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Republic of Suriname

Capital: Paramaribo HDI: 0.714 (103^rd)

Language: Dutch

GDP (PPP): $9.188 billion

Currency: Surinamese Dollar

Population: 573,311

Republic of Suriname is a sovereign state on the northeastern Atlantic coast of South America. It is bordered by French Guiana to the east, Guyana to the west and Brazil to the south. At just under 165,000 km2 (64,000 sq mi), it is the smallest country in South America. Suriname has a population of approximately 566,000, most of whom live on the country’s north coast, in and around the capital and largest city, Paramaribo.

Long inhabited by numerous cultures of indigenous tribes, Suriname was explored and contested by European powers before coming under Dutch rule in the late 17th century. In 1954, the country became one of the constituent countries of the Kingdom of the Netherlands. On 25 November 1975, the country of Suriname left the Kingdom of the Netherlands to become an independent state, nonetheless maintaining close economic, diplomatic, and cultural ties to its former colonizer. Its indigenous peoples have been increasingly active in claiming land rights and working to preserve their traditional lands and habitats.

Suriname is considered to be a culturally Caribbean country, and is a member of the Caribbean Community (CARICOM). While Dutch is the official language of government, business, media, and education, Sranan, an English-based creole language, is a widely used lingua franca. Suriname is the only territory outside Europe where Dutch is spoken by a majority of the population. The people of Suriname are among the most diverse in the world, spanning a multitude of ethnic, religious, and linguistic groups.

