Who are considered domestic taxpayers?

Domestic taxpayers include all individuals who reside in Suriname, as well as the following entities established in Suriname:

• Public limited companies (naamloze vennootschappen), limited partnerships with shares, and other companies whose capital is wholly or partly divided into shares

• Cooperative associations and other associations established on a cooperative basis

• Mutual insurance companies, as well as associations operating on a mutual basis as an insurer or credit institution

• Other private legal entities and associations without legal personality, if and insofar as they conduct a business other than solely for the promotion of a general social interest

• Legal entities established by law, if and insofar as they conduct a business.

What are the income tax rates in Suriname?

Income tax for individuals (in SRD)

• Taxable Income (SRD): 0 – 2,646 Rate: 0%

• Taxable Income (SRD): 2,646 – 14,002.80 Rate: 8%

• Taxable Income (SRD): 14,002.80 – 21,919.80 Rate: 18%

• Taxable Income (SRD): 21,919.80 – 32,839.80 Rate: 28%

• Taxable Income (SRD): Above 32,839.80 Rate: 38%

Income tax for legal entities

• Taxable Income (SRD): Regardless of income Rate: Flat 36%

• Taxable Income (SRD): Note: The above applies to taxable income per year.