MEDINS I.Z. AVV |
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Company Name | MEDINS I.Z. AVV |
Date of Registration | 23rd October 1994 |
Company Objective | 1.a. investing its resources in securities, such as shares and other certificates of participation and debentures, as also in other interest-bearing claims collectible, irrespective of their name and in whatever form it be; b. acquiring of: i. proceeds, emanating from the alienation or the relinquishing of the right to make use of copyrights, patents models, secret processes or formulae, trademarks, and analogous matters. ii. royalties, including rentals with regard to films or by reason of the use of industrial, commercial or scientific installations, as also with regard to the operation of a mine or a quarry or any other natural resource and other immovable matters; iii. compensation for rendering technical assistance; c. the direct or indirect investing of its resources in immovable goods, and rights, to acquire, possess, hire, let lease, rent, parcelling-up, reclaiming, developing, improving, cultivating, building on, selling or in any other manner alienating, mortgaging or in any other way encumbering of items or immovable property and the building of infrastructural works on immovable property; d. giving security and other guarantees and the transfer into ownership whether or not in fiduciary ownership or in trust or mortgaging, pledging or otherwise encumbering or component parts of fortunes, one thing and the other as security for the payment of the company's debts and of the debts of third parties, either or not against a counterperformance. e. to trade which includes wholesale, distributive trade and future dealings and also the import and export or raw materials, metals, minerals, organic substance, semifinished products and finished products of whatever nature and under whatever name; f. to act as financing corporation and to mediate in the realization of financing of all sorts of transactions; g. to borrow monies and to issue bonds thereto, as well as to lend out monies. 2. The corporation may not be active, in or outside of Aruba, as a credit company or credit association as referred to in the Bank and Credit system Supervision Act. The corporation may not participate in the Aruban commercial traffic, except for those transactions which are necessary to maintain the administration of an office in Aruba. 3. The corporation is authorized to perform any and everything for the achievement of its objective which can be necessary or useful, or stands in relationship therewith, in the broadest sense of the word, including the participation in any other enterprise or company and also to perform all other actions in the commercial, industrial and financial area. |
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Financial Secrecy Index [more info] | 68 |