Business Accounts

Resident (Onshore) company (N.V. or B.V.)

Articles of incorporation
A recent Chamber of Commerce excerpt (document should not be dated prior to 6 months)
Valid Identification document of all signing authorities, UBO’s and managing directors
Shareholder’s register (signed by director of company)
Business license or Tax office “Verklaring” of registered Crib number
Entity tax form (see below in Downloadable forms)
Substantiate expected income/amount to be deposited on the account amount(s) to be deposited on and or withdrawn from the account (e.g. Financial Statements, Tax return forms, Balance Sheet, Business Plan or projections for not older than two years.)
Address verification document of all new signing authorities, UBO’s and directors (e.g. utility bill, bank statements or registration form not dated prior to 6 months)
One acceptable Bank reference letter for beneficial owners, directors and authorized signatories. This is not required for existing clients/residents of St. Maarten
Up to date corporate structure signed and dated by director (only applies to complex structures with more than one layer)
First deposit of USD 280 or/and XCG 500

If a company is listed as the UBO, the Chamber excerpt and Share register must be provided for each entity until a natural person can be established.
If a financial institution, proof of the financial institution is under the regulation of regulating entity (Central Bank license)

Sole Proprietorship

A recent Chamber of Commerce excerpt (document should not be dated prior to 6 months)
Valid Identification document of all signing authorities, UBO’s and managing directors
Business license or Tax office “Verklaring” of registered Crib number
Individual tax form (see below in Downloadable forms)
Substantiate expected income/amount to be deposited on the account amount(s) to be deposited on and or withdrawn from the account (e.g. Financial Statements, Tax return forms, Balance Sheet, Business Plan or projections for not older than two years.)
Address verification document of all new signing authorities, and owner. (e.g. utility bill, bank statements or registration form not dated prior to 6 months)
One acceptable Bank reference letter for owner and/or authorized signatories. This is not required for existing clients/residents of St. Maarten.
First deposit of USD 280 or/and XCG 500

Partnership

Partnership agreement (signed)
A recent Chamber of Commerce excerpt (document should not be dated prior to 6 months)
Valid Identification document of all signing authorities and partners
Business license or Tax office “Verklaring” of registered Crib number
Entity tax form (see below in Downloadable forms)
Substantiate expected income/amount to be deposited on the account amount(s) to be deposited on and or withdrawn from the account (e.g. Financial Statements, Tax return forms, Balance Sheet, Business Plan or projections for not older than two years.)
Address verification document of all new signing authorities, and partners. (e.g. utility bill, bank statements or registration form not dated prior to 6 months)
One acceptable Bank reference letter for partners and authorized signatories. This is not required for existing clients/residents of St. Maarten
First deposit of USD 280 or/and XCG 500

If companies are listed as partners, KYC documents such as Chamber of Commerce, Articles of incorporation and Share register are required.

Foundations/Associations

Articles of incorporation
A recent Chamber of Commerce excerpt (document should not be dated prior to 6 months)
Valid Identification document of all signing authorities and board members
Tax office “Verklaring” of registered Crib number
Entity tax form (see below in Downloadable forms)
Substantiate expected income/amount to be deposited on the account amount(s) to be deposited on and or withdrawn from the account (e.g. Financial Statements, Tax return forms, Balance Sheet, Business Plan or projections for not older than two years.)
Address verification document of all new signing authorities and board members (e.g. utility bill, bank statements or registration form not dated prior to 6 months)
One acceptable Bank reference letter for board members and authorized signatories. This is not required for existing clients/residents of St. Maarten
First deposit of USD 280 or/and XCG 500

Private Foundations

Articles of incorporation
A recent Chamber of Commerce excerpt (document should not be dated prior to 6 months)
Valid Identification document of all signing authorities and board members
Tax office “Verklaring” of registered Crib number
Entity tax form (see below in Downloadable forms)
Substantiate expected income/amount to be deposited on the account amount(s) to be deposited on and or withdrawn from the account (e.g. Financial Statements, Tax return forms, Balance Sheet, Business Plan or projections for not older than two years.)
Address verification document of all new signing authorities and board members (e.g. utility bill, bank statements or registration form not dated prior to 6 months)
One acceptable Bank reference letter for board members and authorized signatories. This is not required for existing clients/residents of St. Maarten
Kadaster confirming ownership of asset or Sales and Purchase agreement indicating potential ownership of asset
Letter of wishes or UBO register (must indicate ultimate beneficiary)
First deposit of USD 280 or/and XCG 500

Offshore Company (Non-Resident)

All company documents in foreign languages must be officially translated in English by a certified translator.

Certificate of incorporation and Bylaws
Certificate of incumbency (document should not be dated prior to 6 months)
Certificate of good standing (document should not be dated prior to 1 year)
Valid Identification document of all signing authorities, UBO’s and managing directors
Shareholder’s register (signed by director of company)
Chamber of commerce excerpt -not older than 6 months (The company must be legally registered in Sint Maarten if it conducts business within the territory of St. Maarten.)
Tax office “Verklaring” of registered Crib number
Entity tax form (see below in Downloadable forms)
Substantiate expected income/amount to be deposited on the account amount(s) to be deposited on and or withdrawn from the account (e.g. Financial Statements, Tax return forms, Balance Sheet, Business Plan or projections for not older than two years.)
Address verification document of all new signing authorities, UBO’s and directors (e.g. utility bill, bank statements or registration form not dated prior to 6 months)
One acceptable Bank reference letter for beneficial owners, directors and authorized signatories. This is not required for existing clients/residents of St. Maarten.
Up to date corporate structure signed and dated by director (only applies to complex structures with more than one layer)
First deposit of USD 280 or/and XCG 500

If a company is listed as the UBO, the Chamber excerpt and Share register must be provided for each entity until a natural person can be established.

French Company (Non-Resident)

All company documents in foreign languages must be officially translated in English by a certified translator.

Status (Original and English translation)
KBIS (Original and English translation) -document should not be dated prior to 6 months
Valid Identification document of all signing authorities, UBO’s and managing directors
Impot des revenues for company
Entity tax form (see below in Downloadable forms)
Substantiate expected income/amount to be deposited on the account amount(s) to be deposited on and or withdrawn from the account (e.g. Financial Statements, Tax return forms, Balance Sheet, Business Plan or projections for not older than two years.)
Address verification document of all new signing authorities, UBO’s and directors (e.g. utility bill, bank statements or registration form not dated prior to 6 months)
One acceptable Bank reference letter for beneficial owners, directors and authorized signatories. This is not required for existing clients/residents of St. Maarten.
First deposit of USD 280 or/and XCG 500

If a company is listed as the KBIS and Status must be provided for each entity until a natural person can be established.

**French resident customers are required to provide a copy of their previous impot sur le revenue (not older than 2 years)

Government Entity

Articles of incorporation (if applicable)
National Decree (Landsbesluit)
Official document detailing responsibilities of authorized signatories including restrictions in accordance with the law
Valid identification of signing authorities
Address verification of signing authorities (not required for existing clients)

Looking to open a new business account or update an existing one? Please complete this form to get started.

Below is a list of available business accounts and the required documentation for opening each account.

Downloadable Forms