- Suriname offers partial import duty exemptions for certain sectors (tourism, agriculture, industry), with specific rates and requirements, valid until June 27, 2026.
- The new VAT regime in Suriname has multiple rates (0%, 5%, 10%, 25%) and specific rules for exemptions and input VAT recovery.
- Small businesses with annual revenue up to SRD 1,000,000 are exempt from VAT registration but cannot recover input VAT; registration is required once revenue exceeds this threshold.
- Suriname allows fiscal unity for VAT purposes, enabling financially and organizationally linked entities to be treated as one entrepreneur for VAT.
Source: hbnlawtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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