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Published: Sep, 2014 | Pages:
12 | Publisher: Timetric
Industry: Mining | Report Format: Electronic (PDF)
Synopsis
Timetric's Suriname fiscal regime report covers the governing bodies, law, licenses, mining rights and tax-related information on two commodities: bauxite and gold.
Summary
The mining industry is governed by the Ministerie van Natuurlijke Hulpbronnen (Ministry of Natural Resources) and National Institute 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 all concerns relating to exploration and exploitation activities in the country.
Scope
The report outlines Suriname's governing bodies, governing law, mining rights and key fiscal terms which includes Corporate Income Tax, Capital Gain Tax, Depreciation, Loss Carry Forward, Withholding Tax, Tax incentives and Value Added Tax, VAT.
Reason To Buy
Gain an overview of Suriname's mining fiscal regime.
Key Highlights
The Ministry of Natural Resources is the main governing body responsible for the sustainable development of natural resources in the country.
The National Institute for Environment and Development in Suriname is responsible to ensure sustainable development by creating legal and institutional framework for environmental policy.
Mining Decree (SB 1986 no.28) is the current mining legislation in Suriname, and covers all concerns regarding exploration and exploitation activities in Suriname.
1 Executive Summary 2 The Surime Mining Industry - Governing Bodies 2.1 Ministerie van tuurlijke Hulpbronnen (Ministry of tural Resources) 2.2 tiol Institute Voor Milieu & Ontwikkeling in Surime (tiol Institute for Environment and Development in Surime - Nimos) 3 The Surime Mining Industry - Governing Law and Mining Rights 3.1 Mining Decree (SB 1986 no.28) 3.2 Mining Rights 3.2.1 Reconissance rights 3.2.2 Reconissance obligations 3.2.3 Exploration rights 3.2.4 Exploration obligations 3.2.5 Exploitation rights 3.2.6 Exploitation obligations 4 The Surime Mining Industry - Key Fiscal Terms 4.1 Corporate Income Tax 4.2 Capital Gain Tax 4.3 Depreciation 4.4 Loss Carry Forward 4.5 Withholding Tax 4.5.1 Dividend 4.6 Tax Incentives 4.7 Value Added Tax 5 Appendix 5.1 What is this Report About? 5.2 Methodology 5.3 Secondary Research 5.4 Primary Research 5.5 Contact Timetric 5.6 About Timetric 5.7 Timetric's Services 5.8 Disclaimer
List of Tables
Table 1: The Mining Industry in Surime - Fiscal Regime Terms and Other Taxes, 2014
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