Starting a business in Paraguay requires navigating various regulatory requirements. This guide provides detailed information on obtaining the necessary permits, licenses, and approvals to ensure compliance with both national and regional regulations.
General Business Registration
Before you can start your business operations in Paraguay, you need to complete the following initial registrations:
- Company Registration: Register your business with the Public Registry of Commerce (Registro Público de Comercio) to obtain a Certificate of Incorporation and a company registration number.
- Tax Registration: Register with the Undersecretariat of State for Taxation (Subsecretaría de Estado de Tributación, SET) to obtain a Taxpayer Identification Number (RUC) and, if applicable, a VAT registration.
- Social Security Registration: Register with the Social Security Institute (Instituto de Previsión Social, IPS) for employee social security contributions.
- Municipal Business License: Obtain a municipal business license from the relevant local municipality where your business will operate.
- Commercial License: Obtain a commercial license from the Ministry of Industry and Commerce (Ministerio de Industria y Comercio, MIC).
Industry-Specific Licenses
Certain industries in Paraguay require specific licenses and regulatory compliance:
- Financial Services: Financial institutions must obtain licenses from the Central Bank of Paraguay (Banco Central del Paraguay) and the National Securities Commission (Comisión Nacional de Valores).
- Healthcare: Healthcare providers need to be licensed by the Ministry of Public Health and Social Welfare (Ministerio de Salud Pública y Bienestar Social).
- Education: Private educational institutions require licensing from the Ministry of Education and Culture (Ministerio de Educación y Cultura).
- Food and Beverage: Businesses in this sector must comply with regulations from the National Institute of Food and Nutrition (Instituto Nacional de Alimentación y Nutrición) and obtain sanitary permits from the Ministry of Health.
- Construction: Construction companies need permits from the Ministry of Public Works and Communications (Ministerio de Obras Públicas y Comunicaciones) and local building authorities.
- Tourism and Hospitality: Hotels, restaurants, and other hospitality businesses must obtain permits from the National Secretariat of Tourism (Secretaría Nacional de Turismo, SENATUR).
- Telecommunications: Companies in this sector need licenses from the National Telecommunications Commission (Comisión Nacional de Telecomunicaciones, CONATEL).
- Import and Export: Businesses involved in import and export activities need to register with the National Customs Directorate (Dirección Nacional de Aduanas) and obtain the necessary permits from the Ministry of Industry and Commerce (MIC).
Environmental and Construction Permits
For businesses that impact the environment or engage in construction activities, the following permits are required:
- Environmental Impact Assessment (EIA): Required for projects that may significantly affect the environment, regulated by the Secretariat of the Environment (Secretaría del Ambiente, SEAM).
- Building Permits: Issued by local authorities for construction and development projects to ensure compliance with building codes and zoning laws.
- Fire Safety Certificate: Required for businesses to ensure compliance with fire safety regulations, issued by the local fire department.
Local and Regional Licensing
In addition to national regulations, local governments in Paraguay may have specific requirements:
- Local Business Permits: Required for various business activities within local municipalities, such as trading licenses and health permits.
- Signage Permits: Necessary for businesses that intend to install signs or billboards, regulated by local councils.
Navigating the Licensing Process
The process for obtaining the necessary business licenses in Paraguay involves several key steps:
- Identify the specific licenses and permits required for your business based on its activities and location.
- Prepare the necessary documentation, such as business plans, environmental assessments, and proof of compliance with local standards.
- Submit applications to the relevant government or local authorities.
- Pay the applicable fees for processing and issuance of licenses and permits.
- Comply with any inspections or additional requirements set forth by the licensing bodies.
- Receive your permits and licenses, ensuring to keep them updated with renewal requirements.