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Fees and timelines in 2024

Fees

payment by instalmentParaguay business setup costs in Year 1 will amount to US$6,650 and annual company costs in Year 2 and thereafter will amount to US$0. The average fee per engagement amounts to US$12,850 including Paraguay company incorporation, corporate bank account setup, legal registered office and all government registration fees.

Different Paraguay entity types Cost Draft invoice
LLC US$12,850 View invoice PDF
PLC US$14,550 View invoice PDF
Branch US$15,450 View invoice PDF
Rep Office US$13,450 View invoice PDF
Fast business setup solution + 6 months tax reporting US$52,160 View invoice PDF
Paraguay LLC package US$35,760 View invoice PDF

Other fee considerations

Timelines

The average Paraguay company registration period is 21 weeks as outlined below:

Service LLC PLC Branch Rep office
Engagement planning 3 weeks 1 week 1 week 1 week
Company incorporation period 10 weeks 12 weeks 12 weeks 10 weeks
Bank account approval 4 weeks 4 weeks 4 weeks 4 weeks
Corporate internet banking approval 3 weeks 3 weeks 3 weeks 3 weeks
Engagement completion 1 week 1 week 1 week 1 week
Total engagement period 21 weeks 21 weeks 21 weeks 19 weeks

Paraguay business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Paraguay, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi