After Brazil, Argentina and Uruguay, Paraguay has become a target country for the development of our activities, for private clients with interests in these countries and internationally.
Indeed, Paraguay is a "small" country that has managed the health crisis honorably. The currency remains stable, in contrast to the large adjacent countries such as Brazil and Argentina, which are subject to high inflation.
A land of investment and opportunity with a wealth of natural resources, Paraguay is a vast provider of agricultural and energy resources.
From a fiscal point of view, Paraguay is a very attractive country with a reasonable tax rate of 8-10% for individuals and a corporate tax of 10%.
Many foreign investors have invested in this "small" Latin American country and need guidance on how to hold and develop these investments.
The country has signed only few bilateral tax treaties. In the absence of tax treaties, the tax rate on the distribution of dividends to non-resident investors is 15% and the tax rate on net income received is 20%. Uruguay still applies lower taxes both to individuals and Companies but Paraguay remains an interesting balanced country from a tax point of view.
As a member of Mercosur (Southern Common Market), Paraguay has privileged links with neighboring countries without specific bilateral tax treaty arrangements. This tax environment create need for advice locally and internationally.
