In more than 90 countries

Operating a Business

Setting Up a Company Paraguay Latin America & Caribbean
Procedures (number) 7.0 8.0
Time (days) 35.0 25.2

Source: Doing Business - Latest available data.

National Intellectual Property Organisation
Visit the website of DINAPI (National Directorate of Intellectual Property, in Spanish).
For more contact information, visit this page.


Tax Rates

Consumption Tax Rate
10% (standard rate)
Reduced rate: 5% (real estate selling and leasing, basic groceries, farming products, and pharmaceutical products)
Due to the COVID-19 pandemic, the tax authority temporarily reduced the taxable base for certain products and services to 50%, including services related to tourism, hospitality and restaurants.
Exempt items include foreign currency; oil by-product fuels; interest on public securities; interest on bank deposits, books, certificates and shares; exportation of goods and exportation freight services; and transfer of credits.
Other Consumption Taxes
Excise duties are levied on petroleum, alcohol and tobacco products.
Company Tax
Withholding Taxes
Dividends: 8% (residents)/15% (non-residents); Interests: 6% (residents)/15% (non-residents); Royalties: 8% (residents)/15% (non-residents)