procedures and lowering costs. In comparison to mainly Europe, Aruba still has substantial lower costs of doing business

4. Backbone of our economy Aruba Customs is currently undergoing a transformation process to simplify procedures, which will facilitate doing business Deloitte is facilitating this process through our indirect tax expert/partner Julian Lopez Ramirez, who is also present at this event for further explanation

5. Current situation Diverse economy needed from risk perspective Infrastructure development underway (new road development/airport improvements/renovation and expansion hospital/harbour move to Barcadera) – better transit flow of goods and services

6. Current situation Specific tax products in place (more underway for specific areas of development) Excellent airlift to the Americas and Europe Good harbour facilities (expansion plans underway) HUMAN ASSET is Aruba’s biggest asset (service minded, multilingual, educated)

7. Focus Aruba as a Gateway Better utilization/marketing of current incentives (IPC, Freezone, AEC, Transparant company)/further improvements underway Special industries (niche market) Proven top brand tourist product – from undiscovered to unparalleled

8. Focus Partnership with larger groups, which have added value for Aruba economy (capital injection) Local involvement – transfer of know how and expertise Local entrepreneurs with cross-cultural expertise

9. Logistics and Business Airport San Nicolas Harbour Free zone

10. Gateway in motion Schiphol TNO Several Medical schools Tourism education programs Baptist medical cooperation with IMSAN Gasunie

11. Practical examples SME’s Tourism Center of Excellence (export knowledge/experience) Schiphol cooperation has given ample opportunities to local entrepreneurs to expand business and bring it to the next level (onsite operators, aircraft registration, private aircraft facilities)/F&B operators and maintenance

12. Practical examples SME’s Local entrepreneurs working with world class brands are currently expanding to other countries Due to shift towards green economy, there is a spin off of technology expertise inflow towards Aruba, which will bring local expertise to even higher level (f.e. better storage of overcapacity of wind energy)

13. Practical examples SME’s Free zone opportunities has already brought lower costs (in comparison to mainly Europe) to the attention of European entrepreneurs For the Latin American partners, we see somewhat different reasons to do business in Aruba (f.e. safety reasons/relationship with Europe/excellent airlift/closeness to Latin America/multilingual and multicultural)

14. Win-Win

15. Gateway between Europe and the Americas The Green Dot is at Your Service to facilitate your use Aruba’s Green Gateway!

16. Masha danki pa e atenshon Dank voor uw aandacht Thank you for your attention Muchas gracias por su atencion