Employer of Record in Suriname | INS Global

Country Guide

Employer of Record in Suriname

Last updated: June 2, 2025

Capital City

Paramaribo

Languages

Dutch

Currency

Surinamese Dollar (SRD)

Population Size

Approximately 623,000

Employer Taxes

Around 14% – 16%

Employee Costs

14–16%

Payroll Frequency

Monthly

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Hire Globally, Pay Locally, Expand Effortlessly

Are you interested in expanding your business operations into Suriname? Engaging an Employer of Record in Suriname provides a cost-effective and compliant solution for entering the country’s market.

Employer of Record (EOR) service providers like INS Global handle HR-related functions, including payroll management, benefits administration, and hiring or transferring workers in Suriname. EOR service providers also manage employment contracts and ensure compliance with complex local labor or regulatory laws on your behalf.

With the right EOR support, international companies can avoid the challenges of unfamiliar legal and regulatory requirements needed to establish a subsidiary or branch office in Suriname.

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Why Choose a Employer of Record Over Company Incorporation?

Establishing a legal entity or branch office in Suriname requires significant time, money, and resource investments. Meanwhile, you can finalize a partnership with an EOR within days and hire or transfer workers immediately.

EOR services allow you to enter the Surinamese market quickly, bypassing the complexities of incorporation while maintaining legal compliance and operational control.

As a result, EOR services in Suriname are a great choice for companies when:

  • Testing or entering new markets
  • Building or scaling projects quickly
  • Focusing on core business

PEO/EOR vs Company Incorporation

The Advantage in Figures

PEO/EOR

Company Incorporation

Price

80% Less Expensive

Market Entry

2-5 Days

6 Months

Employee Turnover
Decrease by 14%
Recommendation
98% of the Current PEO Clients
Administrative Fees
Saves an Average of $450
Costly Payroll and Compliance Fines
Help Avoid
Company Growth Rate
7 – 9%
ROI
27%
Closed During Pandemic
-58%
employer of record

The Advantages of Using an Employer of Record in Suriname

icon EOR

Ensured Legal Compliance

Our in-depth knowledge of Surinamese labor laws mitigates the risks of costly fines or penalties due to noncompliance with crucial tax or labor laws.

icon EOR

Reduced Cost And Time

Establishing a legal entity or branch office in Suriname can be time-consuming and expensive. In contrast, an EOR in Suriname significantly reduces costs and saves valuable time.

icon EOR

Focus On Company Growth

Without the burden of legal or administrative tasks, you can focus on core business activities and accelerate your entry into Suriname.

icon EOR

Risk Mitigation

An EOR partner helps mitigate your risks of operating in a foreign country by assuming all employer liabilities, like employee onboarding and offboarding, payroll and tax management, and regulatory compliance.

icon EOR

Broad Coverage

An EOR partner with an extensive global presence like INS Global ensures you receive consistent, reliable, and comprehensive services in Suriname and the world over.

How Does an Employer of Record in Suriname Work?

You can take the first step on the road to expansion with an Employer of Record in Suriname in just 4 steps:

1

First, we discuss your business requirements and employment needs so we can develop a custom plan made specifically for you.

2

We then provide a legal entity for hiring in Suriname, allowing you to recruit or dispatch workers immediately.

3

Right away, we assume all responsibility for HR administration and legal compliance, ensuring adherence to Surinamese tax and labor laws related to your operations.

4

You can focus on managing day-to-day employee contributions toward your company’s growth while we handle the administrative tasks associated with employment in Suriname.

The Differences Between PEOs and Employer Of Record

When considering a partnership with a PEO in Suriname, you will likely also hear the term EOR (Employer of Record). Typically, the two terms are largely interchangeable based on the kind of services they offer. The main difference between the two is the level of liability taken on by the PEO/EOR and the parties involved in the agreement.  

  • A PEO provides all HR services to employees on behalf of other companies 
  • A PEO agreement is made between the PEO and the original company to share the responsibilities for the employee 
  • An EOR in Suriname legally hires the employee on behalf of the original company and provides all HR services 
  • An EOR agreement is made between the EOR and the employee on behalf of the original company 

In Suriname both services are indistinct according to national regulations, but INS Global can offer any elements of both according to your requirements 

INS GUIDES

Check Our Labor Law Guides

Learn how the Suriname Labor Law Guide is applied in all aspects and situations, from an employer and employee perspective.
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Labor Law in Suriname

Employment Contracts In Suriname

The Labor Act legislation governs labor contracts in Suriname. Labor contracts must be made in writing and signed by the employer and the employee.

The employment contract should clearly state the terms and conditions of employment and include the employer and employee’s full names, addresses, and identification numbers (if applicable).

Also, the contract should specify the entitlements for annual, sick, maternity/paternity, and other types of leave.