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Map

Economic Overview

Industry Trends

Starting a Business

Visas & Permits

Infrastructure

Culture & Living

Housing & Rentals

RESEARCH

Economic Overview
Suriname Overview – World Bank http://www.worldbank.org/en/country/suriname/overview
One of the Caribbean’s best performing economies over the last decade, largely due to its rich endowment in natural resources. GDP growth came to a halt in 2015. With the end of the community boom, the economic contraction has deepened in 2016, accompanied by currency depreciation and high rates of inflation.
Suriname Economy 2016, CIA World Factbook http://www.theodora.com/wfbcurrent/suriname/suriname_economy.html
The economy is dominated by the mining industry, with exports of alumina, gold, and oil accounting for about 85% of exports and 25% of government revenues, making the economy highly vulnerable to mineral price volatility.
Industry Trends & Business Climate
Starting a Business in Suriname http://www.doingbusiness.org/data/exploreeconomies/suriname/starting-a-business
This site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Suriname.
Doing Business in Suriname – World Bank Group http://www.doingbusiness.org/data/exploreeconomies/suriname
This site summarizes Doing Business data for Suriname. It includes rankings, data for key regulations and comparisons with other economies.
Establishing a Presence
Starting a Business in Suriname http://www.doingbusiness.org/data/exploreeconomies/suriname/starting-a-business
This site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Suriname.
Starting a Business in Suriname http://www.doingbusiness.org/data/exploreeconomies/suriname/starting-a-business
This site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Suriname.
Taxes
Suriname Corporate Tax Rate | 2013-2016 http://www.tradingeconomics.com/suriname/corporate-tax-rate
The Corporate Tax Rate in Suriname stands at 36 percent.
Paying Taxes in Suriname – Doing Business http://www.doingbusiness.org/data/exploreeconomies/suriname/paying-taxes
This site provides a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as administrative burden in paying taxes.
Suriname Personal Income Tax Rate | 2013-2016 http://www.tradingeconomics.com/suriname/personal-income-tax-rate
The Personal Income Tax Rate in Suriname stands at 38 percent.
Suriname Sales Tax Rate | Turnover tax | 2014-2016 http://www.tradingeconomics.com/suriname/sales-tax-rate
The Sales Tax Rate in Suriname stands at 10 percent.
Paying Taxes in Suriname – Doing Business http://www.doingbusiness.org/data/exploreeconomies/suriname/paying-taxes
This site provides a detailed summary of the taxes and mandatory contributions that a medium-size company must pay including VAT
Visas
Suriname Visa | Passport Health Passports and Visas https://www.passporthealthusa.com/passports-and-visas/visas/suriname-visa/
Information on obtaining a visa for Suriname.
Suriname Visa: Application, Requirements https://suriname.visahq.com/
Online application site for Suriname visa
Infrastructure
Suriname Transportation – Taxi, Train, Bus & Airport Tips https://www.virtualtourist.com/travel/South_America/Suriname/Transportation-Suriname-TG-C-1.html
Tips on getting to and getting around Suriname from real travelers and locals.
Suriname — Transportation – iExplore http://www.iexplore.com/articles/travel-guides/central-and-south-america/suriname/transportation
It is possible to rent vehicles in Suriname as most of the international companies are present including Avis, Budget and Hertz
Telecommunications in Suriname https://en.wikipedia.org/wiki/Telecommunications_in_Suriname
Telecommunications in Suriname includes radio, television, fixed and mobile telephones, and the Internet.
Telecom News – CommsUpdate Suriname https://www.telegeography.com/products/commsupdate/lists/country/suriname/
Current news on the telecom business in Suriname
Employer Obligations
Labor Market Regulation in Suriname http://www.doingbusiness.org/data/exploreeconomies/suriname/labor-market-regulation
This site provides a detailed summary of some of the labor regulations that would apply to local entrepreneurs wishing to hire workers, organize working schedules, improve job quality for workers, or make workers redundant for economic reasons in Suriname.
Suriname Employment & Labor Law News Topics http://employment.einnews.com/category/employment-labor-law/suriname
Current news on the employment and labor laws in Suriname
Labor Market Regulation in Suriname http://www.doingbusiness.org/data/exploreeconomies/suriname/labor-market-regulation
This site provides a detailed summary of some of the labor regulations that would apply to local entrepreneurs wishing to hire workers, organize working schedules, improve job quality for workers, or make workers redundant for economic reasons in Suriname.
Suriname Employment & Labor Law News Topics http://employment.einnews.com/category/employment-labor-law/suriname
Current news on the employment and labor laws in Suriname
Culture/Living
Cost of Living in Suriname http://www.numbeo.com/cost-of-living/country_result.jsp?country=Suriname
Average prices of more than 40 products and services in Suriname. Prices of restaurants, food, transportation, utilities and housing are included.
Suriname Employment & Labor Law News Topics http://employment.einnews.com/category/employment-labor-law/suriname
Current news on the employment and labor laws in Suriname
Cost of Living in Suriname. 2016 prices https://www.expatistan.com/cost-of-living/country/suriname
Cost of living comparisons in more than 1,600 cities all over the world.
Suriname – Culture, Customs & Etiquette http://guide.culturecrossing.net/basics_business_student.php?id=194
Guide to travel, doing business, and studying in Suriname – culture, greetings, gestures,etiquette, taboos, negotiations, gift-giving, and more.
Suriname: Tipping & Etiquette – TripAdvisor https://www.tripadvisor.com/Travel-g294081-s606/Suriname:Tipping.And.Etiquette.html
Your impeccable manners may not translate well in Suriname. And few things are as confusing to a traveler as decoding the tipping situation.
Weather and Climate: Suriname https://weather-and-climate.com/average-monthly-Rainfall-Temperature-Sunshine-in-Suriname
This site provides tables and charts for each of the major cities in Suriname.
Suriname – Department of Foreign Affairs and Trade https://www.dfa.ie/travel/travel-advice/a-z-list-of-countries/suriname/
If you’re travelling to Suriname, our up-to-date travel advice gives you practical tips on emergency contacts, security, climate and other essential information.
The World Factbook — Central Intelligence Agency https://www.cia.gov/library/publications/the-world-factbook/geos/ns.html
See “People and Society” on this site
Demographics of Suriname https://en.wikipedia.org/wiki/Demographics_of_Suriname
This article is about the demographic features of the population of Suriname, includingpopulation density, ethnicity, education level, health of the populace
Suriname Public Holidays 2016 http://holidayyear.com/holidays/Suriname
Suriname holidays 2016, bank holidays, national holidays, official holiday calendar, religious festivals and celebrations for the year 2016
Suriname Public Holidays 2016 and 2017 http://publicholidays.la/suriname/
Discover the complete list of Suriname’s public holidays for 2016 and 2017
Suriname travel advice – GOVUK https://www.gov.uk/foreign-travel-advice/suriname/safety-and-security
Latest travel advice for Suriname including safety and security, entry requirements, travel warnings and health
Suriname Education System http://www.classbase.com/Countries/Suriname/Education-System
Education in Suriname is guaranteed by the state, although in practice religious institutions provide it at school level to a significant extent.
Education in Suriname – Wikipedia https://en.wikipedia.org/wiki/Education_in_Suriname
Suriname has an extensive educational system with free schooling compulsory until age 12. The Government and theRoman Catholic and Moravian Churches provide education for kindergarten through secondary school.
Trade
Customs: Regulations, Export-Import https://suriname.visahq.com/customs/
Suriname Customs regulations and procedures for importing and exporting goods at border.
Suriname Customs, Currency & Airport Tax regulations details http://www.iatatravelcentre.com/SR-Suriname-customs-currency-airport-tax-regulations-details.htm
Customs rules for individuals entering Suriname
WTO | Suriname – Member information https://www.wto.org/english/thewto_e/countries_e/suriname_e.htm
This site provides key information on Suriname’s participation in the WTO. Suriname has been a WTO member since 1 January 1995 and a member of GATT since 22 March 1978.
SICE: Countries: Suriname : Trade Policy Documents http://www.sice.oas.org/ctyindex/SUR/SURAgreements_e.asp
This site provides a listing of Suriname’s bilateral trade agreements.
Housing and Rentals
Suriname Corporate Housing and Extended Stay Hotels http://suriname.biz-stay.com/home.cfm
Find short-term furnished apartments and extended stay hotels on this site
Suriname lodging – Caribbean Style http://www.surinamelodging.com/
This site provides a listing for apartments, bugalows, hotels, resorts and other lodging
Travel
Suriname Travel Guide – VirtualTourist https://www.virtualtourist.com/travel/South_America/Suriname/TravelGuide-Suriname.html
369 real travel reviews, tips, and photos from real travelers and locals in Suriname at VirtualTourist.
Surinam Travel Guide and Travel Information http://www.worldtravelguide.net/surinam
Expert Surinam travel guide including detailed information about everything you need to know about Surinam.

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