Paraguay

Last update: 2026-07-01
PY PYG Guaraní
Pros
Low tax burden with a simple 10% flat rate for corporate and personal income.
Territorial taxation system exempting foreign-sourced income from domestic levies for residents.
Abundant and affordable hydroelectric power reducing operational costs for industrial activities.
Cons
Systemic institutional corruption and weak judicial independence affecting contract enforcement and property rights.
Underdeveloped physical infrastructure and logistical bottlenecks increasing transportation costs for landlocked trade.
Significant informal economy and security risks in border regions linked to illicit activities.
Personal income
8 → 10%
progressive
Corporate
10%
flat
Capital gains
8%
flat
VAT (standard)
10%
standard rate
i 8.1 VERY LOW TAX
i 7.3 PRIVACY GRADE
i 5.8 DIVIDEND PIPELINE
i 4.8 HOLDING
i 2 CRYPTO HAVEN
i 2 EASY CITIZENSHIP
VERYLOW TAX 8.1/10 HOLDING 4.8/10 DIVIDENDPIPELINE 5.8/10 CRYPTOHAVEN 2/10 PRIVACYGRADE 7.3/10 EASYCITIZENSHIP 2/10
01/08

Will Paraguay tax what you earn?

income tax tax residency territorial system

YES, BUT LIGHTLY. Personal income tax in Paraguay is light (10% at the top), and the territorial regime narrows the catchment further: foreign-source income falls outside. Friendly headline, friendlier design.

Personal income taxi
8 → 10%
progressive · 3 brackets
Income simulatori
Income
Tax due
Effective rate
all-in
Marginal rate
Tax residence testi
121/183 days
183-day rule
Economic interest
Family centre
Habitual abode
Extended-stay test
Just one rule above is enough to make you tax-resident here.
02/08

Will Paraguay tax what you own?

capital gains wealth tax inheritance dividends interest

YES, BUT LIGHTLY. Capital gains are taxed at a low 8% in Paraguay, but the country also applies an annual wealth tax (top rate 10%). Over a long holding period, the recurring charge can outweigh the realisation tax entirely.

Capital gainsi
8%
flat
Dividend taxi
8%
flat
Interest incomei
8%
flat
Wealth taxi
8 → 10%
progressive
Crypto · tax regimei
Regime
UNREGULATED
Fallback rate
8%
Paraguay lacks specific crypto legislation after the 2022 presidential veto of a regulatory bill. Crypto-assets are treated as intangible property under general tax law (Law 6380/19). Individuals are taxed at 8% on capital gains (IRP-RGC). Professional traders and miners are taxed at 10% (IRE). A small exemption applies if total annual sales of movable assets are under 20 million PYG (approx. USD 2,700). Sources: Law 6380/19, Decree 3181/19, BCP Statement 2022.
Crypto-to-cryptoi
TAXABLE
each swap counts as a disposal — gains realised at every trade
FATF travel rulei
NOT SIGNED
no information-sharing obligation on VASP transfers
Inheritance systemi
NONE
no estate tax · no heir-based duties · no succession tax framework. Wealth transfers across heir-classes are not taxed in this jurisdiction. Only standard probate / registration fees may apply.
03/08

Is it easy to run a company in Paraguay?

corporate tax criminal liability public registry VAT IP box

YES. Corporate tax in Paraguay sits at a low 10%, with VAT around it. Setting up and running a company is cheap; the rate won't be what kills a venture here.

Corporate taxi
10%
flat
IP Box · Patent Boxi
NONE
no IP regime · IP income taxed under standard corporate rules
Misuse of corporate assetsi
NO CRIMINAL LIABILITY
Civil Matter / Breach of Fiduciary Duty
In Paraguay, the closest equivalent to misuse of corporate assets is 'Breach of Trust' (Lesión de Confianza) under Article 192 of the Penal Code (Ley 1160/97). This crime requires the violation of a duty to protect the property interests of a 'third party' (tercero). In a solvent company where the director is the sole shareholder, the owner's consent negates the criminal nature of the act as there is no third-party victim. Such conduct is treated as a civil matter (confusion of patrimony) or a tax issue (irregular dividend distribution) rather than a criminal offense.
Shareholders privacyi
PUBLIC
Dirección General de Personas y Estructuras Jurídicas y Beneficiarios Finales (DGPEJBF)
Directors privacyi
PUBLIC
Dirección General de Personas y Estructuras Jurídicas y Beneficiarios Finales (DGPEJBF)
Incorporation costi
Simplified Joint Stock Company
Empresa por Acciones Simplificadas (EAS)
Government Registration & Registry Fees USD 247
Professional Incorporation Service (Legal, RUC, Rep) USD 3,712
Total USD 3,960
VAT standard ratei
10%
2 distinct tiers in force
5% 10%
Food & drink
5%
food
10%
non-alcoholic
10%
alcohol
Print media
10%
books
10%
ebooks
10%
newspapers
Culture
10%
cultural events
10%
cinema
10%
theatre
10%
museums
10%
sports
Transport
10%
public transit
10%
rail
10%
air
Hospitality
10%
hotels
10%
restaurants
10%
takeaway
Health
5%
pharma
10%
medical dev.
Energy
10%
electricity
10%
natural gas
10%
district heat.
10%
domestic fuel
Utilities
10%
water
10%
waste
Clothing
10%
kids clothing
Digital & telecom
10%
digital
10%
telecom
10%
broadcast
Construction
10%
construction
5%
social housing
Agriculture
5%
farm inputs
5%
animal feed
Personal services
10%
funeral
10%
hairdressing
Finance
10%
insurance
10%
financial svc.
04/08