These are the common employment contract types for formalizing an employment relationship in Suriname:

  • Fixed-Term contract
  • Indefinite contract
  • Part-Time contract
  • Probationary contract
  • Seasonal contract
  • Project-Based contract
  • The maximum duration of the probationary period in Suriname is 2 months.

The duration of the notice period for employer and employee in Suriname is determined based on the length of employment as follows:

Length of Employment Employer Notice Employee Notice 
< 10 years As many weeks as the employment contract lasts for years As many weeks as the employment contract lasts for years 
> 15 years 4 months 2 months 
> 10 years  6 months 

3 months

Employers in surname are required to provide severance pay as follows:

  • 0 – 4 years: 4 weeks of severance pay
  • 5 – 9 years: 1 week of severance pay per year of service
  • 10 – 15 years: 4 months of severance pay
  • More than 15 years: 6 months of severance pay

Working Hours

  • The statutory working hours in Suriname are 8.5 hours daily or 48 hours per week.
  • Employees are entitled to a minimum uninterrupted rest period of at least 45 minutes after working for 5 hours continuously.
  • The minimum additional compensation for overtime is as described below:
  • Overtime work during the week attracts an additional 50% compensation. But work on Sundays or public holidays is charged an extra 100%.
  • The minimum hourly wage in Suriname is SRD 38.50 (Suriname dollar).

Types Of Leave

Holidays and Annual Leave

Full Time employees in Australia are eligible for 4 weeks of annual leave. Part-time employees are eligible for the same amount scaled down proportionally to the weekly hours worked. 

The notice period required and all details related to taking leave in Australia must be agreed upon by the employer and employee.  

There are 7 days of nationally recognized annual public holidays, plus others recognized individually by each state and territory.  

Sick Leave

An employer is required to pay remuneration for short-term sickness (6 weeks), including illness related to maternity and non-industrial accidents, for workers who are sick for more than 2 days and employed longer than 4 months.

Maternity/Paternity Leave in Suriname

  • Suriname recently introduced 16 weeks of paid maternity leave. This new provision grants pregnant workers in the country an extended period to recover from childbirth, bond with their newborns, and navigate the early stages of motherhood.
  • Fathers can take up to 8 days for paternity leave.

Tax Law in Suriname

  • Employers and employees in Suriname are required to contribute to the country’s Universal and Social Security program.
  • For insured persons, there is no universal rate applied, but they contribute 2.5% to social security, which will gradually increase by 0.25% each year until reaching 14% by 2065.
  • Self-employed individuals contribute 4% to the universal rate and 5% to social security. The social security rate will increase by 0.5% each year until reaching 28% by 2065.
  • Employers contribute 4% to the universal rate and 2.5% to social security, with the social security rate also gradually increasing by 0.25% annually until reaching 14% by 2065.
  • The Surinamese government applies corporate income tax on the profits generated by local companies. The corporate income tax rate follows a progressive structure ranging from 36% to 38%.
  • Individual income tax in Suriname is progressive, depending on the taxpayer’s income bracket, and ranges from 0% to 38%.

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International Recruitment

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Frequently Asked Questions

faqs

Foreign companies can set up a local entity in each country or use the services of a local EOR or PEO (Professional Employment Organization) in Suriname to hire the staff on-site directly. 

An Employer of Record (EOR) takes on a company’s legal responsibilities and obligations in Suriname. EOR providers assume responsibility for various employer-related tasks and liabilities, including payroll administration, tax withholding, benefits management, and compliance with employment laws.  

Incorporating a new subsidiary abroad can take 4-12 months. In contrast, by going through an EOR in Suriname, you can have employees working within weeks. procedures, etc.

The price of professional EOR services in Suriname is calculated as a percentage of the worker’s standard monthly compensation. This price includes all HR-related tasks required to ensure compliance with the country’s local employment laws. 

Yes. An EOR in Suriname is a safe, legitimate, and efficient way to handle employer responsibilities without establishing a corporate structure. EORs ensure your safety by working with local legal professionals and offering excellent HR assistance.  

An EOR service agreement ensures your team members will be paid accurately and on time each month. Also, employees can access all employee benefits in Suriname and be completely protected by the law. 

Yes. Our team of recruitment consultants experts can find the best local talent in Suriname for your needs. Our professional networks have been built over years, and this, combined with an in-depth knowledge of regional business practices and a commitment to ethical hiring practices, helps to identify and hire talents in Suriname.   

Yes. An Employer of Record in Suriname can access its online or offline pool of professional networks to help you find workers in various cities or regions. An EOR handles headhunting, interviews, and candidate selection in specific cities or areas in Suriname, depending on your needs or preference.  

With INS Global, you can hire as many or as few employees as you need to achieve your goals. INS Global has no minimum or maximum hiring requirement, while other providers may require you to adapt your local plans to their structures. Instead, we offer you flexibility and scalability so you can scale up or down quickly at any time, depending on your needs.  

