Company Registration in Suriname- An Overview

Aspect Details
Timeline The timeline to obtain a Company Registration in Suriname takes around 2 to 8 weeks.
Benefits

The benefits of obtaining an online Company Registration in Suriname are as discussed below:

  • Limited Liability Protection
  • Enhanced Credibility
  • Global Reach
  • Foreign Ownership
  • Tax Advantages
  • Easy Access to Capital
  • No Currency Restrictions
  • Access to Growing Natural Resources
Documents Needed

The documents needed to apply for Company Registration in Suriname are provided below:

  • Duly filled company registration form
  • Notarized copy of company AOA and MOA
  • A draft of the company’s statutes (by-laws)
  • A business plan (if seeking investment)
  • Information about the company’s bank account
  • Valid company registration document
  • Valid ID proof of all the shareholders and directors
  • Details of the registered office address
  • Copy of tax declaration (Belasting vastnr.)
  • Authorization letter from the company owner/board
  • Valid copy of Customs ID card
  • Approval from the Cabinet of the President (if necessary)
  • Declaration of compliance with relevant laws
  • Investment license (if applicable)
  • Any other company documents (if necessary)
Eligibility Criteria

The eligibility criteria required for Company Registration in Suriname are as follows:

  • Full Ownership by Foreigners
  • Registered company name
  • Minimum number of 1 shareholder
  • Minimum of 1 director
  • A company secretary, having full knowledge of local laws
  • A minimum share capital of 1,000 Surinamese Dollar (SRD)
  • Registered office address
  • Any additional considerations
Types of Companies in Suriname

The types of companies in Suriname are as follows:

  • Limited Liability Company (Naamloze Vennootschap or NV)
  • Private Limited Company (Besloten Vennootschap or BV)
  • Sole Proprietorship (Eenmanszaak)
  • Partnership (Vennootschap Onder Firma or VOF)
  • Corporation (Corporatie)
  • Cooperative Association (Coöperatieve Vereniging)
  • Foundation (Stichting)
  • Joint Venture (Samenwerkingsverband)
  • Branch Office (Filiaal van een Buitenlandse Vennootschap)
Top Businesses Seeking Company Registration in Suriname

The top businesses seeking Company Registration in Suriname are as follows:

  • IT Services & Software Development Firms
  • Renewable Energy Firms
  • Export & Trading Business
  • Shipping, Freight Forwarding & Distribution Business
  • Eco-Tourism Agencies, Resorts & Hospitality Ventures
  • Food Processing & Agro-based Manufacturing Units
  • Mining Support & Resource Processing Units
  • Financial Consultancy, Accounting & Legal Advisory Services
  • Education, Training Centres & Private Schools
  • Healthcare Clinics & Pharmaceutical Distribution Firms
Process

The process to obtain a full Company Registration in Suriname is as follows:

  • Step 1: Name Search and Verification
  • Step 2: Obtain Extract and Nationality Declaration
  • Step 3: Draft and Notarize Company’s Documents
  • Step 4: Deposit Minimum Capital
  • Step 5: Register with the Chamber of Commerce (KKF)
  • Step 6: Approval from Cabinet of President
  • Step 7: Obtain Business Licenses
Post-Company Registration Compliance Requirements

The post-company registration compliance requirements are as follows:

  • TIN registration with the National Directorate of Domestic Revenue
  • Social security registration with the social security system of Suriname
  • Compliance with industry-specific regulations
  • Maintain accurate records and reports crucial for ongoing compliance
  • Mandatory business licenses (Handelsvergunning)
  • Report changes in company details to the Chamber of Commerce and Industry
  • Timely renewal of business licenses and permits (if applicable)
  • Compliance with Suriname’s labour laws and employment contracts
  • Annual General Meeting (AGM) for key business decisions
How Enterslice Can Help You?
  • 10+ years of proven experience in foreign company setup in Suriname
  • Assisted around 1000+ entrepreneurs worldwide with seamless business registration in Suriname
  • Holds an in-depth understanding of Suriname’s local laws
  • Offers a 99.9% success rate in company registration and licensing services
  • Provides comprehensive due diligence services for making informed decisions
  • Offers complete documentation support throughout the process
  • Provides customized solutions for startups, SMEs, and foreign investors
  • End-to-end support from name reservation to post-incorporation compliance
  • Strong local and global regulatory network
  • Committed client support and team of qualified professionals
  • Helps secure TIN registration and municipal licensing (if applicable)
  • Offers transparent pricing with no hidden costs
  • Provides regular updates on legal and regulatory changes in Suriname

Your Partner for Effortless Company Registration in Suriname

Let Enterslice assist you with your company registration in Suriname and explore limitless business opportunities in South America.

