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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. The company register is being published at the website of Suriname Directory. 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. History 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. Since the Trade Register Regulation of 1936, the KKF has been maintaining the mandatory registration of all businesses i ...
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Nonprofit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworth ...
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Cooperative
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity.
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Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * businesses owned and managed by the people who consume th ...
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Chambers Of Commerce
A chamber of commerce, or board of trade, is a form of business network. For example, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate on behalf of the business community. Local businesses are members, and they elect a board of directors or executive council to set policy for the chamber. The board or council then hires a President, CEO, or Executive Director, plus staffing appropriate to size, to run the organization. A chamber of commerce may be a voluntary or a mandatory association of business firms belonging to different trades and industries. They serve as spokespeople and representatives of a business community. They differ from country to country. History The first chamber of commerce was founded in 1599 in Marseille, France, as the "Chambre de Commerce". Another official chamber of commerce followed 65 years later, probably in Bruges, then part of the ...
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Suriname-Netherlands Chamber Of Commerce
The Suriname-Netherlands Chamber of Commerce, native name Suriname-Nederland Kamer van Koophandel, is a chamber of commerce with the goal to improve the entrepreneurial infrastructure en promote commerce between Suriname and the Netherlands.STVSSuriname-Nederland Kamer van Koophandel opgericht 11 May 2018 De Ware Tijd 12 April 2018 The Chamber has been established in the building of the embassy of Suriname in The Hague. At the Chamber it is possible to found a Surinamese company in the Netherlands. In the run-up to the establishment, fifteen individuals in the Netherlands were preparing for a business venture in Suriname. The organization was founded on 9 Mai 2018 in the embassy in The Hague. The initiative as taken by the embassy in cooperation with the Surinaams-Nederlandse Diaspora Associatie (SuNeDa), which maintains close contacts with the Surinamese Chamber of Commerce and Factories and ministry of Trade, Industry and Tourism. Signatories were the director of the ministry, ...
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Suriname-India Chamber Of Commerce And Industry
The Suriname India Chamber of Commerce and Industry (SICCI) is an international, semi-governmental chamber of commerce that is aiming at strengthening the economic ties between Suriname and India,De Ware Tijd‘Bedrijfsleven gaat mee met hechtere relaties Suriname-India’ Ivan Cairo, 6 November 2018 and for the long term between the Caribbean region and India. It was founded on 4 May 2018 at the Indian cultural establishment of Lalla Rookh in Paramaribo, with the attendance of the Surinamese Vice-president Ashwin Adhin and Minister of Trade and Industry Stephen Tsang, and the Indian ambassador Satendar Kumar.Dagblad SurinameSicci gelanceerd om zakelijke relaties met India te verscherpen 8 Mei 2018 The memoranum of understanding was signed on 9 March 2018 on the Surinamese embassy in New Delhi in India by delegates of SICCI and the Indian Confederation of Indian Industry (CII), with the attendance of the Surinamese ambassador Aashna Kanhai.De Ware TijdHandelskamers Suriname en Ind ...
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Suriname-Guyana Chamber Of Commerce
The Suriname-Guyana Chamber of Commerce (SGCC) is an international chamber of commerce that is aiming at strengthening the economic ties between Suriname and Guyana.Suriname HeraldSuriname en Guyana slaan handen ineen voor oprichting Kamer van Koophandel 31 August 2023 The SGCC was lanced on 24 February 2024. On 30 August 2023 the SGCC held its first, virtual stakeholders meeting with representatives from Surinamese and Guyanese companies. The meeting was organized by Henna Soerdjoesing, the director of the Surinamese ministry Foreign Affairs, International Business and International Cooperation (BIBIS). Some of the other attendees were Surinamese minister of Foreign Affairs, Albert Ramdin, and Guyanese ambassador Virjanand Depoo. On 3 January 2024 Rahul Lildhar was presented as chief executive officer (CEO). Next to bi-national trade relations, the SGCC promotes trade relations of both countries at foreign venues, like in May 2024 in Houston, Texas, at the Offshore Technology C ...
