Paraguay - Establishing an OfficeParaguay - Establishing an Office
The government of Paraguay allows foreign companies to establish branches or subsidiaries. A legally authorized representative must head the branch office, and voting board members must have Paraguayan residency. The documents listed below must be authenticated by a notary public and the Paraguayan Consul in the country of the head office, and must be filed and recorded in the Commercial Public Registry within the Ministry of Industry and Commerce in Asuncion. The Sistema Unificado de Apertura y Cierre de Empresas - SUACE is the government’s single window for registering a company. The process takes about one month.
Documents required:
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
Documents required:
- The documents of incorporation and the by-laws of the company;
- A certificate from a duly authorized government official or the Chamber of Commerce in the country of headquarters, certifying the legitimacy of the head office in the country of origin;
- Minutes from a meeting of the Board of Directors which:
- Resolve to establish a branch office in the Republic of Paraguay;
- Assign nominal capital to the branch office (a minimum of $10,000 if related to export activities);
- Establish a domicile of the branch office in Paraguay;
- Designate the person or persons to manage the branch office; and
- Grant power to the person designated to manage the branch office.
- The legal instruments from the head office delegating management responsibilities in the subsidiary or branch office to the person or persons so designated.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.