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    Start A Business In Paraguay

    Paraguay's Business-Friendly Haven...

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        Paraguay's Business-Friendly Haven...

        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.

        Kathleen

        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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          Get In The Overseas Property Game






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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:

            DetailsSRLSA
            Minimum capitalNone, but the capital specified must be at least 50% paid inNone, but must be adequate for the business to be undertaken
            Number of membersBetween 2 and 25At least 2 shareholders
            Form of sharesNon transferable participationsBearer or registered shares
            Managers and/or directorsMinimum 1, must be Paraguayan citizen or residentMinimum 1 director, must be Paraguayan citizen or resident, plus 1 internal auditor
            Other important featuresMay not engage in banking, insurance, or financial services businessMay apply for stock exchange listing
            Time to set upAlmost immediate45–60 days

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              Kathleen

              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

              A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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                Start A Business In Paraguay - FAQ's

                Submit Your Own Questions

                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.

                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.

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