Paraguay is one of the countries in the region where a foreigner can most easily incorporate and operate a company, regardless of whether they have residency or not.
Most common legal forms
- Sociedad Anónima (SA): most common for foreign capital companies, requires 2 shareholders
- Sociedad de Responsabilidad Limitada (SRL): more agile, ideal for medium-sized ventures, up to 25 partners
- Empresa Unipersonal: sole proprietorship, recommended only for low-risk activities
Incorporation process
- Name reservation at the Treasury Advocacy
- Drafting and signing of bylaws before a notary
- Registration at DNRPJ (5-10 business days)
- RUC (taxpayer ID) registration at SET
- Municipal operating permit
- Bank account opening
Do I need to be a resident?
No. Non-resident foreigners can be shareholders and directors of Paraguayan companies.
Estimated cost: USD 600 to USD 1,200 | Timeline: 15 to 30 business days