Invest in Suriname: How to invest?

Select a sector

This investor roadmap consists of 5 steps. Select an option to see the information and following options for the next step.

AgriBusiness

Select

Business Services

Select

Natural Resources

Select

Tourism

Select

Analyze the trade agreements in force

Multilateral agreements

Analyze

Bilateral agreements

Analyze

Get your business ready

Mandatory
Registering

Select

Analyze the requirements

Select your
product

Select

Required
documents

Select

Taxes, charges
and levies

Select

Standards and
technical requirements

Select

Key tools
for export

Select

Look for support

Hire a custom broker

Get support

Key public
entities

Get support

Key
associations

Get support

Financial
entities

Get support
TRADE: how to trade? Analyze the trade agreements in force

2. Analyze the trade agreements in force

The Trade agreements in force can be consulted  here.

TRADE: how to trade? get your business ready

3. Get your business ready

All commercial importers and exporters must be registered in:

  • the Chamber of Commerce and Industry of Suriname.
  • Tax office – after having registered in the Chamber of Commerce and Industry of Suriname.
  • Customs Office – when ready for export, traders need to be registered in order to get an import/export number.
trade: how to trade? Analyze the requirements

4. Analyse the requirements

Select your product

When selecting the product for export, traders must know that all items are freely exportable, except for those that appear on the list of prohibited/restricted products, included on the “Besluit Negatieve Lijst van 2003”.

The prohibited items are: antiques, chemical weapons and goods obtained illegally in Suriname.

The restricted goods, which require a license to export, are:

  • Firearms, explosives and ammunition
  • Medicinal plants
  • Narcotics and psychotropic substances, pharmaceutical products for humans, and sera
  • Endangered wild animal species listed in Appendix I of CITES and their products, including eggs
  • Eggs, skins and hides, and other products of endangered species
  • Processed and unprocessed wood, logs
  • Plants and animals with potential commercial applications as pharmaceutical, aromatic, dying and flavoring products

 

 

 

Required documents

A number of documents are required both for export and transit goods. Also, certain goods also require a license in order to be exported.

All the information can be consulted in detail in the flipbook HOW TO EXPORT.

 

 

 

Taxes, charges and levies

The charges related to exports can be summed-up as follows:

  • Consent fee: of 0,1% of the F.O.B value to all exports except those to CARICOM
  • Statistical fee: 0,5% of the F.O.B. Value, to all exports except for bauxite (2%)
  • Additional taxes:
  • – Raw and roughly-processed timber:20% for logs and 5% -10% for hewnsquares, sleepers (ties) and other semi-processed timber.
  • – Rice and rice-products: inspection fee of USD11,45 per ton

 

 

 

Standards and technical requirements

The Suriname Standards Bureau is in charge of developing and implementing standards and technical regulations for certification of goods and processes and for accreditations of laboratories and testing facilities.

In parallel, certain goods must meet a number of sanitary and phytosanitary requirements.

All this information can be consulted in detail in the flipbook HOW TO EXPORT.

 

 

 

 

Key tools for export

The country offers certain tools to facilitate the export processes, mainly:

The Suriname Electronic Single Window (SESW): a platform is actively used for the digital processing of the documentation that are essential for the export, import and transit of important goods.

The ASYCUDA world’s system for custom clearance: a tool facilitating the calculation, collection and accounting of customs duties.

All this information can be consulted in detail in the flipbook HOW TO EXPORT.

 

 

trade: how to trade? get support

5. Get support

In order to begin the export process, it is advisable to:

  • Hire a custom broker to help you throughout the process (mandatory)
  • Contact the key public entities involved in the export process and in charge of regulating the activity related to the goods you are planning to export.
  • Key associations related to trade
  • Financial entities to look for financial support

All this information can be consulted in detail in the flipbook HOW TO EXPORT.

                                                                                        Download the HOW TO EXPORT guide here.

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