Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Company Formation Paraguay

71 views

Published on

Paraguay is a very underrated business jurisdiction. In spite of the astonishing annual rates of growth, averaging around 4% between 2015-2017 and an increasingly varied market including blossoming agricultural, service and mining sectors. Although it is enticing, it can be difficult to do business in a country where one does not fully understand the regulations and laws to form a company there. In order to help you get a better insight on the steps in this process, our Paraguayan business experts have created a company formation presentation for Paraguay.

Published in: Business
  • Be the first to comment

  • Be the first to like this

Company Formation Paraguay

  1. 1. How to Form a Company in Paraguay? www.bizlatinhub.com
  2. 2. Why Incorporate a Company in Paraguay? Strong agricultural sector Favourable political framework for investment Growing renewable energy sector Strategic geographic location Competitive tax rates
  3. 3. Types of Legal Entities Limited Liability Company Public Liability Company Branch Office Representative Office The majority of companies that are set up in Paraguay are Limited Liability Companies (Sociedad de Responsabilidad Limitada - SRL). This presentation will outline the process of forming a Limited Liability Company.
  4. 4. Fact Sheet S.R.L. Yes Is foreign ownership allowed? Yes Can the company sponsor foreign employees? No Are there capital controls? 8 - 10 weeks once all documentation is received How long does it take? (including bank account) USD$1 Is there a minimum share capital? 2 Shareholders What is the minimum number of shareholders? Yes Are a fiscal address and legal representation required?
  5. 5. How to do it. In order to successfully form your company, you will have to follow the steps outlined in this presentation. There are 7 main steps involved in this process.
  6. 6. Step 1 A POA is a legal document allowing our team at Biz Latin Hub to form the company on your behalf. Draft and Sign a Power of Attorney
  7. 7. Step 2 Register a unique company name. Choose and Verify Company Name
  8. 8. Step 3 The company bylaws define a company’s purpose and how it will operate. Create the Company Bylaws
  9. 9. Step 4 Before all the required local, state and national authorities. Register the Company
  10. 10. Step 5 Register with the national tax authority and obtain the company ID number (RUC). Obtain the Company Number
  11. 11. Step 6 You will have to open a corporate bank account and deposit the required capital in order to activate it. Open and Activate a Corporate Bank Account
  12. 12. Step 7 Subscribe the initial company capital. Initial Company Investment
  13. 13. Biz Latin Hub is a market leader in helping individuals and companies to successfully do business globally and has multilingual services that are reliable, tailored and responsive. Our group is owned and managed by an experienced team of local and expat professionals, dedicated to assisting our clients to navigate their way through the complexities of the global business environment. We can help!
  14. 14. See how our services can support your global expansion. Due Diligence Legal Services Commercial Representation
  15. 15. Are you ready to expand globally? Contact us now. contact@bizlatinhub.com www.bizlatinhub.com

×