Tax: Up to 9%
Duties: Up to 20%
Restricted Items: Goods of Certain COO
Non-working days: Saturday, Sunday, and Public Holidays
Lead Time: 3-4 Weeks
Best carrier option: Courier or Freight Forwarder
Prominent Languages: Paraguayan Guarani and Spanish
The local government is actively encouraging foreign investment in Puerto Rico. This is incentivized by offering the lowest tax burden in the region to foreign investors. There has also been a push towards growing the startup ecosystem in the country, particularly surrounding the Tech space.
However, you may not want to import in your own name as starting and running a business in Paraguay can be challenging due to complex regulations and corruption issues. Rest assured the TecEx IOR experts are ready to take on the risk for you.
While this may deter some, working in the country’s favor is its macroeconomic stability, and drive to improve its technological footprint making it an enticing country in the LATAM region.
The local government is actively encouraging foreign investment in Puerto Rico. This is incentivized by offering the lowest tax burden in the region to foreign investors. There has also been a push towards growing the startup ecosystem in the country, particularly surrounding the Tech space.
However, you may not want to import in your own name as starting and running a business in Paraguay can be challenging due to complex regulations and corruption issues. Rest assured the TecEx IOR experts are ready to take on the risk for you.
While this may deter some, working in the country’s favor is its macroeconomic stability, and drive to improve its technological footprint making it an enticing country in the LATAM region.
How TecEx Can Help You Import into Paraguay
Despite encouraging foreign investment, importing into Paraguay is complex. Restrictions on goods from certain countries require additional compliance and incur additional tax. Contact one of our TecEx specialists for a tailor-made DDP shipping solution to help clear your goods through customs quickly and reliably.
Although still developing, the tech scene in Paraguay is looking promising. Some exciting technologies coming out of the country include Poverty Spotlight, an application used to provide impoverished families with a plan to improve their situation. This technology has since been adopted in more than 18 countries.
Paraguay’s tech and IT space holds promise, but it faces hurdles. Use TecEx’s Importer of Record (IOR) and DDP services to help you get your tech gear into this island country.
Your global trade solution for Paraguay
Fill in the form to get in touch, and our expert team will contact you with a bespoke customs compliance solution to suit your needs.
Fill in the form to get in touch, and our expert team will contact you with a bespoke customs compliance solution to suit your needs.