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Labor Laws in Suriname

  • Annual Leave: 12 days
  • Public Holidays: 15
  • Maternity Leave: 12 weeks.
  • Workweek: 48 hours per week.

Income Tax in Suriname

Value Added Tax (VAT) in Suriname

The standard VAT rate is set at 10%.

Social Security in Suriname

Employer Contributions

  • Old-Age Insurance (AOV): Employers contribute 10.5% of the employee's gross salary.
  • Health Insurance (BZV): Employers contribute 4.65% of the employee's gross salary.

Employee Contributions

  • Old-Age Insurance (AOV): Employees contribute 2.5% of their monthly covered earnings if they are under 60 years old. This percentage increases by 0.25% each year until it reaches 14% by 2065. Employees aged 60 or older do not make contributions.
  • Health Insurance (BZV): Employees contribute 4.35% of their gross salary.

Work Visas in Suriname

Here are the main work visas available in Suriname:

General Work Visa

  • This visa is for foreign citizens who wish to work in various sectors. It requires a work permit application.

Temporary Residence Permit (MVK)

  • Allows foreign nationals to stay and work in Suriname for a specified period; requires various documentation.

Business Visa

  • For individuals visiting Suriname for business purposes, such as meetings or seminars.

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