Tax rate by region Suriname

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The information provided on this page is intended for general informative purposes only. It should not be interpreted as tax advice, nor is it meant to be. For advice on your particular tax responsibilities, consult with an experienced tax expert. PayPro Global does not assume any responsibility for any action taken or not taken based on the information presented here.

Suriname applies a standard 10% Value Added Tax (VAT)—which replaced its old turnover tax framework—administered by the Belastingdienst Suriname. Non-resident providers of digital products and electronic services are required to register for VAT once their sales to local consumers exceed a statutory threshold of SRD 500,000. Compliance obligations operate on a standard monthly reporting cycle, with electronic returns and tax payments due by the 16th day of the month following the close of the reporting period, backed by strict penalty regulations updated in early 2026 for missed or inaccurate declarations.

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Suriname

Suriname implemented a Value Added Tax (VAT) regime effective 1 January 2023. Standard VAT rate is 10%. Foreign businesses supplying digital products to customers in Suriname must register once sales exceed SRD 500,000.

Official government link: Belastingdienst Suriname (Tax and Customs Administration)

10.00%

E-products and services VAT/Sales tax rate

Exempted product categories

Small businesses with annual revenue ≤ SRD 1,000,000 are exempt from VAT registration

Tax applicable for

B2B and B2C

Reverse charge mechanism for B2B sales

Yes

Tax ID validation required

Yes

When do you have to register

After SRD 500,000 in sales has been exceeded

Online registration possible

Yes 

Local representative needed

Not mandatory

Registration procedure

Register with Belastingdienst Suriname under non-resident digital services regime

List of digital and electronic services liable for tax

Streaming games, music, apps, films, e-books, e-journals, software, internet services

Registration threshold

SRD 500.000

Filing interval

Monthly

Filing deadline

By the 16th day of the month following the reporting period

E-invoicing requirements

Not mandatory

Record keeping

7 years 

How-To Guides: Suriname SaaS VAT

Step: 1 Threshold

Effective January 1, 2023, Suriname will require non-resident service providers to register for and collect VAT on the provision of the following services to consumers in Suriname:

 

(1) the transfer and granting of copyrights, patents, licensing rights, trademarks and similar rights;

(2) advertising services;

(3) services provided by consultants, engineers, consultancies, lawyers, accountants and other similar services, as well as data processing and disclosure;

(4) the obligation not to exercise, in whole or in part, a professional activity or a right referred to in this Article;

(5) banking, financial and insurance operations, including reinsurance operations and except for the hire of safes;

(6) the provision of staff;

(7) the rental of movable tangible property, except for all means of transport;

(8) telecommunication services;

(9) radio- on television broadcasting services;

(10) electronic services.

 

The law includes a registration threshold of SRD 500,000 for non-resident providers of digital services but does not include any such threshold for the other remotely provided services.

Registration is mandatory for foreign suppliers of digital services to local consumers (B2C) if sales exceed this threshold.

Step: 2 Business Registration

Register online via the Suriname Tax Authority (Belastingdienst) portal. Foreign entities can register without a local establishment but may need to provide details like the Certificate of Incorporation and ID of directors.

Step: 3 TIN/VAT Number

Upon registration, businesses shall receive a FIN (Fiscaal Identificatienummer), a unique tax ID assigned upon registration.

Step: 1 Standard Rate

Standard VAT (IVA) in Suriname is 10%. 

Step: 2 Rate Formula

To calculate your tax amounts, use the following formula:

 

Tax Amount = Net Price x 10%

 

Step: 3 Reverse Charge (B2B)

Yes. Foreign suppliers do not charge VAT on sales to registered Surinamese businesses. The local business buyer is responsible for withholding and declaring the tax under the reverse charge mechanism.

Step: 1 Selling B2C

Charge 10% VAT on digital services (e.g., streaming, apps, software) sold to non-business residents in Suriname.

 

 

Step: 2 Selling B2B

Do not charge VAT. Obtain and validate the customer’s FIN (Tax ID) to confirm business status. Indicate “Reverse Charge” on the invoice.

Step: 3 Invoice Requirements

Invoices must generally include:

 

• Supplier Name and Address
• Buyer Name and Address
• Date of Issue & Invoice Number
• Description of Service
• Net Amount & VAT Amount (or 0% if B2B)
• Currency (SRD or foreign currency converted at Central Bank rate).

Step: 1 Filing Interval

Taxes are filed monthly.

Step: 2 Filing Deadline

The filing deadline is by the 16th day of the month following the reporting period (e.g., January return is due by February 16).

Step: 3 Submission

File electronically via the Belastingdienst Online Portal. Payment is made via bank transfer to the Tax Collector’s account.

Step: 4 Record Keeping

Records must be kept for 10 years (General rule for commercial records in Suriname).

PayPro Global Solution: Simplified Registration & Fiscal Representation

Navigating Suriname’s VAT registration and fiscal representation can be daunting. PayPro Global acts as your Merchant of Record, handling these complexities, including VAT registration and fiscal representation where needed, so you can focus on your business.

Learn more about our MoR services.

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