Category Legal News

YEAR-END BULLETIN: WHAT TO EXPECT FOR 2026

As we approach the end of 2025, significant changes are on the horizon for Suriname in 2026. With the election of Jennifer Geerlings-Simons as the first female President, the focus shifts to enhancing tax collection rather than introducing new taxes. The newly established Ministry of Oil, Gas and Environment aims to oversee the burgeoning oil industry, while the Local Content Law promises to create job opportunities for Surinamese citizens. Additionally, the New Civil Code introduces crucial amendments affecting businesses and labor regulations. Discover how these developments will impact you and your organization in the coming year!

Dissolution of a Company

dissolution of a company

In Suriname, the dissolution of a company involves a series of legal steps and formalities, culminating in the termination of its existence as a legal entity. During this process, assets are liquidated, debts settled, and any remaining funds distributed among shareholders, marking the closure of the company's operations.

YEAR-END TAX BULLETIN

tax changes 2024

As we approach the end of 2023, it’s time to prepare for what lies ahead of us. The year 2024 promises to be eventful as we anticipate significant changes in tax legislation and the digitalization of tax compliance requirements at the Tax Office in Suriname. In this Year-End Bulletin, we provide you with an outline of several announcements for entities and individuals, taking effect on January 1, 2024. We will also look at the key changes that may come into effect in 2024.