Digitalization of Income Tax (Suriname)

As of January 1 2025, income tax in Suriname will be fully facilitated digitally via the online portal of the Tax Authorities. This important development marks a new phase in the modernization of the Surinamese tax system.

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Income tax plays a central role in the tax system of Suriname and is levied annually on the income of both natural persons and legal entities. For natural persons, the tax rate ranges from 0% to 38%, depending on the net income. For legal entities, a fixed rate of 36% applies.

The launch of the Tax Authorities online portal on November 1 2022, laid the foundation for this transition. Since January 1 2024, payroll tax filings can be submitted through this portal, and income tax filings will follow for the 2025 tax year. Initially introduced for filing Value Added Tax (VAT) returns, the portal has since been enhanced with advanced functionalities and will increasingly play a critical role across various types of taxes.

From now on, profit taxpayers have the obligation to submit their declarations digitally. This also means that paper submissions are no longer an option. The Tax Department will no longer provide the profit tax declaration form in paper format and will not accept requests for it.

In short, the digitalisation of income tax underlines the Tax and Customs Administration’s commitment to improving its services and contributing to a future-proof tax administration. This progress will make the process more efficient, increase accuracy and reduce administrative burdens.

Contact

Our team of seasoned tax practitioners can assist you with the filing of your income tax in Suriname.

Should you have any questions regarding this announcement, please do not hesitate to contact us. Our team would be more than happy to assist you with your questions.

Key Contact

Sigourney Nabibaks

Sigourney Nabibaks