Paraguay is a landlocked country in South America with a population of just under 7 million. It is one of world's leading food producers and exporters, as well as one of the world's biggest renewable energy suppliers. With the most competitive tax regime in the region, and strategic location at the heart of the South America's continent with easy access to both the Pacific and Atlantic Oceans, Paraguay it is a nation that offer many opportunities of business because everything, is being prepared so that any investment can be a reality.
Paraguay currently has a Ba.1 rating from Moody's and a stable outlook. The Infrastructure, Transport and Logistics framework aims to ensure that the country plays a key role in regional connections. The macro economic conditions are stable with an annual inflation rate over the last 5 years of approximately 4% and local currency growth in the region of 4% per annum. The main economic activities in Paraguay are agriculture and livestock. The Maquila Industry, producing goods and services for the international market, is a focus for the further industrial development of the country.
What type of Business Structure should we use?
There are advantages and disadvantages to all of them, and there is no one correct answer, it's all dependent on your specific business circumstances and needs. A brief overview of the main structures is in the full guide.