LATAM : Foreign Investors Survey 2017 ttitude Consulting
PARAGUAY
Greater Attractions
Interesting rules and policies for foreigners . Lowest taxes in the region . Stable macroeconomic policy ( the only country that did not change its currency since the 40 ’ s ). Severeign garanty for infrastructure funding . Growth since 2006 : 4 or 5 % per annum ( among the largest in the region ).
Political Risks ?
No . Some common and political tensions in the framework of a democratic regime .
Adequate Labor Laws ?
Yes . Lax labor regime ( low minimum wages and low demands ).
Adequate Transparency and Corruption Framework ?
Yes , but it lacks greater compliance with existent measures . Important anti-corruption rules by decree , creation of administrative institutions of prevention and repression , even through major national jurisprudence , based in turn on the rulings of the Inter-American Commission on Human Rights in transparency .
Suitable Fiscal Framework for Foreign Investment ?
Yes . Same treatment for foreign and domestic investments . Lower tax burden in the region . The maquila is an interesting regime ( production system by which companies located in Paraguay can produce goods and services for export ).
Proper Framework for Promotion and Mutual Investment Protection ?
Yes , especially for investments in public works . But legal certainty in Paraguay is not ideal ( permanent source of political debate and society in general ).
Advantages of Your country over Others in the Zone
Low tax pressure , macroeconomic stability , located next to Brazil ( broad market potential ). Stable institutions ( removal of the President in 2012 but succession with no harm to private property or human rights ).
Positive Medium Risk Negative www . attitude-consulting . com 28