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Ghana-Suriname Chamber Of Commerce
The Ghana-Suriname Chamber of Commerce, Surinamese (Dutch language) name Ghana-Suriname Kamer van Koophandel, is a chamber of commerce with the goal to improve the trade relation between Suriname and Ghana. The Chamber is an initiative from 2018 of Susan Alfred-Walcott,Global Diaspora NewsThe Global Year Of Return Kumasi Carnival 2019 in Ghana to Mark 400 Years of the First Enslaved African Arriving in the Americas 27 September 2019 a Trinidadian who emigrated to Ghana in the 20th century. The idea arose in the run-up to the '' Year of Return'' that President Nana Akufo-Addo launched in the context of the 400 years of the Ghanaian diaspora. Prior to the initiative, the Ghanaian authorities had asked her to promote Suriname and the Caribbean part of the Kingdom of the Netherlands during the anniversary year. Enhancing the trade relationship with Ghana was part of this. In the preparations, consultations were made with economist Armand Zunder and former minister Siegmien Staphorst, ...
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Economy Of Suriname
The economy of Suriname was largely dependent upon the exports of aluminium oxide and small amounts of aluminium produced from bauxite mined in the country. However, after the departure of Alcoa, the economy depended on the exports of crude oil and gold. Suriname was ranked the 124th safest investment destination in the world in the March 2011 Euromoney Country Risk rankings. Agriculture In 2018, Suriname produced 273 thousand tons of rice, 125 thousand tons of sugar cane, in addition to smaller productions of other agricultural products, such as banana (48 thousand tons), orange (19 thousand tons) and coconut (14 thousand tons). Foreign aid After the return to a more or less democratically elected government in 1991, Dutch aid resumed. The Dutch relationship continues to be an important factor in the economy, with the Dutch insisting that Suriname undertake economic reforms and produce specific plans acceptable to the Dutch for projects on which aid funds could be spent ...
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Financial Statement
Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand. They typically include four basic financial statements accompanied by a management discussion and analysis: # A balance sheet or statement of financial position, reports on a company's assets, liabilities, and owners equity at a given point in time. # An income statement—or profit and loss report (P&L report), or statement of comprehensive income, or statement of revenue & expense—reports on a company's income, expenses, and profits over a stated period. A profit and loss statement provides information on the operation of the enterprise. These include sales and the various expenses incurred during the stated period. # A statement of changes in equity or statement of equity, or statement of retained earnings, reports on ...
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Voluntary Association
A voluntary group or union (also sometimes called a voluntary organization, common-interest association, association, or society) is a group of individuals who enter into an agreement, usually as volunteering, volunteers, to form a body (or organization) to accomplish a purpose. Common examples include trade associations, trade unions, learned society, learned societies, professional associations, and environmental movement, environmental groups. All such associations reflect freedom of association in ultimate terms (members may choose whether to join or leave), although membership is not necessarily voluntary in the sense that one's employment may effectively require it via occupational closure. For example, in order for particular associations to function effectively, they might need to be mandatory or at least strongly encouraged, as is true of trade unions. Because of this, some people prefer the term common-interest association to describe groups which form out of a common i ...
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Foundation (nonprofit)
A foundation (also a charitable foundation) is a category of nonprofit organization or charitable trust that typically provides funding and support for other charitable organizations through grants, but may also engage directly in charitable activities. Foundations include public charitable foundations, such as community foundations, and private foundations, which are typically financial endowment, endowed by an individual or family. However, the term "foundation" may also be used by such organizations that are not involved in public grantmaking. Description Legal entities existing under the status of "foundations" have a wide diversity of structures and purposes. Nevertheless, there are some common structural elements. * Legal requirements followed for establishment * Purpose of the foundation * Economic activity * Supervision and management provisions * Accountability and auditing provisions * Provisions for the amendment of the statutes or articles of incorporation * Provisio ...
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Mutual Insurance
A mutual insurance company is an insurance company owned entirely by its policyholders. Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders in the form of dividend distributions or reduced future premiums. In contrast, a stock insurance company is owned by investors who have purchased company stock; any profits generated by a stock insurance company are distributed to the investors without necessarily benefiting the policyholders. History The concept of mutual insurance originated in England in the late 17th century to cover losses due to fire. The mutual/casualty insurance industry began in the United States in 1752 when Benjamin Franklin established the Philadelphia Contributionship for the Insurance of Houses From Loss by Fire. Mutual property/casualty insurance companies exist now in nearly every country around the globe. The global trade association for the industry, the International Cooperative and Mutual Ins ...
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