Suriname introduces VAT on non-resident digital services

31 January 2023

From 1 January 2023, the South American country of Suriname has imposed VAT on the sale of electronic services to local consumers by non-resident businesses.

Prior to January 2023, non-resident businesses providing digital services in Suriname did not have to charge VAT on their sales. However, to remove the unfair advantage this gives to non-resident companies over resident providers, the local tax authorities introduced a new VAT charge of 10% on these types of transactions.

This new tax will require foreign providers of electronic services to register for VAT if they exceed an annual registration threshold of SRD 500,000 (approx. £12,500) and will apply to a range of electronic services, including streaming games, music, apps, films, e-books, e-journals, software, and internet services.

Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.

We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.

Get in touch

Let us solve your current business VAT challenges

Contact us
LATEST NEWS

Morocco introduces VAT on e-services for non-resident...

From 14 February 2024, Morocco introduced VAT at 20% on the sale of digital services by non-resident providers to local consumers.  Previously, foreign...

SEE MORE
VAT news
LATEST NEWS

Polish Ministry of Finance issues new National...

The Polish Ministry of Finance recently announced a round of nine public consultations ahead of a newly proposed July 2025 launch date of KSeF B2B e-invoicing...

SEE MORE
VAT news
LATEST NEWS

UPDATE: Belgium confirms the introduction of mandatory...

During February 2024, the Bill legislating for mandatory B2B e-invoicing in Belgium was gazetted, confirming the introduction of an e-invoicing regime from 1...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.