Chamber of Commerce and Factories

The Chamber of Commerce and Factories, native name Kamer van Koophandel en Fabrieken (KKF), is a Surinamese institution that offers advice to companies before, during and afther the start, and registers them in the company register.[1] The company register is being published at the website of Suriname Directory.

Chamber of Commerce and Factories
Kamer van Koophandel en Fabrieken
AbbreviationKKF
FormationMay 1, 1910; 113 years ago (1910-05-01)
Purposeserving companies with advice and registering companies on the company register
Location
Coordinates5°49′51″N 55°11′03″W / 5.830833°N 55.184167°W / 5.830833; -55.184167
Membership
nearly 30,000[1]
Websitewww.surinamechamber.com

Until 2008 the offices were established at the Mr. Dr. J.C. de Mirandastraat #10, and are since then at the Prof. W.J.A. Kernkampweg #37, where also the KKF Hall is situated.[2]

History edit

The KKF was founded on 1 May 1910 in the building of the commercial De Surinaamsche Bank (DSB) in Paramaribo. On that moment the KKF did not yet have judicial importance, however had the character of an interest association. From 1910 to 1938 the number of members grew from nine to eleven. In 2019 the number of members is nearly 30,000 that provide more than 150,000 jobs.[1]

Since the Trade Register Regulation of 1936, the KKF has been maintaining the mandatory registration of all businesses in Suriname. Since 2002, it has been publishing an information sheet providing guidance on the business environment and promoting entrepreneurship.[1][3]

Business fairs edit

The KKF organizes an annual fair from late November to early December, attracting around 100,000 visitors from the Caribbean region. Additionally, it is the organizer of the annual fair Agro - ICT - Made n Suriname.[4] Furthermore, it organizes the United Business Fair with the media company United.[5][6] The fairs are usually held in the nearby Hall of Business (Hal van het Bedrijfsleven), also known as the KKF Hall.

Legal forms edit

The usual legal forms for companies in Suriname are the sole proprietorship (eenmanszaak) and the naamloze vennootschap (NV). Other forms are the general partnership (vennootschap onder firma; VOF), the commanditaire vennootschap (CV), the mutual insurance (onderlinge waarborgmaatschappij; OWM), the cooperative (co-op), public legal entities, formally foreign companies, foundations and associations. Since the introduction of the Annual Accounts Act on August 31, 2017, legal entities are obliged to publish a financial statement for each fiscal year.[7]

See also edit

References edit

  1. ^ a b c d United News, KKF viert 109-jarig bestaan, 18 juli 2019 (in Dutch)
  2. ^ Nederland-Suriname, Hoe registreer je een bedrijf in Suriname?, 27 August 2009 (in Dutch)
  3. ^ Rijksdienst voor Ondernemend Nederland, Investeren in Suriname (in Dutch)
  4. ^ De Overheid van Suriname, Kamer van Koophandel en Fabrieken (KKF) (in Dutch)
  5. ^ StarNieuws, United Business beurs stimuleert ondernemerschap, 22 March 2013 (in Dutch)
  6. ^ Amanda Palis, United Business-beurs ziet Suriname als regiohub, De Ware Tijd, 4 july 2018 (in Dutch)
  7. ^ De West, De Wet op de Jaarrekening: wat betekent hij voor ondernemers?, 9 September 2017 (in Dutch)