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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 millennium, and making fiscal and debt adjustments in the middle of the last decade. The country has been favored by positive external factors that added to macroeconomic stability, leading to years of notable growth in GDP and GDP per capita. We outline crucial competencies to look for in a provider of corporate secretarial services in Paraguay, and the importance of these services when expanding your business. Importance of corporate secretarial services in Paraguay The right corporate secretarial services provider supports a company’s risk management activities by enabling businesses to fulfill their corporate obligations. Setting up operations in a new country such as Paraguay is a challenge in regards to understanding and complying with new tax regulations, adapting to a new business culture and hiring the right staff. It can be time-consuming and complicated, especially when considering language and cultural barriers.  For this reason, it is vital to work with a trusted local partner to ensure that your company meets all local and international requirements. Hiring a local provider...

Opportunities for Businesses: Fintech in Argentina

Opportunities for Businesses: Fintech in Argentina

When expanding your fintech company abroad, foreign executives should consider the developing ecosystem for fintech in Argentina.  Financial technology, better known as fintech, competes with traditional financial methods by using technology and innovation to change the way financial services are delivered. Swelling middle classes are demanding more from producers and exporters. Buying and using phones to engage with the commercial landscape. As a result, technological innovation is sweeping through previously neglected industries in Latin America. In particular, fintech is developing rapidly to keep up with a momentous shift in the region towards online financial interaction. Fintech startup activity in Argentina rises as the country adopts new financial services innovations. Argentina has over 110 new fintech startups that position the country as a hub for financial technology creativity. This results in valuable opportunities for entrepreneurship in this fast-growing sector. Learn how this vibrant startup culture in Argentina generates opportunities in the fintech market for your business. Fintech in Argentina: breakdown of the sector 'Payments and remittances' is the biggest fintech segment in Argentina, accounting for 28% of the total startup activity. The characteristics of the digitization process of financial service digitization are mainly:  that financial services can best contain simplified and accessed for users via the internet,an increase in the processing speed of automated procedures, cost reduction, a stronger focus on customer...

Prepay Technology Boosts Retail in Colombia

Prepay Technology Boosts Retail in Colombia

The impact of prepay technologies on retail in Colombia is becoming stronger as the government works to promote digital procedures, and the millennial population gains more purchasing power.  Technologies that facilitate online payment for businesses and consumers play an important role in e-commerce adoption and creates an optimal environment for commercial activities. Learn how the government is working to promote digitalization and find about the main players in online retail in Colombia. Online Retail in Colombia: A look at statistics According to a report developed by SAP (Systems, Associations and Products), a leader in enterprise software services,  Colombia is fourth in e-commerce sales in the region. The country is behind Argentina, Brazil, and Chile. However, this represents an opportunity in the remaining sector of the e-commerce market share. This report also stated that by the end of 2019 Colombia’s e-commerce activity will account for US$6.6 billion. From the total online purchases 73% are made through desktop computers and 27% through smartphones. The future prospects also indicate substantial growth, online retail in Colombia is expected to increase by 39% up to 2022. There are many factors that can impact online commerce including payment security, accessibility and smartphone immersion in the country.  Colombia's’ efforts to promote a digital government The Colombian government produced a policy named “Digital Government” (Gobierno Digital) which establishes guidelines for the strategic use of technology in public management and interactions between...

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