Georgia 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.
๐ฌ๐ช Georgia โ Municipal Taxes
Georgia's 64 municipalities (including Tbilisi) have limited independent taxing powers โ income tax is nationally set. Municipalities levy property tax (gแแแแกแแฎแแแ qonebaze) at 0%โ1% of market value for individuals and 1% for legal entities. Vehicle annual fees and land tax are also locally determined. Georgia has a simple and low-tax system โ it introduced a flat 20% income tax in 2004 and has since maintained competitive rates. The Virtual Zone and Free Industrial Zone regimes offer significant corporate tax exemptions.
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.
Georgia vs Suriname: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ธ๐ท Suriname has a higher top income tax rate (20% vs 0โ38%). ๐ฌ๐ช Georgia is more favourable for high earners.
๐ VAT/Sales Tax: Georgia has a higher consumption tax (18% vs 10%).
๐ข Corporate Tax: ๐ฌ๐ช Georgia offers a lower corporate rate (15% vs 36%), which can influence business location decisions.
๐ Capital Gains: ๐ฌ๐ช Georgia taxes investment gains at a lower rate (15% vs 36%), benefiting investors.