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Start A Business In Paraguay

Paraguay’s Business-Friendly Haven…

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Paraguay's Business-Friendly Haven...

Key Takeaways: Starting A Business In Paraguay in 2026

Forming a company is inexpensive and straightforward by regional standards.
The government is accessible and welcomes foreign business investment.
Foreigners have the right to enter any legal business sector.
Common company types include LLCs and corporations with share capital.

Under the Paraguayan Constitution, everybody (whether Paraguayan or foreign) has the right to go into any business sector they wish, provided only that the activity is legal.

No specific permission from the government is required.

You just have to inform them, then go ahead and start your business.

Paraguay really rolls out the red carpet for foreign business people and it is easy to gain the attention of high-level government officials, even if your project is relatively small—one of the benefits of doing business in a small economy.

Check currency conversion at today’s exchange rate.

Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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Formation Of Companies In Paraguay

By Latin American standards, it’s quite easy and inexpensive to form a company in Paraguay, though you should not think of a Paraguayan company as an offshore, IBC-type vehicle.

The main Paraguayan company types are LLCs (known as SRLs in Spanish) and SAs (socidedades anonimas, or companies with share capital). The main differences can be summarized as follows:


Details	SRL	SA
Minimum capital	None, but the capital specified must be at least 50% paid in	None, but must be adequate for the business to be undertaken
Number of members	Between 2 and 25	At least 2 shareholders
Form of shares	Non transferable participations	Bearer or registered shares
Managers and/or directors	Minimum 1, must be Paraguayan citizen or resident	Minimum 1 director, must be Paraguayan citizen or resident, plus 1 internal auditor
Other important features	May not engage in banking, insurance, or financial services business	May apply for stock exchange listing
Time to set up	Almost immediate	45–60 days

Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

Start Your New Overseas Life Today

We Value Your Privacy! We will not share your email address with anyone else, period.

Start A Business In Paraguay - FAQ's

Is it easy to start a business in Paraguay?

Paraguay’s government is eager to draw in foreign investors and streamline the company registration process. However, it generally takes 10 to 12 weeks to complete all the required steps. Having a knowledgeable Paraguayan lawyer is essential for navigating the procedures.

Can foreigners work in Paraguay?

To work legally in Paraguay, non-citizens need a work visa or work permit. The exact requirements can differ based on the job and the worker’s nationality. Typically, employers are responsible for applying for the visa or permit at the immigration office.