Paraguay

Ease of Doing Business in

Paraguay

This page summarizes Doing Business 2015 data for Paraguay. The first section presents the Ease of Doing Business rank (out of 189 economies) and the distance to frontier (DTF)** measure, overall and by topic. The second section summarizes the key indicators for each topic benchmarked against regional averages.

Economy Overview

 
Region Latin America & Caribbean
Income Category Lower middle income
Population 6,802,295
GNI Per Capita (US$) 4,040
City covered Asuncion
Doing Business 2015 Rank Doing Business 2014 Rank*** Change in Rank
92 92 0

Doing Business 2015 DTF** (% points) Doing Business 2014 DTF** (% points) Change in DTF** (% points)
62.50 61.61 down 0.89

Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2015 Rank 126 DB 2014 Rank*** 121 Change in Rank down-5
DB 2015 DTF** (% points) 77.52 DB 2014 DTF** (% points) 76.98 Change in DTF** (% points) up0.54

Information on new business density and number of newly created firms with limited liability can be found at Entrepreneurship Database.

Indicator Paraguay Latin America & Caribbean OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
7.0 8.3 4.8

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
35.0 30.1 9.2

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
39.9 31.1 3.4

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

View methodology
Paid-in min. capital (% of income per capita)
0.0 3.2 8.8
No. Procedure Time to Complete Associated Costs
1 Check the uniqueness of the proposed company name 1 day no charge
2 Draft the company deeds, signed by an attorney 5 days 1 - 3% of the paid-in capital stock of the company with minimum USD 600
3 Notarize the company deeds 3 days 0.75% or 2% of the paid-in capital stock of the Company, depending on the capital
4 Buy the company commercial books 1 day 22 USD (books) + USD 6.56 (Authorization of books)+ 0.21 USD (Employee registration, Ministry of Labor and Justice)
5 Submit registration documents at the single access window (SUAE) 25 days see comments
* 6 Publication of an extract of the bylaws in the Official Gazette and a newspaper 4 days (simultaneous with previous procedure) USD 19 Official Gazette + USD 133 newspaper
* 7 Municipality conducts an on site inspection 2 days, (simultaneous with procedure 5) no charge
* Takes place simultaneously with another procedure.

**The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

***Last year's rankings are adjusted. They are based on 10 topics and reflect data corrections.

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