World Watch/Suriname/Starting a Business

Starting a Business · Suriname

Starting a business in Suriname: foreigner's guide (2026)

ModerateCompany registration is governed by Suriname's Commercial Code and the Wetboek van Koophandel, administered by the Chamber of Commerce and Industry (Kamer van Koophandel en Fabrieken, KKF). Foreign investment is generally treated equally to domestic investment, with no overarching foreign-investment screening law in force.Country index 45 · D

Suriname shaded by its starting a business status

Suriname permits 100% foreign ownership in nearly all sectors and imposes no nationality or residency requirement on company founders, so a foreigner can fully own a Surinamese company. However, formation is paper-based (no online incorporation portal), requires a notary, presidential 'declaration of no objection' for an NV, Ministry of Justice approval, and—for non-residents—Foreign Exchange Commission sign-off, typically taking several weeks. The openness to foreign capital combined with multi-step bureaucratic approvals makes the overall position moderate rather than easy.

Key points

Foreign ownership allowed

There are no general limits on foreign ownership or control, and foreign and domestic entities can establish and own businesses with as little as one shareholder; there is no nationality or residency requirement for founders.

Sector restriction (hydrocarbons)

The main exception is the hydrocarbon sector, where the law reserves petroleum-related activities to the state-owned oil company Staatsolie; foreigners participate only via contracts with Staatsolie, not direct ownership.

Registration steps

Reserve/verify the company name at the KKF, have a local notary ratify the articles of association/bylaws (in Dutch), obtain a tax number from the tax department, and submit for approval; an NV gains legal personality only after a presidential 'declaration of no objection' and a notarial deed, and applications also go to the Ministry of Justice and Police.

Non-resident foreign-exchange approval

For non-residents, the notary must also submit a request to the Foreign Exchange Commission (Deviezencommissie), the body regulating foreign-exchange transactions, for approval as part of registration.

Minimum capital

A public/limited liability company (Naamloze Vennootschap, NV) — the common vehicle for larger and foreign-backed enterprises — carries a minimum share capital requirement of SRD 100,000.

No online incorporation; recent reform

There is no online business-registration website, so incorporation is handled in person via the KKF and a notary; in November 2024 Suriname launched a Digital Business License Platform to streamline activity-specific licensing, though core company formation remains manual.

Suriname - other topics

Last verified 5/24/2026 · Orientation, not legal advice - verify against the primary sources linked above. Explore the full world map →