Custom Duties

Custom duties
The following duties are due upon import:
– import duty 0% to 40% on the CIF value
– statistical duty 0.5% on the CIF value
– right of consent 1.5% on the CIF value
– Value Added Tax (VAT) 10% (or 5% on motor gasoline and other similar motor fuels and diesel oil or 25% on specific goods) on the CIF value, including the total of the aforementioned duties

With the accession of Suriname to CARICOM in 1995, the import duty regime was adapted to the CARICOM regulations. Goods produced in the CARICOM are exempt from import duties.

Strategic goods
For the import of strategic goods until September 23, 2023 the Minister of Finance en Planning has decided:
– to suspend the levying of import duties
– to suspend the levy of sales tax
– partial exemption from statistical duty up to an amount of SRD 5,-

Strategic goods:

Procedure to qualify for the suspension
Permission is required from the Ministry of Economic Affairs, Entrepreneurship and Technological Innovation (Ministry of Economic Affairs). Via the website of Suriname Electronic Single Window (SESW), being www.sesw.sr, an application must be made by the customs broker of the interested party.

After approval from the various departments of (Min EZ), the customs broker can print an H-03 form from the SESW system with which the import of the strategic goods can take place.

ICT-goods
For the import of ICT-goods goods until December 31, 2025 the Minister of Finance en Planning has decided:
– to suspend the levying of import duties
– partial exemption from statistical duty up to an amount of SRD 100,-

ICT-goods: