Paraguay vs Suriname
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π΅πΎ Paraguay β Municipal & Departmental Taxes
Paraguay's 17 departments and 254 municipalities levy the Impuesto Inmobiliario (property tax at 1% of assessed value), commercial licence fees (patente comercial), and vehicle registration fees. AsunciΓ³n has the highest commercial licence fees. The SubsecretarΓa de Estado de TributaciΓ³n (SET) administers national taxes. Paraguay has one of Latin America's lowest tax burdens (~12% of GDP) and has used flat low rates to attract foreign residents (MADES visa) and financial activity. No wealth tax exists.
πΈπ· Suriname β 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 2020β21 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.
Paraguay vs Suriname: Key Tax Differences (2026)
π° Income Tax: πΈπ· Suriname has a higher top income tax rate (8β10% vs 0β38%). π΅πΎ Paraguay is more favourable for high earners.
π VAT/Sales Tax: Both countries have comparable consumption tax rates (10% vs 10%).
π’ Corporate Tax: π΅πΎ Paraguay offers a lower corporate rate (10% vs 36%), which can influence business location decisions.
π Capital Gains: π΅πΎ Paraguay taxes investment gains at a lower rate (10% vs 36%), benefiting investors.