For starters, the law in Suriname is civil law (dutch) law. You will want to get some local advice as to how to best structure a company in Suriname. Electronic signatures are permitted.
The abbreviation SR is for Suriname and the most common company type type in Suriname is a LLC.
It typically takes about 84 days to setup a LLC in SR. The types of cash you can use to capitalize your business is often SRD and any legal currency.
Yes, one is allowed to re-domicile a LLC from SR. You are usually allowed to change the jurisdiction of the company, pending certain procedures.
There must be at least 1 shareholder. This makes it possible for you to own a LLC in SR by yourself. Corporate Shareholders are permitted, which means you can have a legal entity as a shareholder. Foreign ownership is allowed, up to % of the total shareholding.
A legal entity is only required to have one director. Consequently, corporate directors are permitted. Directors data is typically not exposed publicly. There is a body of law which requires companies to hold an annual meetings of shareholders.
However, a corporate secretary is also mandated by the government.
There is an obligation to file yearly tax returns. Consequently, there is oftentimes a requirement to have these accounts audited.
Thin capitalization rules are in effect. A company is thinly capitalised when there is a greater proportion of debt than equity. The minimum capitalization for a Suriname Civil Law (Dutch) is 100.
A corporate director is permitted, meaning this country is a good option if you are setting up a structure where you want to protect director liability.
The directors are not disclosed in the public registry of Suriname, Chamber of Commerce and Industry. Shareholders are not disclosed in the Chamber of Commerce and Industry.
Typically companies take 84 days to setup and there are 1 director(s) required and 1 shareholder(s) required at the time of incorporation.
Overall we think Suriname is a ok option and have given it a score of 47 as an IO score, using the Incorporations.IO proprietary formula.
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