The Curaçao Chamber of Commerce (KvK) launched a digital UBO registration portal in May 2025. The statutory deadline for all existing legal entities to complete initial registration passed on July 1, 2025. From that date, the UBO register is fully enforced under the UBO Registration Decree (Landsverordening Uiteindelijke Belanghebbenden). All legal entities registered in Curaçao — including NVs, BVs, foundations, associations, trusts, and foreign branches — were required to register their Ultimate Beneficial Owners before the July 1 deadline.
What the Enforcement Deadline Means
The July 1, 2025 deadline was the completion point for initial registration — entities that had not registered their Ultimate Beneficial Owners by that date were already non-compliant. Administrative fines of up to XCG 25,000 apply to entities that have not met their initial registration obligations. For service providers managing Curaçao entities, any portfolio entity that did not complete registration before the deadline should be treated as carrying an outstanding compliance risk that requires urgent remediation.
Ongoing Obligations: Two-Week Change Notification
The UBO regime does not end at initial registration. Any change to UBO information — whether a change in identity, ownership percentage, or qualifying interest — must be reported to the KvK via the digital portal within two weeks of the change occurring. This is an ongoing operational obligation that requires service providers and company administrators to maintain a process for identifying and acting on UBO changes promptly.
The Digital Portal Replaces Email Submissions
The KvK's digital portal replaces earlier email-based UBO submissions. All new registrations and change notifications must be submitted through the portal. Service providers that have not yet integrated the portal into their compliance workflows should do so as a priority.
Newly Incorporated Entities
For entities incorporated after July 1, 2025, UBO registration must be completed within two weeks of incorporation. There is no grace period for new entities — the two-week registration requirement applies immediately upon incorporation.