Anyone who has spent time in Curaçao as more than a tourist will know the name Herman Behr.
Mr. Behr has shaped Curaçao into the reputable offshore jurisdiction it is today.
In this post, we will go through HB Management or, as it’s also known, HBM Group. “HB”, of course, stands for Herman Behr.
I won’t be spending too much time on the due diligence, since much of it is set up in jurisdictions without public records. Instead, the reputation of HBM stands on its own merits.
HBM providers incorporation, trusts, asset management, and other services in the following jurisdictions:
- British Virgin Islands
- St Maarten
- The Netherlands
Other jurisdictions, such as Anguilla and Cayman Islands are covered but through partners, although I am told they are working on becoming a licensed registered agent and trustee in Anguilla.
Let’s look into HB Management.
Domain Name: HBMGROUP.COM Registry Domain ID: Registrar WHOIS Server: whois.networksolutions.com Registrar URL: http//www.networksolutions.com/en_US/ Updated Date: 2010-03-29 Creation Date: 2000-04-03 Registrar Registration Expiration Date: 2015-04-03 Registrar: NETWORK SOLUTIONS, LLC. Registrar IANA ID: 2 Registrar Abuse Contact Email: [email protected] Registrar Abuse Contact Phone: 1-800-333-7680 Reseller: Domain Status: clientTransferProhibited Registry Registrant ID: Registrant Name: HB Management N.V. Registrant Organization: HB Management N.V. Registrant Street: Emancipatie Boulevard #31 Registrant City: Curacao Registrant State: AN Registrant Postal Code: 99999 Registrant Country: AN Registrant Phone: 5999-734-1000 Registrant Phone Ext: Registrant Fax: 5999-734-1200 Registrant Email: [email protected] Registry Admin ID: Admin Name: Behr, Herman Admin Organization: HB Management N.V. Admin Street: Emancipatie Boulevard #31 Admin City: Willemstad Admin State: null Admin Postal Code: null Admin Country: AN Admin Phone: 5999-734-1000 Admin Phone Ext: Admin Fax: 5999-734-1200 Admin Email: [email protected] Registry Tech ID: Tech Name: Network Solutions, LLC. Tech Organization: Network Solutions, LLC. Tech Street: 13861 Sunrise Valley Drive Tech City: Herndon Tech State: VA Tech Postal Code: 20171 Tech Country: US Tech Phone: 1-888-642-9675 Tech Phone Ext: Tech Fax: 571-434-4620 Tech Email: [email protected] Name Server: NS0.DNSMADEEASY.COM Name Server: NS1.DNSMADEEASY.COM
The address matches the address of their New Haven, Curaçao office.
HBM Group – officially HB Management N.V. – is a company in Curaçao, with company number 56554. You can visit the Curacao Chamber of Commerce & Industry to verify.
HBM Group’s primary jurisdiction is Curaçao, but they are physically present and licensed in all other jurisdictions they cover.
Here I will go through the most popular.
British Virgin Islands
There are three regulated entities belonging to the HBM Group in BVI. All three are licensed to perform Company Management.
With Mr. Behr being a former chairman of the board of the Curaçao International Financial Services Association, it shouldn’t come as a surprise that HBM is a licensed, regulated service provider.
In Malta, HBM is present as HBM Group Malta Limited with company number 34837.
At the end of it all, we can conclude that HBM Group can be verified and provides a satisfactory level of transparency. We don’t really need to know the names of all shareholders. It’s enough that the company is licensed by multiple FIUs across the world.
Prices are high, though, often two or three times higher than the cheapest bottom-of-the-barrel providers. For more serious projects, I always make sure to use a high-calibre provider such as as HBM, but their costs might eat up a lot of the initial capital for smaller entrepreneurs.
HBM Group has a well-deserved reputation for excellence. My personal experience with them has remained positive throughout the years.