About Us

About Us


Curaçao Trust Management (“CTM”) is a licensed independent fiduciary services provider which effectively renders fiduciary services as of August 1, 1991.

CTM is founded by Engelmindus George Praag, born in Curaçao on November 15, 1952, who after his basic and high school education in Curaçao and in The Netherlands specialized in Tax Law at the University of Amsterdam, where he mastered at tax law. After a career of five years as tax adviser at Arthur Young (today Ernst & Young) in Curaçao, during which he attended tax matters of multi-national company structures, he took the challenge of setting up a trust company for a mortgage bank in Curaçao in 1989.
After two years in 1991 he continued the business independently under the name Curaçao Trust Management, also registered under the trade name “CTM Curaçao”.

The client base of the CTM Group of fiduciary services companies consists of hundreds of managed international business companies in Curaçao.
The Curaçao client companies are managed by four wholly owned director companies: C.T.M. Corporation N.V. - CTM Shipping N.V. - Carmanco N.V. - Domi N.V.

CTM’s client relations and fiduciary services team consists of fourteen multi-lingual professionals, who are committed to engage into and maintain efficient and professional business relationships flavored with personal attention.

CTM’s motto is: Because our client is our business we only mind our own business.

Most of CTM’s clients are referred to it by respectable professionals in the international juridical and financial services market that are aware of the fact that CTM deals with its clients’ interest as top priority. CTM maintains a personal relationship with these professionals and with the clients referred to CTM, which is the key to a sound client base.

goto top