Paraguay: a bright spot in Latin America

An attractive destination for investment

Why Paraguay?

Investment ratings have improved in Paraguay over recent years making it one of the most advantageous countries in the region for a business to operate. Paraguay has some of the best tax incentives for both domestic and foreign investment and has introduced many laws that make it an attractive investment opportunity.

Our core areas of expertise

TMF Group professionals have been operating in Paraguay since 2006. Our team of local experts include accountants and HR professionals who work with both local and multinational companies that are active in retail, aviation, manufacturing, pharmaceuticals, agriculture and telecommunications.

Our strong team of specialists can assist you in setting up your business and provide you with administration, accounting & reporting, tax compliance, HR and payroll and corporate secretarial support. Allowing us to take care of these areas will allow you to concentrate on the core elements of selling your products and services.

Our full range of services include:

  • Accounting and Tax services: We take care of local statutory bookkeeping, full consolidated accounts and management reporting to relevant local and international standards. We also help you manage your tax and reporting obligations.
  • Consultancy solutions: A flexible service allowing companies to deal with complexities created by expansion into new countries or growth in existing overseas locations.
  • Corporate Secretarial services: We help you stay compliant, manage your risk and stay on the right side of regulators and filing requirements.
  • Governance services: We help you stay compliant, manage your risk and regulatory obligations, including your local legal requirements for Common Reporting Standard (CRS), Foreign Account Tax Compliance Act (FATCA), Know Your Customer (KYC), CbCr notification, Master File / Local File and Ultimate Beneficial Owner (UBO) register. 
  • HR and Payroll services: We help you to hire the right people, apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law. We can control payroll schedules, secure data exchange and payroll approvals.
  • International Corporate Structuring: We manage the legal set-up and structuring of new or existing operations.

TMF Paraguay has the local knowledge and experience to provide you with tailor-made solutions to meet all your business requirements.

Understanding local law, regulations, processes and requirements is at the heart of what we do and it is crucial to business success. No matter where in the world you are, our team of experts will help reduce risk, simplify operations and ensure a smooth launch into the Paraguay market.

To find out exactly how we can help you, speak to our experts

We deliver tailored solutions to each precise location that allow you to operate smoothly from day one.

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