top of page

Suriname

Legal form:

Sorry, I don't understand your question.

Delivery:

6 weeks

Price: $

3000

Payment methods:

payment methods.webp

Requirements:

Document checklist:

Local legal address (Handled by B2B Hub) 

1.Passport
2.Proof of Residence 

Registrar

Organization name

Abbreviation

Country

Suriname

Email

Phone

Listing
Open website
UK comapny formation (1).webp

About

Suriname

Capital
Official languages
Population 
Currency

ISO 4217

Paramaribo

Dutch, Sranan Tongo, and English

586,634 (as of July 2020)

Surinamese Dollar

SRD

FAQ

Frequently Asked Questions (FAQ) for Company Formation in Suriname:


Q: What types of companies can be formed in Suriname?

A: The most common types of companies that can be formed in Suriname are limited liability companies (LLCs), partnerships, and sole proprietorships.


Q: What are the requirements for forming an LLC in Suriname?

A: To form an LLC in Suriname, you will need to have at least two shareholders and a minimum share capital of SRD 10,000. You will also need to register your company with the Chamber of Commerce and Industry of Suriname.


Q: What are the requirements for forming a partnership in Suriname?

A: To form a partnership in Suriname, you will need at least two partners, who will share the profits and losses of the company. You will also need to register your partnership with the Chamber of Commerce and Industry of Suriname.


Q: What are the requirements for forming a sole proprietorship in Suriname?

A: To form a sole proprietorship in Suriname, you will need to register your business with the Chamber of Commerce and Industry of Suriname.


Q: How long does it take to register a company in Suriname?

A: The registration process for a company in Suriname can take anywhere from a few days to several weeks, depending on the type of company and the completeness of the application.


Q: What taxes do I need to pay as a business owner in Suriname?

A: Business owners in Suriname are required to pay income tax, value-added tax (VAT), and social security contributions, among other taxes and fees.


Q: Do I need a local partner to form a company in Suriname?

A: No, there is no requirement for foreign investors to have a local partner to form a company in Suriname.


Q: Are there any restrictions on foreign ownership of companies in Suriname?

A: No, there are no restrictions on foreign ownership of companies in Suriname.


Q: Do I need to have a physical office in Suriname to form a company?

A: Yes, you will need to have a physical office or address in Suriname to register your company. This address will be used for official correspondence and to receive any legal notices.


Q: What documents do I need to provide to register a company in Suriname?

A: The specific documents required to register a company in Suriname will depend on the type of company and the location. However, in general, you will need to provide identification documents for all shareholders, a business plan, and proof of payment of the registration fee.

Economy

Suriname has a strong and growing economy, with a GDP of $7.3 billion in 2019. This is a 4.2% increase from the previous year, and the country is expected to continue to grow in the coming years. The country's main exports are gold, oil, and alumina, and its main imports are machinery, transport equipment, and manufactured goods. The unemployment rate in Suriname is 8.2%, which is lower than the regional average. The inflation rate is also low, at 2.2%. The country has a strong banking sector, with the Central Bank of Suriname overseeing the banking system. The government has also implemented a number of reforms to improve the business environment, including reducing the corporate tax rate and introducing a new tax code. Overall, Suriname has a strong and growing economy, with a positive outlook for the future.

Taxation

Suriname is a country located in South America, and its taxation system is administered by the Suriname Tax Authority.


Corporate taxation in Suriname is applied to both resident and non-resident companies. Resident companies are taxed on their worldwide income at a standard rate of 36%, while non-resident companies are taxed on income earned in Suriname at a rate of 36%. There are also municipal taxes that can vary depending on the location of the company. Companies are required to file annual tax returns and make payments to the Suriname Tax Authority by the deadline set by the government.


Personal taxation in Suriname is also applied to both residents and non-residents. Residents are taxed on their worldwide income at a progressive rate, ranging from 8% to 38%. Non-residents are taxed on income earned in Suriname at a flat rate of 38%. In addition to income tax, there are also taxes on wealth and inheritance. Individuals are required to file annual tax returns and make payments to the Suriname Tax Authority by the deadline set by the government.


Value Added Tax (VAT) is applied to most goods and services in Suriname at a standard rate of 10%, with reduced rates of 0% and 8% for certain goods and services. Businesses registered for VAT must file monthly VAT returns and make payments to the Suriname Tax Authority by the deadline set by the government.


The tax calendar in Suriname runs from January to December, and tax returns and payments are due by different deadlines depending on the type of tax and the taxpayer's circumstances. For example, corporate tax returns are due four months after the end of the accounting period, while personal tax returns are due by March 31 of the following year. VAT returns are due monthly, with payments due within 15 calendar days after the end of the period.


It's important to note that tax laws and regulations in Suriname can be complex, and it may be necessary to consult with a tax professional or legal expert to ensure compliance with Suriname tax laws. Additionally, tax rates and regulations can vary depending on the location and industry, and it's important to check the local tax laws and regulations to ensure compliance.

Company incorporation application form

Representative

Chosen company name

Main business activity

Legal address of director

Extra services

Submit ✉

Your inquiry has been submitted. Thank You!

We will contact you shortly…

PDF application form

B2B hub provides fillable PDF application forms, you can simply save the filled form and send us by email clicking here  reg@b2bhub.uk or live chat

bottom of page