General Terms and Conditions
L&M Tax Consultancy

1. Definitions
1.1. L&M Tax Consultancy ("the Firm"): A tax advisory firm registered in Aruba, providing tax compliance, payroll services, corporate and personal tax declarations, tax objections, and other tax-related services.
1.2. Client: Any individual, business, or entity that engages L&M Tax Consultancy for professional services.
1.3. Services: All tax advisory, compliance, payroll, and consultancy services provided by the Firm.
1.4. Agreement: The engagement letter and these General Terms and Conditions form the binding agreement between the Client and L&M Tax Consultancy.

2. Scope of Services
2.1. L&M Tax Consultancy provides tax-related advisory and compliance services in accordance with applicable Aruban laws and regulations.
2.2. Our services include, but are not limited to:

• Payroll administration and tax compliance

• Preparation and filing of corporate and personal tax returns

• Tax planning and advisory services

• Drafting and filing of tax objections and appeals

• Joint venture and share exchange agreements

• Representation before the Aruba Tax Authorities (DIMP)
  2.3. The Firm provides advice based on the information available at the time. Changes in legislation, case law, or official rulings may impact our advice.

3. Client Responsibilities
3.1. The Client shall provide all necessary and accurate financial and tax-related information required for the provision of services.
3.2. The Client remains responsible for the accuracy of their tax returns and compliance obligations.
3.3. The Firm is not liable for penalties or additional tax assessments resulting from incorrect or incomplete information provided by the Client.

4. Fees and Payment Terms
4.1. Fees for services are specified in the engagement letter or fee schedule provided to the Client.
4.2. Payments are due within 14 days of the invoice date unless otherwise agreed. Late payments may incur interest at a rate of 1.5% per month.
4.3. Additional work outside the agreed scope will be charged separately at the Firm’s standard hourly rate.

5. Confidentiality and Data Protection
5.1. All Client information shall be treated as confidential and used only for the purpose of providing services.
5.2. The Firm complies with applicable data protection laws in Aruba.
5.3. The Firm may disclose information if required by law or authorized by the Client.

6. Limitation of Liability
6.1. The Firm shall exercise due care and diligence in providing services but does not guarantee specific outcomes.
6.2. Liability for any claims, damages, or losses arising from services rendered shall be limited to the amount of fees paid by the Client for the affected services.
6.3. The Firm is not liable for indirect or consequential damages.

7. Termination of Services
7.1. Either party may terminate the Agreement in writing with 30 days’ notice.
7.2. The Firm reserves the right to terminate services immediately if the Client provides false information, fails to meet payment obligations, or engages in unlawful activities.
7.3. Upon termination, the Client shall pay all outstanding invoices and fees for work completed up to the termination date.

8. Governing Law and Dispute Resolution
8.1. These terms and conditions shall be governed by and interpreted in accordance with the laws of Aruba.
8.2. Any disputes arising from this Agreement shall first be subject to mediation. If no resolution is reached, disputes shall be settled in the competent courts of Aruba.

9. Amendments and Validity
9.1. The Firm reserves the right to update these Terms and Conditions at any time. Clients will be notified of any changes in writing.
9.2. If any provision of these Terms and Conditions is found to be invalid or unenforceable, the remaining provisions shall remain in effect.

10. Contact Information
L&M Tax Consultancy
L. G. Smith Boulevard Z/N
+297 6413196
info@lmtaxc.com

By engaging L&M Tax Consultancy, the Client acknowledges and agrees to these General Terms and Conditions.