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Understanding Company Registration in Suriname

Suriname, located on the northeastern coast of South America, is one of the fastest-emerging business destinations, offering attractive opportunities to entrepreneurs looking to establish their business. Suriname business incorporation in the parliamentary unitary republic offers excellent opportunities to entities involved in sectors such as mining, agriculture, renewable energy, and trade. Company registration in Suriname is a great choice for those aiming to launch their dream business in Suriname.

Company registration in Suriname enables investors to access both the Southern America and Caribbean markets. With its strategic location, rich natural resources, business-friendly investment policies, and tax incentives, Suriname is emerging as an ideal hub for international investors.

From the dynamic growth of Paramaribo to Suriname’s natural wealth, the country offers a unique combination of opportunities to foreign investors seeking business expansion. Partner with Enterslice to turn your business vision into reality, ensuring full compliance, transparent pricing, and a hassle-free registration process.

Strategic location with access to the South American and Caribbean markets

Investor-friendly policies and consistent government support

Opportunities in mining, agriculture, and the renewable energy sector

Signed double taxation avoidance treaties with several countries

Allows 100% foreign ownership of the company’s shares

Access to the emerging trade routes of Suriname

Stable political and economic framework in Suriname

Supported by a skilled, multilingual, and talented workforce

Business Structures for Suriname Business Incorporation

The different types of business structures formed or registered at the national level of government in Suriname for Suriname business incorporation are as discussed below:

llc

Limited Liability Company (Naamloze Vennootschap or NV)

A limited liability company, commonly known as Naamloze Vennootschap or NV, is a type of legal entity owned and controlled by the owners having legal or economic interest in the business.

BV

Private Limited Company (Besloten Vennootschap or BV)

A private limited company, also known as Besloten Vennootschap or BV, is similar to an NV, the shares of which are not publicly traded and are restricted to a small group of shareholders.

Sole Proprietorship

Sole Proprietorship (Eenmanszaak)

A sole proprietorship, commonly known as Eenmanszaak, is one of the simplest forms of business structure, owned, controlled, or formed by one single individual, having unlimited personal liability for all debts and obligations of the business.

Partnership

Partnership (Vennootschap Onder Firma or VOF)

A partnership, also known as Vennootschap Onder Firma or VOF, is a form of business structure formed by two or more partners having a share in ownership and liability of the company.

Corporation

Corporation (Corporatie)

A corporation, also known as Corporatie, is a separate legal entity similar to an NV, which is suitable for larger enterprises seeking business expansion in Suriname.

Cooperative Association

Cooperative Association (Coöperatieve Vereniging)

A cooperative association, commonly known as Coöperatieve Vereniging, is a type of business structure formed by individuals or businesses aimed at achieving mutual economic or social goals in Suriname.

Foundation

Foundation (Stichting)

A foundation, commonly known as Stichting, is a non-profit legal entity often used for social, charitable, or cultural purposes. It is a trust-like vehicle used for holding shares and the protection of assets by the board of directors, rather than the shareholders.

Joint Venture

Joint Venture (Samenwerkingsverband)

A joint venture, also known as Samenwerkingsverband, is a contractual or corporate agreement between two or more parties, collaborate for a specific project or business activity.

Branch Office

Branch Office (Filiaal van een Buitenlandse Vennootschap)

A branch office, also known as Filiaal van een Buitenlandse Vennootschap, is an extension of a foreign parent company, allowing it to operate locally without forming a separate legal entity.

How to Register a Company in Suriname?

The procedure to register a company in Suriname involves compliance with the following steps, as discussed below:

Name Search and Verification

The first step requires the entrepreneurs to search and verify the company name at the Chamber of Commerce and Industry (KKF).

Obtain the Extract and Nationality Declaration

Next, the entrepreneurs must obtain an extract and nationality declaration for each founder from the Civil Registry of Suriname.

Draft and Notarize the Company’s Documents

The entrepreneurs are further required to draft and notarize the company’s documents, including Articles of Association, bylaws, and ID copies, in Dutch.

Deposit Minimum Capital

The entrepreneurs are further advised to open a bank account and deposit the minimum share capital required to register a company in Suriname.

Register with the Chamber of Commerce (KKF)

The entrepreneurs must submit a notarized copy of documents along with the proof of capital deposit for seeking registration with the Chamber of Commerce and Industry (Kamer van Koophandel en Fabrieken or KKF) in Suriname.

