Suriname Tax Rates
Suriname operates a progressive tax system administered by the Belastingdienst (Tax Administration). Personal income tax has a top rate of 38%, corporate tax is 36%, and a turnover tax of 10% applies. The tax system reflects Dutch legal traditions. Suriname has offshore oil potential and mineral resources that are increasingly important to its economy.
Top Income Tax Rate
38%
Corporate Tax Rate
36%
VAT / Sales Tax
10%
Capital Gains Tax
36%
Detailed Tax Information
Income Tax Brackets
Suriname imposes a progressive personal income tax with five brackets from 0% to 38%. Residents are taxed on worldwide income; non-residents on Surinamese-source income. The system follows Dutch tax principles. Note: brackets are expressed in older SRD amounts and may be adjusted.
| Income Range | Tax Rate |
|---|---|
| SRD 0 – SRD 3K | 0% |
| SRD 3K – SRD 14K | 8% |
| SRD 14K – SRD 24K | 18% |
| SRD 24K – SRD 38K | 28% |
| SRD 38K+ | 38% |
Corporate Tax
Suriname imposes a 36% corporate income tax on business profits. Mining and oil companies may be subject to special fiscal terms. The rate is among the higher ones in South America.
Standard Rate
36%
Capital Gains Tax
Capital gains in Suriname are generally treated as business income and subject to corporate income tax at 36%. Specific rules apply to real estate gains.
Rate
36%
VAT / Sales Tax
Suriname levies a 10% turnover tax on most goods and services. Basic necessities are exempt or zero-rated. The government has considered introducing a modern VAT system.
Standard Rate
10%
Cryptocurrency Tax
Suriname does not have specific cryptocurrency legislation. The Central Bank of Suriname has not recognized virtual currencies. General tax rules would apply to crypto income.
Tax Treaties
Suriname has a limited tax treaty network with approximately 3 agreements, primarily with the Netherlands (reflecting historical ties), Indonesia, and CARICOM members.
Treaty Network
3
Double taxation agreements
Major treaty partners:
Key Details
Relocate to Suriname
See how much you could save by moving here from your current country.
$-9,734
Tax in United States
$24K
24.4% effective
Tax in Suriname
$34K
34.1% effective
Additional Cost
40%
more tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