Using a PEO service in Suriname eliminates needing a local business address. But the option for your employees to work in a shared workspace whenever convenient is a good idea.  

Yes. We can manage the necessary visa and work permit processes for foreigners in Suriname. Also, we can handle situations where the local employment laws, tax laws, or employee benefits differ for Surinamese and foreigners. 

EOR and PEO solutions help enterprises of all sizes, from SMEs to multinational corporations, employ foreign and local workers. In addition, our services allow companies to scale employment demands to meet work operations. 

You can use staffing firms, and umbrella corporations are third-party options to hire independent freelancers in Suriname directly.  

In Suriname, most independent contractors are self-employed or run small enterprises. So, these contractors must be hired following a work agreement rather than an employment contract. 

Independent contractors in Suriname can often provide a CV, portfolio, verified references, and possibly a signed NDA. 

The cost of hiring in Suriname should factor in expenses like salary, recruiting service fees, signing bonuses, and social security contribution payments.  

Employers in Suriname manage payroll for all workers, usually at the end of every month. Employers are responsible for withholding and remitting amounts corresponding to employees income tax and social security fund contributions. 

The minimum hourly wage in Suriname is SRD 38.50 (Suriname dollars). 

In Suriname, employers are responsible for organizing and withholding employees income tax payments and social security fund contributions every month. Suriname employers must contribute to the country’s Universal and Social Security programs.  

Suriname offers these visa types for employees who wish to work in the country: 

  • Work Permit: This is the primary visa for foreign employees working in Suriname. This visa requires sponsorship by a Surinamese employer. 
  • Short-Term Work Visa: This visa is ideal for employees coming to Suriname for a temporary work assignment or a project that lasts less than one year. 
  • Intra-Company Transfer Visa: This visa category is for employees transferred from a company’s foreign branch to its Surinamese counterpart.  

Employees in Suriname are entitled to a state pension, severance pay, public holidays, paid leave (sick, annual, and parental leave), and health insurance. 

Surinames law does not permit unilateral changes to an employees contract. Both parties must agree upon changes to an employees working conditions.  

In addition to public and private healthcare, Suriname operates a mandatory health insurance system called the National Health Insurance (NHI) scheme.  

All residents of Suriname are required to enroll in the NHI. The NHI contributions are deducted from employees’ salaries, with employers and employees sharing the costs. The NHI covers various medical services, including consultations, hospitalization, medications, and specialized treatments. 

The duration of the notice period for employees in Suriname is based on the length of employment. Employers in Suriname are required to provide severance pay as follows: 

  • 0 – 4 years: 4 weeks of severance pay 
  • 5 – 9 years: 1 week of severance pay per year of service 
  • 10 – 15 years: 4 months of severance pay 
  • More than 15 years: 6 months of severance pay 

The Ministry of Labor, Technological Development, and Environment (Ministerie van Arbeid, Technologische Ontwikkeling en Milieu) is responsible for formulating and implementing labor policies, ensuring compliance with labor laws, and protecting the rights and welfare of workers in Suriname. 

Employees in Suriname are eligible for paid leave on the countrys 15 nationally recognized public holidays. 

Smiling woman representing the simplicity and efficiency of a Global Employer of Record for international hiring

A Global Employer of Record is an effective solutions for companies like yours that are looking to expand a workforce abroad effortlessly.

This approach allows you to outsource the international hiring process quickly and efficiency, providing access to a global talent pool while still managing payroll compliance in each  country.

Public Holidays Calendar

Suriname

Date Day Holiday Notes
1 January Wednesday New Year’s Day Start of the Gregorian calendar year
29 January Wednesday Chinese New Year Celebrated by the Chinese community
14 March Friday Holi Phagwa Hindu spring festival of colors
30 March Sunday Eid al-Fitr Islamic festival marking the end of Ramadan
18 April Friday Good Friday Christian observance of the crucifixion of Jesus
20 April Sunday Easter Sunday Christian celebration of the resurrection of Jesus
21 April Monday Easter Monday Day after Easter Sunday
1 May Thursday Labour Day International Workers’ Day
6 June Friday Eid al-Adha Islamic festival of sacrifice
1 July Tuesday Emancipation Day (Keti Koti) Commemorates the abolition of slavery in 1863
9 August Saturday Indigenous Peoples Day Honors the indigenous peoples of Suriname
10 October Friday Day of the Maroons Celebrates the Maroon communities’ heritage
21 October Tuesday Diwali Hindu festival of lights
25 November Tuesday Independence Day Marks Suriname’s independence from the Netherlands in 1975
25 December Thursday Christmas Day Christian celebration of the birth of Jesus
26 December Friday Boxing Day Day after Christmas Day

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