How to open a company in Paraguay: a practical guide

Incorporating a company (S.A. or S.R.L.): what it typically involves

In practice, incorporation requires defining shareholders/partners, corporate purpose, capital and management rules. The goal is to formalize the structure with legal certainty.

• Entity type: S.A. or S.R.L. depending on governance and growth plans.
• Bylaws / company agreement: drafting and reviewing key clauses (representation, management, distributions, etc.).
• Signing and formalization: in-office signing and preparing documents for subsequent steps.

If you are abroad

It is common to require powers of attorney, legalization/apostille and, in some cases, translations. Confirm the destination country and intended use before signing to avoid rework.

Note: This article is informational only. Requirements vary by case.