Approval from the Cabinet of the President

After the company registration application is filed with the KKF, it is forwarded to the Cabinet of the President for final approval and grant of the KKF registration number.

Obtain Business Licenses (Handelsvergunning)

Lastly, the entrepreneurs must obtain mandatory business licenses, i.e., Handelsvergunning, issued by the Ministry of Trade, Industry, and Tourism (if required).

Timeline for Suriname Business Incorporation

The process for Suriname business incorporation typically takes around 2 to 8 weeks, depending on the type of business structure, completeness of documents, and the procedural workload.

Preparation and Document Drafting: 1 to 2 Weeks

It takes around 1 to 2 weeks for the preparation, name reservation, drafting of company documents, and obtaining a Civil Registry extract required for Suriname business incorporation.

Application Submission and Review by KKF: 1 to 2 Weeks

It takes around 1 to 2 weeks for the submission and review of the application, along with the required documents for the grant of registration by the Chamber of Commerce and Industry (KKF).

Issuance of Registration Certificate: 1 to 2 Weeks

The issuance of a registration certificate incorporating the KKF registration number from the Cabinet of the President takes around 1 to 2 weeks.

Obtain Business Licenses: 1 Week

The time taken to obtain mandatory business and trade licenses from the Ministry of Trade, Industry, and Tourism takes around 1 week.

Open a Corporate Bank Account: 1 Week

The time taken to open a corporate bank account in any of the local banks for operation and compliance in Suriname takes around 1 week.

Documents Required for Company Formation in Suriname

Company formation in Suriname requires the entrepreneurs to have the following set of documents, as discussed below:

Duly filled company registration form

Notarized copy of company AOA and MOA

A draft of the company’s statutes (by-laws)

A business plan (if seeking investment)

Information about the company’s bank account

Valid company registration document

Valid ID proof of all the shareholders and directors

Details of the registered office address

Copy of tax declaration (Belasting vastnr.)

Authorization letter from the company owner/board

Valid copy of Customs ID card

Approval from the Cabinet of the President (if necessary)

Declaration of compliance with relevant laws

Investment license (if applicable)

Any other company documents (if necessary)

Benefits of Company Registration in Suriname

The entrepreneurs seeking online company registration in Suriname get access to several benefits as discussed below:

Honduras Business Incorporation

Limited Liability Protection

Registering a company in Suriname offers limited liability protection to its owners, holding liability only to the extent of their investment in the business.

Enhanced Credibility

A company registered in Suriname gains enhanced trust and credibility, and trust from customers, investors, and partners, strengthening its relationship and market reputation.

Global Reach

Company registration makes it easier for international clients and partners to find and engage with your business, expanding your reach beyond Suriname.

Foreign Ownership

Suriname allows 100% foreign ownership of companies registered with the Chamber of Commerce and Industry, making it accessible for international investors.

Tax Advantages

Suriname offers potential tax advantages in the form of incentives, exemptions, and investment-friendly policies to companies involved in specific sectors or operating as startups.

Easy Access to Capital

The Suriname-registered companies get easy access to raise capital and credit from financial institutions and international investors.

No Currency Restrictions

Companies registered in Suriname benefit from relatively flexible foreign exchange regulations, allowing repatriation of profits and easier cross-border trade.

Access to Growing Natural Resources

Suriname, having abundant natural resources, offers ample opportunities to companies engaged in mining, energy, and related services.

Requirements for Online Company Registration in Suriname

The requirements for online company registration in Suriname are as discussed below:

  • Full Ownership by Foreigners: The shares of the company are 100% eligible for foreign ownership.
  • Suriname Company Name: The entrepreneurs must have a registered company name, verified by the Chamber of Commerce and Industry of Suriname.
  • of Shareholders: A minimum number of 1 shareholder is required for company registration in Suriname.
  • Minimum Directors: A minimum of 1 director, who is either a legal entity or a natural person, is required for company registration in Suriname.
  • Secretary: A company secretary, having full knowledge of local laws and filing requirements, is mandatory for company registration in Suriname.
  • Minimum Share Capital: A minimum share capital of 1,000 Surinamese Dollar (SRD), i.e., 134 USD, is required for company registration in Suriname.
  • Registered Office Address: In Suriname, a registered office address, which serves as the official contact point for communication, is mandatory for company registration.
  • Additional Considerations: Any additional considerations, such as registration with the Chamber of Commerce and Industry and the Ministry of Economic Affairs and Technological Innovation through Suriname Electronic Single Window (SESW), must be complied with.

