Business accounting in Paraguay, built for decision-making
Orderly compliance before DNIT (Paraguay's tax authority) and better information, so your management team can decide with numbers it can trust.
What it really means to keep a company's books properly in Paraguay
Keeping a company's books in Paraguay involves far more than entering invoices and filing returns. It means maintaining records consistent with Law 6380/2019 (Ley 6380/2019), correctly calculating IVA (VAT) and IRE (corporate income tax) under the regime that applies to the company, complying with electronic invoicing through the SIFEN system, reconciling bank transactions against the records, and keeping supporting documentation organized in case DNIT requests it.
At MCG we do that work with a simple standard: the accounting has to hold up externally — before the tax authority — and internally — before the company's management. If the numbers only serve to meet a filing deadline but never tell the owner what margin each business line generates or why costs rose this quarter, the job is only half done.
We work with companies across every industry: retail and wholesale, services, construction, import, technology, healthcare, food service and foreign investment projects. Each industry has its own tax particularities, and that is part of what we assess before defining the scope.
What the monthly accounting service includes
This is the reference scope. The final scope for each company is defined by its actual operation.
Monthly bookkeeping
Recording and maintaining the accounting for the entire operation, with consistent criteria period after period.
Tax obligations
Preparation and filing of the applicable obligations before DNIT, with deadline control based on your RUC (tax ID).
Closings and periodic reports
Period closings with reports showing results, margins and trends, in a format management can actually read.
Reconciliations
Reconciliation of bank transactions, electronic invoicing and accounting records, according to the plan contracted.
Documentation follow-up
Organizing and controlling supporting documentation — the first thing requested in a tax audit.
DNIT coordination
Handling filings, queries and communications with the tax authority on the company's behalf.
What you should be able to do once the accounting is in order
- ✓ Know how the period's result is shaping up, without waiting for the year-end close.
- ✓ Anticipate how much IVA (VAT) and IRE (corporate income tax) you will owe before the deadline arrives.
- ✓ Respond quickly when a bank asks for financial statements or supporting documentation.
- ✓ Know exactly which invoices are missing and who needs to obtain them.
- ✓ Enter a DNIT tax audit with your documentation in order, without improvising.
- ✓ Discuss business decisions with your accountant, not just filing deadlines.
Two ways to work with us
Orderly accounting and tax management, for companies of any size and any industry in Paraguay.
- ✓ Monthly bookkeeping and compliance before DNIT
- ✓ Period closings and regular reports
- ✓ Documentation follow-up and coordination with the tax authority
For more complex operations, with continuous strategic support for the management team.
- ✓ Everything included in the business accounting service
- ✓ Strategic review meetings with management
- ✓ Preventive tax analysis and support on key decisions
Fees are set according to scope and operational complexity: industry, volume of invoices, number of employees, branch locations and the condition of the documentation, among other factors. Remediation of prior periods, audits and extraordinary engagements are quoted separately and are always agreed in writing before they are invoiced.
About the accounting service
See all frequently asked questions about taxes and companies in Paraguay →
Let's get your company's accounting in order
Tell us about your current situation and we will assess the scope together.
Talk to us