Doing business in Paraguay

Paraguay is a country that welcomes foreign investment, there are many laws like 60/90(that establishes tax exonerations for certain type of investment) or maquila law that alos establishes tax benefiets for good production investments.

There is no personal income tax, corporate tax 10% over profit(once a year). VAT is 10% which is decuctible BTW.

Will posting more info on company oppening, but basically you need a Public Notary, Sociedades Anonimas is one the best ways to establish a legal entity, in terms of legal/civil/assets protection. Also you need municipal license, an accountant to take care of your declartion before treasury ministry.

thanks for your post Jfinestra !

hello julien

I am according with Jfinestra you need to do all that she told you.
but Paraguay is opened for all the inversinist who wants to open a bussiness here.

Its not so much complicated  for you!