Companies

Open a company in Paraguay as a foreigner

The fastest way is the EAS (Simplified Joint-Stock Company): it can be formed by one or more people, with no minimum capital, and is registered through SUACE (the government’s one-stop business portal). According to SUACE, it can be set up in 72 hours to 8 days with complete documentation.

  • Team in Asunción
  • Prices in USD, VAT included
  • Quote and terms in writing

Options & pricing

Basic EAS

USD 550

Formation through SUACE, the Abogacía del Tesoro and the DNIT. Bank account and business license not included.

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Full EAS service

USD 2,500

Formation, bank account assistance, business license and certified company books.

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Ready-made company

From USD 3,000

An already registered company that is transferred to you through a share purchase.

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Residency + EAS package

USD 4,500

Temporary residency and an EAS, with bank account assistance, legal representation and no-transaction accounting for 3 months. Scope to be confirmed.

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What is included

  • We help you choose between a new EAS and a ready-made company.
  • Formation of the EAS through SUACE, the Abogacía del Tesoro (Treasury Attorney’s Office) and the DNIT (tax authority).
  • With the full EAS service: bank account assistance, a business license and certified company books.
  • If the legal representative is a foreigner, we coordinate their cédula (Paraguayan ID card), which they need.

What to budget for separately

The bank account is subject to the bank’s approval. Ongoing accounting is quoted separately.

How the process works

  1. We choose the structure

    A new EAS or a ready-made company, depending on your project.

  2. Formation through SUACE

    With complete documentation, 72 hours to 8 days according to SUACE.

  3. RUC, business license and books

    Included in the full EAS service.

  4. Company bank account

    Included in the full EAS service and the package. Subject to bank approval.

Frequently asked questions

How can a foreigner open a company in Paraguay?

The fastest way to open a company in Paraguay is the EAS (Simplified Joint-Stock Company), created by Law 6480/2020: it can be formed by one or more people, with no minimum capital and with liability limited to their contributions, and it is registered through SUACE (the government’s one-stop business portal). If the legal representative is a foreigner, they need a cédula (Paraguayan ID card). Read the full answer →

Should you buy a ready-made (shelf) company in Paraguay?

A ready-made company (shelf company) in Paraguay is already registered and is transferred to you through a share purchase, from USD 3,000 with VAT included. A new EAS (Simplified Joint-Stock Company) costs less, from USD 550, and according to SUACE (the government’s one-stop business portal) it can be set up in 72 hours to 8 days. Which one makes sense depends on your project. Read the full answer →

Can a foreigner open a bank account in Paraguay?

Yes. To open a personal bank account in Paraguay, you first need the cédula (Paraguayan ID card); after that, each bank sets its own requirements and decides whether to open the account. We assist with a personal account for USD 450 or a business account for USD 500, VAT included. Read the full answer →

Does Paraguay tax foreign income?

Paraguay taxes on a territorial basis: the IRP (personal income tax) applies to Paraguayan-source income, under Article 48 of Law 6380/2019. That does not mean your foreign income goes untaxed in every case: it depends on the type of income, your activity in Paraguay and what your home country requires. On Paraguayan-source income, individuals pay IRP of 8% to 10% on personal services above PYG 80 million (Gs. 80 million) a year, and 8% on capital income. Read the full answer →

All frequently asked questions →

Tell us about your situation

We reply on WhatsApp with your route and a written quote.

Indicative prices including VAT. Scope, expenses and terms are confirmed in writing before engagement. Approvals and timing depend on the relevant institutions.

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