Is Paraguay good for your holding company?

treaty network participation exemption withholding

YES, BUT THIN. Paraguay runs a full participation exemption (100% on qualifying dividends and gains), but its thin treaty network (6 agreements) limits the geographies where the holding can sit without taking a withholding hit on the source side. Workable for regional structures, not for global ones.

Territorial systemi
Individuals
TERRITORIAL
Corporates
WORLDWIDE
Individuals: territorial — foreign-source income generally untaxed. Corporates: worldwide.
Participation exemptioni
100%
no minimum threshold · no holding period
CFC rulesi
NONE
no controlled foreign corporation regime · foreign-source corporate income out of scope
WHT · dividendsi
15%
non-resident outbound
WHT · interest
15%
non-resident outbound
WHT · royalties
15%
non-resident outbound
Tax-haven WHT
15%
penalty rate · blacklisted destinations
Treaties signedi
3
active
Treaties pending
3
in negotiation
Tax treaty networki
origin · PY 0% > 0% no treaty
Inspect a country
Hover any country on the map to read its withholding-tax treaty with PY.
Country Status Dividends Interest Royalties
// no treaties match
05/08

What does it cost to come and go from Paraguay?

exit tax territorial system dual citizenship

LITTLE. Coming and going from Paraguay is cheap. The country runs a territorial system (foreign income stays foreign), and there's no exit tax on departure. You leave with what you came in with, plus whatever you earned abroad while you were here.

Exit taxi
NONE
no triggers active · residence change tax-free · no deemed-disposal mechanism
Dual citizenship
ALLOWED
naturalised citizens may keep their existing nationality
Citizenship paths
Residence
Marriage
Birth
Descent
Investment
06/08

Will Paraguay protect your privacy?

info exchange corporate registries

YES. Paraguay has signed few exchange frameworks, so foreign tax authorities won't routinely see what you do here. But corporate registries are public: ownership and directorships are queryable by anyone with a browser. Privacy from abroad, transparency at home.

Multilateral reporting frameworks 1/10 active · 2 pending
CRS
CARF
FATCA
MLI
BEPS
MAAC
2021
GLOBAL FORUM
EOIR
CRYPTO-CARF
CRYPTO TRAVEL RULE
07/08

Is Paraguay itself a liability?

blacklists FATF standing

NO. Paraguay carries no entries on any major blacklist, though it sits outside FATF membership. Counterparties may apply light extra due diligence, but no formal stigma attaches to dealing with it.

Blacklist exposure Clear everywhere
FATF
grey / black list
EU
non-cooperative list
FRANCE
ETNC list
SPAIN
tax-haven list
PORTUGAL
favourable regimes
BRAZIL
low-tax list
08/08

Will you feel free in Paraguay?

press freedom crypto CBDC EU

PARTLY. Paraguay scores in the middle band of the RSF press-freedom index (rank #84): civil society operates but the boundaries are real. Crypto sits in the standard regulated tier.

Press freedom · RSF indexi
84/180
score 56 · ↑ 31 ranks year-on-year
Central bank digital currencyi
Program Status Cross-border Sources
Paraguay CBDC
Central Bank of Paraguay
RESEARCH
SEE ALSO

Other jurisdictions worth comparing

Picked by similarity of strategic profile to Paraguay. No editorial ranking — neighbours in the same scoring space.

PROFILE-ADJACENT Same shape, comparable overall friction.
NOTABLY MORE FAVORABLE Same family of strategies, higher total score.
NOTABLY LESS FAVORABLE Same family of strategies, lower total score.