Paraguay- Business News and Updates


Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Q&A with experts, and more.

How to Obtain a Paraguay Business Visa

How to Obtain a Paraguay Business Visa

A Paraguay business visa gives you access to one of the economies in Latin America with the highest monetary and fiscal stability, lower tax rate, and free trade agreements like Mercosur. Likewise, Paraguay has undergone important changes in regard to fiscal and debt regulations that have favored its economy. Paraguay offers low labor costs and a young workforce. Furthermore, If you remain in the country for more than 120 days per calendar year in the previous 12 months, you can apply for the...

Manage Your Business Risks with Due Diligence in Paraguay

Manage Your Business Risks with Due Diligence in Paraguay

Understand how to manage your business risks with due diligence in Paraguay. Managing your business risks with due diligence in Paraguay is vital to reduce risks, as it analyzes the operations of a company and verifies compliance with local legislation and authorities. Due diligence in Paraguay as in other Latin American countries, offers certainty about operational aspects of the company you’re managing, buying, or merging with. Undertaking due diligence activities will guarantee the good...

July 2020 Regulatory Update: South and Central America

July 2020 Regulatory Update: South and Central America

Our professionals report notable regulatory updates for July 2020. Biz Latin Hub’s team of legal and accounting specialists operating across all key markets in Latin America report the following notable regulatory updates for July 2020 in Bolivia, Brazil, Chile, Costa Rica, Guatemala, Mexico, Panama, Paraguay, and Uruguay. We support foreign companies in Latin America comply with all corporate regulatory compliance obligations to ensure their success in new markets. For more information on how...

Why Outsource Corporate Secretarial Services in Paraguay?

Why Outsource Corporate Secretarial Services in Paraguay?

Corporate secretarial services in Paraguay help clients to manage and alleviate risks of their business’ compliance. Paraguay is one of the most attractive countries for doing business in South America. The World Bank states that the country has a fast-growing economy with a continuous growth percentage of 4.5% over the last years. In the last two decades, Paraguay has experienced important changes in its economy, overcoming financial challenges in the 1990s and the beginning of the new...

Explaining Developments in Digital Tax in Latin America

Explaining Developments in Digital Tax in Latin America

Economies in Latin America are changing rapidly. One important regulatory development for many countries in the region is digital tax, because it captures services delivered online or electronically. The OECD claims that Latin American economies are making real progress to address the tax challenges arising from the digitization of the economy. This international entity also expects that further digital tax developments in Latin America provides stability and certainty in the international tax...

How to Liquidate a Company in Paraguay

How to Liquidate a Company in Paraguay

Find out how to liquidate your company in Paraguay and exit the market in uncertain and difficult times. A liquidation is often a valid option for businesses whose owners do not want to continue accumulating expenses. Lately, Paraguay has been working on recovering its economic growth and cutting superficial government spending to improve its quality and move toward more efficient administration. Though there are many options and favourable conditions to do business in Paraguay, projects may...

Establish a Local Sales Presence Through a PEO in Paraguay

Establish a Local Sales Presence Through a PEO in Paraguay

Currently, Paraguay is regarded as one of the most attractive destinations within South America to establish a local sales presence. Developing a local sales presence is easier for companies using the help of a Professional Employer Organization (PEO) in Paraguay. Paraguay's economy is showing signs of growth since the last decade and its domestic market is increasingly diversifying. Despite this, many foreign companies expanding into the country face the challenge of hiring employees and...

Latest Developments in MERCOSUR Trade Deals and Negotiations

Latest Developments in MERCOSUR Trade Deals and Negotiations

The Southern Common Market (MERCOSUR) brings new trade deals and negotiations to its participating countries Argentina, Brazil, Paraguay, and Uruguay. Its goal is to generate business and investment opportunities. It has driven agreements with other countries, and the so-called Associated States, which lead to meetings and activities between those South American countries. on top of that, MERCOSUR has also brought commercial and political partnerships with countries all over the world. We...

Perceptions of Doing Business in Latin America: Cautious Optimism For Future Growth and Opportunities

Perceptions of Doing Business in Latin America: Cautious Optimism For Future Growth and Opportunities

In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. We received a range of responses from 75 business owners, executives, government officials and other specialists operating in over 40 countries worldwide. 57.3% of respondents are considering expanding...

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