Starting a Business in Paraguay: A Land of Opportunities
Recently, entrepreneur Rodrigo Medina reaffirmed the importance of promoting entrepreneurship. In a key speech, he highlighted the need to support new ventures. This support must come from both public and private sectors. The goal is to increase the country’s economic development.
The Multiplier Effect of SMEs
If you decide to start a business in Paraguay, you join a vital sector. Small and medium-sized enterprises create most of the jobs today. These businesses have a multiplier effect on society. They grow quickly when they receive adequate support.
Public policies are essential for your success. These laws widely encourage the creation of companies throughout the country. The more companies there are, the more money will circulate in your pockets. A prosperous economy benefits everyone who chooses to invest here.
Key Factors for Your Success
Medina detailed the factors needed to start a business in Paraguay. These include inclusion, training, and technical education. Subsidized loans and start-up capital are also fundamental. Formalization and constant tutoring ensure your work lasts over time.
Remember an irrefutable fact about this nation. More than 80% of current jobs were created by entrepreneurs. This proves that well-managed entrepreneurship changes the face of a country. Many young Paraguayans are already launching their own start-ups.
Why Foreigners Choose Paraguay
At LIP, we look at this situation with great interest. We invite all foreign entrepreneurs to move and work here. You should not be afraid to work in a country that facilitates everything for you.
Remember that here you will enjoy a low 10% VAT rate. Also, you can use your professional qualification without local validation. Paraguay is a free, safe country full of opportunities. We wish you the best of luck in your new venture!
Phone: +15055816502
We have a single telephone number for both locations. The operational headquarters are located in Okland Park, Florida.
Contact and Global Offices
If you would like more information or wish to book your application for residency in Paraguay and your biometric ID card, please contact us. We are available 24/7 to provide you with a personalized quote.
- Europe Headquarters (Milan, Italy):
- Address: Via Montenapoleone 8, Milan.
- Phone: 02/30316868
- International Support (WhatsApp): +34 637388960
- Email: info@livinginparaguay.com
Our Offices in the United States:
- Operational Headquarters (Florida): 3681 NE 16th Ter, Oakland Park, FL 33334.
- New Mexico Office: 2201 Menaul Blvd NE STE A, Albuquerque, NM.
- USA Phone: +1 5055816502 (Single number for both locations).
