Surinames Mining Fiscal Regime: H2 2015

Surinames Mining Fiscal Regime: H2 2015


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Executive Summary

Suriname's Mining Fiscal Regime: H2 2015

Summary

Mineral production in Suriname is focused mainly on alumina, bauxite, gold and petroleum. GlobalData's report covers mining industry of Suriname, which is governed by the Ministerie van Natuurlijke Hulpbronnen (Ministry of Natural Resources) and the Nationaal Instituut Voor Milieu & Ontwikkeling in Suriname (National Institute for Environment and Development in Suriname). The Mining Decree (SB 1986 no.28) is the current mining legislation in Suriname, covering everything relating to exploration and exploitation activities in the country.

Scope

The report outlines the governing bodies, governing laws, mining rights and key fiscal terms which includes corporate tax, capital gains tax, depreciation, withholding tax, loss carry forward tax incentives and turnover tax

Reasons to buy

To gain an overview of Suriname's mining fiscal regime



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1 Table of Contents

1 Executive Summary

2 The Suriname Mining Industry-Governing Bodies

2.1 Ministerie van Natuurlijke Hulpbronnen (Ministry of Natural Resources)

2.2 Nationaal Instituut Voor Milieu & Ontwikkeling in Suriname (National Institute for Environment and Development in Suriname-Nimos)

3 The Suriname Mining Industry-Governing Law and Mining Rights

3.1 Mining Decree (SB 1986 no.28)

3.2 Mining Rights

3.2.1 Reconnaissance rights

3.2.2 Reconnaissance obligations

3.2.3 Exploration rights

3.2.4 Exploration obligations

3.2.5 Exploitation rights

3.2.6 Exploitation obligations

4 The Suriname Mining Industry-Key Fiscal Terms

4.1 Corporate Income Tax

4.2 Capital Gains Tax

4.3 Depreciation

4.4 Loss Carry Forward

4.5 Withholding Tax

4.5.1 Dividend

4.6 Tax Incentives

4.7 Turnover Tax

5 Appendix

5.1 Abbreviations

5.2 Secondary Research

5.3 Primary Research

5.4 Contact GlobalData

5.5 About GlobalData

5.6 GlobalData's Services

5.7 Disclaimer

1.2 List of Figures

Figure 1: The Mining Industry in Suriname-Number of Operating Mines, 2015

1.1 List of Tables

Table 1: The Mining Industry in Suriname-Fiscal Regime Terms and Other Taxes, 2015

Table 2: The Mining Industry in Suriname-Depreciation Rates (%) 2015

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Suriname, fiscal regime, governing bodies, governing laws, mining rights and key fiscal terms which includes corporate tax, capital gains tax, depreciation, withholding tax, loss carry forward tax, incentives and turnover tax

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