Personal income tax on salaries

Table of Contents

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)Rate
0 – 2,6460%
2,646 – 14,002.808%
14,002.80 – 21,919.8018%
21,919.80 – 32,839.8028%
Above 32,839.8038%
Income tax for legal entities
Taxable IncomeRate
Regardless of incomeFlat 36%
Note: The above applies to taxable income per year.