Azerbaijan vs Suriname
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฆ๐ฟ Azerbaijan โ Municipal & Local Taxes
Azerbaijan's 67 districts and Baku have limited independent tax powers. The Ministry of Taxes administers all national taxes centrally. Municipalities collect land and property taxes within national frameworks. Oil and gas companies operate under Production Sharing Agreements (PSAs) with the state oil company SOCAR, which have special tax provisions. ASAN (service centres) have modernized tax filing considerably. The Strategic Road Map (2016) targets economic diversification away from oil revenue dependency.
๐ธ๐ท Suriname โ District Administrations
Suriname's 10 districts have limited local taxing authority within national frameworks. The Surinaamse Belastingdienst administers national taxes. Suriname went through a severe debt crisis in 2020โ21 and defaulted on its sovereign debt; an IMF program is stabilizing the economy. Oil (Staatsolie) and gold mining are dominant revenue sources. A major TotalEnergies offshore oil discovery (Block 58) is advancing toward production. Suriname uses the Surinamese dollar (SRD); significant devaluation has affected the real tax burden.
Azerbaijan vs Suriname: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ธ๐ท Suriname has a higher top income tax rate (14โ25% vs 0โ38%). ๐ฆ๐ฟ Azerbaijan is more favourable for high earners.
๐ VAT/Sales Tax: Azerbaijan has a higher consumption tax (18% vs 10%).
๐ข Corporate Tax: ๐ฆ๐ฟ Azerbaijan offers a lower corporate rate (20% vs 36%), which can influence business location decisions.
๐ Capital Gains: ๐ฆ๐ฟ Azerbaijan taxes investment gains at a lower rate (20% vs 36%), benefiting investors.