Who must charge BTW?
A business must register for BTW when its turnover in a calendar year is more than SRD 1,000,000. You register in the Belastingdienst portal. To check whether a supplier is registered, use the official register.
The rates
| 10% | The general rate for goods and services. |
| 5% | Among others water, electricity, cooking gas and domestic goods transport (annex 4 of the BTW law). |
| 25% | Certain luxury goods, among others heavy or expensive motor vehicles, speedboats, weapons and ammunition, and fireworks (annex 3 and its specification). |
| 0% | Exports and the goods and services in annex 1. |
| Exempt | For example medical care, financial services and domestic passenger transport (annex 2). No BTW is charged and no BTW can be reclaimed. |
Official texts: BTW law 2022 · specification annex 2 · specification annex 3
What must be on an invoice?
Under article 28 of the BTW law an invoice contains:
- the date and a sequential number;
- the tax numbers (FIN) of the supplier and of the customer;
- the names and addresses of both;
- the quantity and description of the goods or services, and the delivery date;
- the price excluding BTW per rate, the rate and the BTW amount;
- a note when an exemption applies.
Send the invoice within 15 days after the end of the month in which you delivered.
Return and payment
You file a BTW return every month and pay before the 16th of the next month. On the return you deduct the BTW you paid on your purchases (input tax) from the BTW you charged.
Fines for filing late
For returns from 2026-01-01 the fine for filing late depends on how late the return is:
| 1 month | SRD 2,500 |
| 2 months | SRD 5,000 |
| 3 months | SRD 7,500 |
| 4 months or more | SRD 10,000 |
For paying late the fine is 50% of the amount paid late, with a maximum of SRD 10,000.
BTW on imports
On imported goods BTW is charged on the customs value plus import duty, excise and the other levies due on import.
Keep your records
Keep your administration for 10 years.
More explanation: the Belastingdienst BTW brochure. The independent website btw.sr also explains the law.
Sources
- Wet BTW 2022 art. 4, 13, 21, 28, 30; Brochure BTW-wetgeving 2025 ↗ · checked 2026-09-27
- S.B. 2025 no. 140 (Beschikking boetebeleid verzuimboeten, 13 nov 2025) ↗ · checked 2026-09-27
These tools follow the official rules as published. They are a guide, not tax or legal advice. Rules are checked daily against the official sources; when a rule changes we update it after verifying the official text.