Industries & Businesses for Company Formation in Suriname

The list of top 10 industries and businesses permitted for company formation in Suriname is as follows:

Top 10 Industries Permitted for Company Formation in Suriname

  • Mining and Natural Resources Industry
  • Agriculture and Agribusiness
  • Renewable Energy Sector
  • Tourism and Hospitality Industry
  • Forestry and Timber Sector
  • Fisheries and Aquaculture Industry
  • Financial and Banking Services
  • Logistics, Trade, and Transportation Industry
  • Real Estate and Infrastructure Development Industry
  • Information Technology and Digital Services

10 Businesses for Foreign Company Setup in Suriname

  • IT Services & Software Development Firms
  • Renewable Energy Firms
  • Export & Trading Business
  • Shipping, Freight Forwarding & Distribution Business
  • Eco-Tourism Agencies, Resorts & Hospitality Ventures
  • Food Processing & Agro-based Manufacturing Units
  • Mining Support & Resource Processing Units
  • Financial Consultancy, Accounting & Legal Advisory Services
  • Education, Training Centres & Private Schools
  • Healthcare Clinics & Pharmaceutical Distribution Firms

Post-Setup Compliance for Company Registration in Suriname

Once your company is registered, the entrepreneurs must adhere to the following post-setup compliance requirements for online company registration in Suriname:

  • Apply for TIN registration with the National Directorate of Domestic Revenue
  • Secure social security registration with the social security system of Suriname
  • Ensure compliance with industry-specific regulations
  • Maintain accurate records and reports crucial for ongoing compliance
  • Apply for mandatory business licenses (Handelsvergunning)
  • Report changes in company details to the Chamber of Commerce and Industry
  • Apply for timely renewal of business licenses and permits (if applicable)
  • Comply with Suriname’s labour laws and employment contracts
  • Conduct Annual General Meeting (AGM) for key business decisions
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Why Enterslice for Online Company Registration in Suriname?

Enterslice is a trusted global consulting firm that assists entrepreneurs in simplifying the legal, tax, and regulatory framework for business expansion within the region. Connect with us to simplify the legal and regulatory process for online company registration in Suriname:

  • 10+ years of proven experience in foreign company setup in Suriname
  • Assisted around 1000+ entrepreneurs worldwide with business registration in Suriname
  • Holds an in-depth understanding of Suriname’s local laws
  • Offers a 99.9% success rate in company registration and licensing services
  • Provides comprehensive due diligence services for making informed decisions
  • Offers complete documentation support throughout the process
  • Provides customized solutions for startups, SMEs, and foreign investors
  • End-to-end support from name reservation to post-incorporation compliance
  • Strong local and global regulatory network
  • Committed client support and team of qualified professionals
  • Helps secure TIN registration and municipal licensing (if applicable)
  • Offers transparent pricing with no hidden costs
  • Provides regular updates on legal and regulatory changes in Suriname

FAQs on Foreign Company Setup in Suriname

Have a look at the following answers to the most asked questions:

The process to register a company in Suriname requires compliance with the steps, as provided below:

  • Step 1: Name Search and Verification
  • Step 2: Obtain the Extract and Nationality Declaration
  • Step 3: Draft and Notarize the Company’s Documents
  • Step 4: Deposit Minimum Capital
  • Step 5: Register with the Chamber of Commerce (KKF)
  • Step 6: Approval from the Cabinet of the President
  • Step 7: Obtain Business Licenses (Handelsvergunning)

NV in Suriname stands for Naamloze Vennootschap, i.e., a public limited company, which is a type of legal entity owned and controlled by the owners having legal or economic interest in the business.

The tentative cost to obtain a business visa is around 5040.0 SRD (Surinamese dollars) for a single entry and USD 360 for multiple entries.

The official language in Suriname is Dutch, although it is not the first language for all residents.

The different types of business structures available for registration in Suriname are as follows:

  • Limited Liability Company (Naamloze Vennootschap or NV)
  • Private Limited Company (Besloten Vennootschap or BV)
  • Sole Proprietorship (Eenmanszaak)
  • Partnership (Vennootschap Onder Firma or VOF)
  • Corporation (Corporatie)
  • Cooperative Association (Coöperatieve Vereniging)
  • Foundation (Stichting)
  • Joint Venture (Samenwerkingsverband)
  • Branch Office (Filiaal van een Buitenlandse Vennootschap)

According to the Ministry of Finance, the corporate tax rate in Suriname has been 36% since 2013.

The standard VAT rate in Suriname is 10%.

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