Our Expertise
Managing a global workforce in Paraguay
Managing a workforce in Paraguay involves adhering to local employment laws and regulations. It's crucial for businesses to comply with the Labour Code and ensure alignment with social security and tax obligations under the Paraguayan Income Tax Law. TopSource Worldwide's expertise in global employment, payroll and HR solutions ensures that businesses can effectively manage their workforce in Paraguay.
Extensive expertise
Our team of experienced, knowledgeable staff collectively provide up-to-date employment information across 180 countries, so you can always get accurate advice.
Entity-free employment
Feel free to hire employees from all over the world without being weighed down by setting up entities, running complex payroll or recruiting a hiring team.
Payroll without hassle
Have the confidence that your staff will always be paid accurately and on time, so that you can focus on your core business activities and work towards your success.
Always-on support
Access helpful, relevant, personalised advice whenever you need it, along with expert-led recruitment policies and tried-and-tested HR best practices.
"With TopSource we were able to have employees hired or maintained in Nutreco without having to establish an entity in these countries for only 1-2 employees. I think most countries are covered by TopSource, so they can help us with almost all cases. Good advice on conditions and direct contact with employees. Invoicing done directly to the company. An easy process compared to hiring employees by ourselves."
Annette van Duijnhoven
”We searched the market for a local payroll vendor in 2014 and we chose TopSource as our partner. We were looking for error-free and timely payroll processing and TopSource Worldwide delivers this, saving us time and money. We have worked together for 8 years now and would recommend them to anyone."
Praveen Lihinar
Personalised Employer of Record services in Paraguay
TopSource Worldwide provides personalised EOR services in Paraguay, catering to the specific needs of your business. This includes handling employee onboarding, payroll processing, tax compliance, and HR support, tailored to Paraguayan standards and regulations.
End-to-end Paraguay payroll services
Looking to expand into Paraguay? Our unparalleled expertise in global payroll services ensures that your business can seamlessly navigate the complexities of payroll on a global scale, supporting your Paraguayan expansion initiatives.
Global entity management
Venturing into the Paraguayan market can be both exciting and challenging. With distinct business regulations, cultural nuances, and economic landscapes, it's essential to have a clear roadmap for your business establishment journey.
Accounting
Whether your goal is to process your purchase-to-pay transactions with minimum errors or manage your expense claim procedure, our team of experts can handle your accounting responsibilities, allowing you to focus on your core business and save time and money.
Global EOR services
Managing a diverse global workforce can be complex. This is where TopSource steps in as an invaluable Employer of Record services partner for companies seeking to expand their global reach while ensuring compliance with local employment laws and regulations.
Global Expansion Simplified
How to do business in Paraguay
Entering the Paraguayan market presents a mix of excitement and challenges. Given unique business regulations, cultural intricacies, and economic dynamics, a well-defined roadmap is crucial for a successful business establishment.
TopSource Worldwide is with you at every stage. Whether it's navigating local regulations or facilitating seamless operational transitions, our expertise ensures a swift and efficient process for establishing your business in Paraguay.
Paraguay Insights
Key insights into Paraguay's landscape
VAT rates : Paraguay has a Value Added Tax (VAT) rate of 10%, with certain goods and services exempt.
Ease of Doing Business rank: Paraguay ranks 125th out 190 countries in the World Bank's Ease of Doing Business Index.
Consumer Confidence Index: As of 2023, Paraguay's Consumer Confidence Index was approximately 57.5.
Employee maternity/paternity leave: Maternity leave is 12 weeks, and paternity leave is not specified by law.
Employee termination period: Standard notice for termination is typically 30 days, but specifics may vary based on employment contract terms.
Employee salary pay date: Wages are commonly paid monthly, with specific pay dates outlined in employment contracts and subject to labour laws.
Bank holidays: Paraguay observes public holidays, including New Year's Day, Independence Day, and Christmas, with a total of around 11 public holidays in a year.
Our author
Mark Robbins
Global Sales Director
Mark is the Sales Director at Topsource Worldwide. He has been a pioneering figure in the global expansion space since 2013. He is the first salesperson to sell EOR services in Europe, a feat he accomplished in 2013.
Published 2023-11-14 00:00:00
Updated 2023-11-15 00:00:00
Reviewed by:
Adrian Cooney
Fact checked by:
Adrian Cooney
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