Reasons to Invest in Paraguay

  • Paraguay has good economic policies that would make it easier for foreigners to start their business in the country.
  • Paraguay grants equal rights to local and foreign investment.
  • Paraguay grants a full exemption from taxes imposed on the repayment of loans exceeding five million USD.
  • Paraguay grants full tax exemption on dividends to investments exceeding five million USD for a period of ten years.
  • Hydropower in Paraguay represents a large proportion of the total electricity production.

Also read: A Simplified Definition of Commercial Law

Procedures for Setting Up a Company in Paraguay

  • Verifying the usability of the proposed name for the company.
  • Signing the company documents by a lawyer or an agent.
  • Attestation of the company contract.
  • Obtaining a judicial warrant for company records.
  • Registering the company with the Single Window system.
  • Publishing extracts of the company’s regulations in the official gazette.
  • Obtaining a commercial license from the municipality.

Also read: The Importance of Having a Commercial Lawyer Before Starting Your Investment

Types of companies in Paraguay

  • Enterprise.
  • Public partnership.
  • Limited liability partnership.
  • Simple Limited partnership.
  • Branch of a foreign company.
  • Representative office.

Also read: The Most Important Branches of Commercial Law