-
Low Taxes and Favorable Business Environment
Paraguay is known for its low tax rates, particularly a flat 10% corporate tax and personal income tax, which is among the lowest in the region. This favorable tax regime, combined with a pro-business regulatory environment, makes it attractive for foreign investors looking to establish operations with low costs.
-
Abundant Hydroelectric Power
Paraguay is a global leader in renewable energy production, generating nearly 100% of its electricity from hydroelectric sources. It shares control of the Itaipu Dam, one of the largest hydroelectric plants in the world. This provides businesses with access to abundant and cheap energy, which is a significant advantage for energy-intensive industries.
-
Strategic Location for Trade
Located in the heart of South America, Paraguay has access to key regional markets through trade agreements like MERCOSUR, allowing companies to easily export goods to neighboring countries such as Brazil and Argentina. Its central location makes it a strategic hub for regional distribution.
-
Competitive Labor Costs
Paraguay offers one of the most competitive labor cost structures in Latin America. Combined with relatively low operating costs, this makes it a highly attractive destination for manufacturing, agribusiness, and industries seeking cost-effective production solutions.
Tax Info
Enter Dynamic Page- General CIT Rate
- 10%
- CIT Return Due Date
- By the end of the 4th month following fiscal year-end
- CIT Payment Due Date
- By the end of the 4th month following fiscal year-end
- CIT Estimated Payment Due Date
- Quarterly advance payments
- Resident Withholding Tax (Dividend/Interest/Royalty)
- 8/0/0
- Non-Resident Withholding Tax (Dividend/Interest/Royalty)
- 15/15/15
- General VAT Rate
- 10
- General Capital Gain Tax Rate
- 10%
- Composite Effective Average Tax Rate
- 9.44%
- Composite Effective Marginal Tax Rate
- 7.00%
Administrative Regions
- 1 - Concepción Department
- 10 - Alto Paraná Department
- 11 - Central Department
- 12 - Ñeembucú Department
- 13 - Amambay Department
- 14 - Canindeyú
- 15 - Presidente Hayes Department
- 16 - Alto Paraguay Department
- 19 - Boquerón Department
- 2 - San Pedro Department
- 3 - Cordillera Department
- 4 - Guairá Department
- 5 - Caaguazú
- 6 - Caazapá
- 7 - Itapúa
- 8 - Misiones Department
- 9 - Paraguarí Department
Belonging Jurisdiction
-
PY - Paraguay
Republic of ParaguayLearn MoreRepublic of Paraguay -
USAN - Union of South American Nations
Union of South American NationsLearn MoreUnion of South American Nations -
WORLD - Global
EarthLearn MoreEarth
A Full-Service Consulting Firm Backs You Up
TKEG Expat is your trusted overseas business partner. We are the retail consulting department of THE KEITH &EVEN GROUP, a Hong Kong-based global consulting agency with access to 50 markets, covering approximately 72 percent of global GDP.
With its strategic advantages, we can connect customers to opportunities worldwide and serve them in 21 industries.
Do You Represent A Big Corporation Or Already Have 10 Million USD In Revenue?
If you represent a big corporation, or if your company already has more than $10 million USD in revenue, you may be interested in the enterprise solutions provided by THE KEITH &EVEN GROUP.
Enterprise Solutions >
Global - Español
Argentina - Español
Chile - Español
Colombia - Español
Costa Rica - Español
España - Español
Estados Unidos - Español
Mexico - Español
Panama - Español
Peru - Español
Union Europea - Español
中国内地 - 简体中文
新加坡 - 简体中文
泰国 - 简体中文
澳大利亚 - 简体中文
马来西亚 - 简体中文
澳門特區 - 繁體中文
香港特區 - 繁體中文
