KPMG in the Dutch Caribbean and Suriname a Fresh Perspective on Client Issues

KPMG in the Dutch Caribbean and suriname A fresh perspective on client issues

Business is tough. There’s a minefield of regulations to tackle; constant cost pressures and increased competition from both home and abroad to consider – as well as your organization’s own growth agenda. Being flexible, dynamic and ready to respond are modern-day conditions of business success.

At KPMG, we’ve invested years into Known for tackling difficult challenges – helping organizations cope in the bad KPMG’s Advisory Services combines times, succeed in the good times and technical, business and market skills do what they need to do (and more) the with an appetite for delivering workable rest of the time. When we visit client solutions. And because we really care businesses, we’re not just looking at about our clients’ success, you’ll find isolated issues but at the whole picture that our relationship with you isn’t a to see how we can deliver the best one-off but something that endures. all-round growth, governance and performance strategies. We want our Based on our years of experience globally clients to be successful which is why and locally in the Dutch Caribbean, we we work hard at getting the chemistry notice a recognizable structure in our right and giving you objective advice clients’ challenges. The challenges and to preserve and maximize the value in issues our clients face typically fall into your business. three main areas – Growth, Performance and Governance.

It is here that KPMG has positioned its expertise to work with you as you restructure and expand. Graphically we see the C-agenda like the circle on the left of this text.

All of the policy considerations or issues are on the KPMG C-level agenda in some shape or form, regardless of the size and nature of the organization in question. And any C-level official will acknowledge that growth, governance, and performance all need to be adequately and sufficiently considered in order to be successfull and safeguard the company’s profitability and continuity.

Advisory Services – tackling your challenges

Growth – creating value Performance – maximizing value Governance - preserving value Most companies will experience growing Efficiency is about much more than cost Good governance is all about managing pains as they take on their challenges management. It’s about driving value risks, establishing clear control systems and this is where KPMG works along- throughout the business; enhancing and communicating the health of the side clients to help them minimize risks productivity, optimizing supply chain and organization to the capital markets. It is and maximize returns, for example procurement processes; maximizing also about preventing risk, ensuring when: technology resources; improving finan- compliance with regulations and cial processes and creating a culture that ultimately, gaining value from the

n Entering new markets is focused on enhancing the business. compliance process. Yet compliance

n Growing from transactions KPMG can help to rapidly reduce imme- with legislation, regulations and codes

n Diminishing risk and enhancing diate costs; to develop sustainable plans of governance is often a heavy burden opportunities from acquisition that can turn around businesses. KPMG for organizations. Across jurisdictions, n Squeezing enhanced value from can help in diverse ways to maximize KPMG brings extensive expertise in disposals value, for example in: global and local standards and industry n Seizing control and realizing value specific regulations. We can help sup- from post-acquisition n Efficiency and cost optimization port companies with: n Financing, refinancing and releasing n Driving strategic changes throughout capital value the business model n International account standards n Value from major infrastructure n Embedding a culture of cost such as IFRS projects and alternative assets management throughout the business n Compliance with industry specific n Structure bid proposals n Streamlining traditional financial and and government related regulations n Advice on financing, structuring and regulatory processes to reduce costs n Optimizing organization risk managing a major infrastructure and free up time n Assess and manage enterprise-wide project. n Effectively utilizing IT throughout the risk

organization n Put an appropriate controls n Recruiting Resources framework in place

n Maximizing efficiency in systems and n Identify how the organization is controls within the technology, best able to respond to risk and finance, treasury and HR functions whether the right people, policies

n Increasing capacity for high and procedures are in place

performance through supply chain n Drive optimal efficiency and and procurement enhancements, effectiveness from internal audit

sourcing and shared services n IT Security

n Rapid cost reduction n Corporate Governance Scan

n Cash flow management n Integrity .

n Turnaround planning and implementation

n Financial Restructuring. KPMG in the Dutch Caribbean and Suriname

In the challenging and dynamic marketplace we constantly navigate in, companies require a committed professional service provider who truly understands their business and delivers quality services consistently. For more than half a century, companies in the Dutch Caribbean and Suriname have relied on KPMG to provide sound and valu- able business advice and help to manage their business risks.

Our practice KPMG in the Dutch Caribbean and Suriname is one of the leading local providers of Audit, Tax & Legal Services and Advisory services. With a professional staff of over 190 employees, we serve our customers from our offices, which are situated on Aruba, Curaçao, St. Maarten, Bonaire and Suriname. As part of the International KPMG network, the Dutch Caribbean practice draws upon skills and expertise of the firm’s professional staff throughout the world. Our success is based on focused industry knowledge and our focus on our people.

“We are deeply rooted Wide variety of cultures in the Dutch Caribbean The official language at KPMG Dutch Caribbean is English, but our staff collectively society. Moreover our speaks over 10 different languages, and on average each member of our staff speaks staff reflects this at least 2 languages fluently. These languages range anywhere from German to ‘melting pot’, which Portuguese to Indian. This is due to diversity found within KPMG and in the Dutch is so characteristic for Caribbean as a whole. the Dutch Caribbean. We are part of an international organization, but we are still deeply rooted in the Dutch Because of this, we Caribbean society. Moreover our staff reflects this “melting pot” or fusion, which is understand the society, so characteristic for the Dutch Caribbean. Because of this, we understand the society, its specific cultures its specific cultures and feelings. and business needs.” Community involvement Our social commitment is given shape in the ‘KPMG Community Foundation’. The aim of this foundation is to organize social, scientific, educational and charitable activities, and will financially support activities organized by local entities that are actively involved in community, educational, social or charitable work. kpmg.an

KPMG’s Advisory Services is part of Curaçao Joost van Beek KPMG in the Dutch Caribbean and Emancipatie Boulevard 18 Director Suriname, one of the leading Willemstad [email protected] providers of Audit, Tax and Advisory Tel. (599-9) 732-5100 or 732-KPMG services within the region. Fax (599-9) 737-5588 St. Maarten Active from offices on Curaçao, Van Goghstraat 4, Unit 1 Aruba, Bonaire, Sint Maarten and Bonaire Philipsburg Suriname, our knowledgeable and Kaya Gobernador N. Debrot 58 Tel. (599) 542-3672 industry focused professionals Kralendijk Fax. (599) 542-4738 provide our clients with a wide Tel. (599) 717-6025 array of services to help meet their Fax (599) 717-6631 Henk de Zeeuw business challenges. Managing Director For more information on KPMG’s Henk de Zeeuw [email protected] Advisory Services, please visit Managing Director [email protected] our Web site www.kpmg.an or Aruba contact one of the following Wayaca 31-D Patrick Newton professionals: Oranjestad Managing Director Tel. (297) 525-5764 [email protected] Fax. (297) 583-9365

Raymond Begina Managing Director Suriname [email protected] Henck Arronstraat 16 Paramaribo Giovanni Quilotte Tel. (597) 420 603 Director Fax. (597) 421 534 [email protected] Patrick Newton Jim van Luipen Managing Director Director [email protected] [email protected]

The information contained herein is of general nature and is not intended to address the circumstances © 2010 KPMG Advisory Services B.V., a Netherlands Antilles limited of any particular individual or entity. Although we endeavor to provide accurate and timely information, liability company and a member firm of the KPMG network there can be no guarantee that such information is accurate as of the date it is received or that it will of independent member firms affiliated with KPMG International continue to be accurate in the future. No one should act on such information without appropriate Cooperative (“KPMG International”), a Swiss entity. All rights reserved. professional advice after a thorough examination of the particular situation. The KPMG logo and name are Printed in the Netherlands Antilles. trademarks of affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity.