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Company formation

Company formation in Paraguay: EAS, SRL or SA

We assess your activity, your partners and your objectives before recommending a structure, and we guide the process until the company is fully operational.

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The underlying decision

Which legal structure makes sense in Paraguay

Several legal structures coexist in Paraguay, and three account for most cases. The EAS (Empresa por Acciones Simplificada, or simplified stock company) was designed to simplify company creation: it allows incorporation with a flexible structure and is the fastest route for startups and small and mid-sized businesses. The SRL (Sociedad de Responsabilidad Limitada, or limited liability company) is the traditional vehicle for businesses with few partners and simple governance, where ownership is represented by membership quotas rather than shares. The SA (Sociedad Anónima, or corporation) is the usual choice for larger operations: it allows shares to be issued, investors to be brought in and a more formal governance structure to be maintained — something banks, institutional partners and foreign investment projects often require.

There is no structure that is always the best one. The right choice depends on how many partners there are and how they join or exit, on whether investors are planned, on the type of activity and on the kind of counterparties the company will work with. A project that will bid on public tenders or seek significant bank financing is not structured the same way as a family business.

We carry out that analysis before starting any filing, because changing structures later means cost, time and, in some cases, tax consequences that can be avoided by deciding well at the beginning.

What is included

Support through the entire process

Initial assessment

We analyze the activity, the partners, the objectives and the growth plans before suggesting a structure.

Incorporation coordination

We guide the corporate process end to end and coordinate with a notary public where required.

Document organization

We organize and review each partner's documentation, including that of foreign partners.

Registration with DNIT

RUC (tax ID) registration, definition of the applicable tax regime and registration of obligations.

Electronic invoicing

Setting up the electronic invoicing scheme so the company can issue compliant invoices.

Accounting kickoff

The company begins operating with its accounting in order from the very first transaction.

The process

What it takes to open a company in Paraguay

1

Defining the structure

We choose the legal structure, the corporate purpose, the capital and how it is distributed among partners.

2

Gathering documentation

Identification for each partner, corporate documents and, where there are foreign partners, legalizations or apostilles.

3

Incorporation and registration

The incorporation deed is formalized and the corresponding registry filings are completed.

4

RUC and tax obligations

Registration with DNIT, definition of the IRE (corporate income tax) regime and the obligations that apply to the company.

5

Permits and invoicing

Municipal business license depending on the activity, and launch of electronic invoicing.

6

Accounting setup

Opening the books, setting accounting criteria and building the company's own deadline calendar.

Frequently asked questions

About opening a company in Paraguay

It depends on the legal structure chosen, on the current workload at the registries and notary offices involved and, above all, on how complete the documentation is from the outset. When there are foreign partners whose documents must be legalized or apostilled abroad, that is usually the step that drives the timeline. The EAS is generally the fastest structure to set up, thanks to its simplified design.
Yes. Paraguayan law permits foreign partners and shareholders, both individuals and legal entities. What differs from a local partner is the documentation: documents legalized or apostilled in the country of origin are required and, for foreign legal entities, the corporate documentation of the parent company must be duly translated and legalized.
Share capital is defined according to the legal structure chosen and the type of activity, and it must be proportionate to the operation the company will actually carry out. This is one of the items we review in the initial assessment, because it has practical consequences: banks, counterparties and public agencies tend to look at that figure.
In many cases a large part of the process can be advanced remotely, using special powers of attorney granted in your country of origin and duly legalized or apostilled, which authorize a local representative to sign the corporate documentation. Certain specific steps, such as opening a bank account or some immigration procedures, usually require physical presence or at least more direct involvement.

See all frequently asked questions about taxes and companies in Paraguay →

Keep exploring

Let's assess the right structure for your company

Tell us about your activity and your objectives so we can guide you properly.

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