Suriname Upstream Fiscal and Regulatory Report Suriname Upstream Fiscal and Regulatory Report | Page 3

4.2.1 Limit on Recovery 6
4.2.2 Recoverable Costs 6
4.3 Profit-Sharing 6
4.4 Direct Taxation 7
4.4.1 Corporate Income Tax 7
4.4.2 Deductions and Depreciation 7
4.4.3 Withholding Tax 7
4.5 Indirect Taxation 7
4.5.1 VAT 7
4.5.2 Import Duties 7
4.6 State Participating Interest 7
Download sample Copy of This Report at:
http://www.radiantinsights.com/research/suriname-upstream-fiscal-and-regulatory-
report/request-sample
5 Regulation and Licensing 8
5.1 Legal Framework 8
5.1.1 Governing Law 8
5.1.2 Contract Type 8
5.1.3 Title to Hydrocarbons 8
5.2 Institutional Framework 9
5.2.1 Licensing Authority 9
5.2.2 Regulatory Agency 9
5.2.3 National Oil Company 9
5.3 Licensing Process 9
5.3.1 Open Door Policy 9
5.3.2 Licensing Rounds 10
Follow Us: