Concierge Service for Company Formation and Management in Paraguay

Paraguay is an attractive location for entrepreneurs and companies seeking a stable market, low cost of living, and a business-friendly environment. With our concierge service, we help you establish, manage, and operate a legally recognized company in Paraguay. We offer comprehensive support to ensure your business meets all legal requirements, allowing you to focus on growing and succeeding in your venture.

Company Formation

We establish your company in Paraguay and register a business entity that meets all legal requirements of the country. This includes registration with relevant authorities and preparation of all necessary documents.

Management

We handle the ongoing management of your business entity and ensure that all legal obligations, such as tax returns, annual reporting, and notifications to authorities, are properly carried out.

Trustee Director

We provide you with a Trustee Director who officially represents your company in Paraguay. The Trustee Director is a native English speaker, ensuring no language barriers in communication with local authorities.

Services of our Concierge Service for Business Entities in Paraguay:

Company Formation and Business Registration: We establish your company in Paraguay and register a business entity that meets all legal requirements of the country. This includes registration with relevant authorities and preparation of all necessary documents.
Business Entity Management: We handle the ongoing management of your business entity and ensure that all legal obligations, such as tax returns, annual reporting, and notifications to authorities, are properly carried out.
Director Representation by a Native English Speaker: We provide you with a Trustee Director who officially represents your company in Paraguay. The Trustee Director is a native English speaker, ensuring no language barriers in communication with local authorities.

What is a Trustee Director and what can they do?

A Trustee Director is a person who officially takes responsibility for the administrative tasks of a company but does not exercise operational control over day-to-day business. The Trustee Director ensures that all legal and administrative requirements are met and helps to run the company correctly and in compliance with Paraguayan laws.

What the Trustee Director cannot do:

The Trustee Director has no decision-making authority regarding the day-to-day operations of the company.
They cannot make strategic decisions or conduct operational business.

What the Trustee Director can do well:

Communicate with authorities and sign necessary documents.
Manage legally required reporting and tax returns.
Ensure compliance with local legal obligations, such as filing annual financial statements and timely payment of taxes.

Legal Obligations and Regular Fees in Paraguay:

All companies in Paraguay must comply with certain legal obligations to ensure they are properly managed and tax-compliant. We take care of the following tasks and payments:

Annual Tax Return: Every company in Paraguay must file its income tax return (IRACIS or IRAGRO, depending on the type of company) annually. We ensure that all required tax returns are correctly prepared and submitted on time.
Corporate Tax (IRACIS or IRAGRO): Paraguay levies an income tax on profits earned in the country. We advise you on the best tax strategies and take care of timely tax payments.
Value Added Tax (IVA): If your company sells products or services in Paraguay, Value Added Tax (IVA) must be paid. We ensure that VAT is properly calculated and paid.
Social Security Contributions: If your company employs staff, social security contributions (including health, pension, and unemployment insurance) must be paid. We handle the reporting and payment of these contributions.
Annual Reporting and Financial Statements: Companies are required to regularly submit their annual accounts and financial reports to the Paraguayan authorities. We ensure that all relevant reports are correctly prepared and submitted on time.
Notifications to the Ministry of Finance: Any changes in the company structure or management must be reported to the Ministry of Finance. We take care of the corresponding notification.

Fees:

Tax returns and financial reports: 800 – 1,500 EUR annually, depending on the size and complexity of the company.
Social security contributions and payroll reports: 500 – 1,000 EUR annually, depending on the number of employees.
Regular administrative fees for business entity management: 1,000 – 2,000 EUR annually, depending on company size and scope of administrative tasks.

Why a Business Entity in Paraguay?

Paraguay offers many advantages for entrepreneurs and investors, including low tax burden, low cost of living, and a stable legal environment. Establishing a business entity in Paraguay allows you to benefit from these advantages while promoting international business relationships. Our services ensure that your company meets all legal requirements and can operate successfully in Paraguay.

With our concierge service, we offer you not only a genuine, verifiable business entity in Paraguay but also comprehensive support that ensures your company always complies with local regulations. We help you make the most of Paraguay's tax and economic benefits and efficiently achieve your business goals.

Pricing Model for Business Entities in Paraguay

Small Companies (up to 5 employees):

Basic Package: 2,500 EUR (Company formation + Business entity registration + Trustee Director for one year)
Extension Package: 4,000 EUR (Basic Package + annual tax return, financial reports, and payroll reporting)
All-Inclusive Package: 5,000 EUR (Basic Package + tax return, financial reports, social security contributions, and regular administrative fees)

Medium to Large Companies (more than 5 employees):

Premium Package: 4,500 EUR (Company formation + Business entity registration + Trustee Director for one year)
Extension Package: 6,500 EUR (Premium Package + complete tax return, financial reports, and payroll reporting for more than 5 employees)
All-Inclusive Package: 8,000 EUR (Premium Package + complete tax return, financial reports, social security contributions, monthly payroll reporting, and regular administration)

Optional Additional Services:

Legal advice and international tax consulting: Price on request.