The neighboring market your company can reach next
A quick overview of Paraguay for Brazilian companies planning to expand into this market — and how ORBE coordinates that move through its network of local partners.
We help Brazilian companies set up and operate in Paraguay, with one point of contact from strategy to the first day of operations.
If your company is evaluating an operation in Paraguay, we help you understand the market, choose the right structure and map out the requirements to operate locally — company formation, tax registration, local address and the documents each step requires.
We coordinate the process with a trusted network of local partners — accountants, lawyers and specialized providers — so your team doesn't have to manage each supplier on its own, in another language and under another legal system.
With 19 years supporting companies in Brazil, ORBE helps your company start in Paraguay lean, validate the market and scale its structure as the operation grows.
A quick overview of Paraguay
Capital
Asunción is the capital of Paraguay, seat of government and the country's main economic and population center.
Currency
The Guaraní (PYG) is Paraguay's official currency, issued and regulated by the Central Bank of Paraguay.
Climate
Subtropical to tropical, with very hot and humid summers; a landlocked country, with drier regions in the Chaco area to the west.
Context, culture and fun facts before you arrive
About Paraguay
Paraguay is a presidential republic with around 7 million people, landlocked and located in the heart of South America.
It borders Brazil, Argentina and Bolivia, and is a founding member of Mercosur, alongside Brazil, Argentina and Uruguay.
Geography and regions
The Paraguay River divides the territory into two large areas: the Eastern Region, more populous and home to Asunción, and the sparsely populated Western Region (Chaco).
The Paraná River marks much of the border with Brazil and is home to the Itaipu Dam, a binational hydroelectric plant shared by the two countries.
Culture and people of Paraguay
Paraguay is officially bilingual: Spanish and Guaraní, the latter spoken by a large part of the population, including in urban and business settings.
Indigenous Guaraní culture has a strong presence in the national identity, alongside Spanish influences inherited from the colonial period.
Fun facts
The Itaipu Dam, shared with Brazil, is among the largest hydroelectric plants in the world by generating capacity.
The Triple Frontier between Paraguay, Brazil and Argentina (Ciudad del Este, Foz do Iguaçu and Puerto Iguazú) is one of the busiest cross-border trade regions in South America.
The country's simplified tax regime is often cited as one of its regional advantages for commercial operations.
National holidays
Paraguay observes fixed and movable national holidays, valid throughout the country.
| Holiday | Date | Type |
|---|---|---|
| New Year's Day | January 1 | Fixed |
| Heroes' Day | March 1 | Fixed |
| Good Friday | March or April (varies) | Movable |
| Labor Day | May 1 | Fixed |
| Independence Day | May 15 | Fixed |
| Chaco Peace Day | June 12 | Fixed |
| Founding of Asunción | August 15 | Fixed |
| Battle of Boquerón | September 29 | Fixed |
| Virgin of Caacupé | December 8 | Fixed |
| Christmas | December 25 | Fixed |
Keep this calendar in mind when planning administrative deadlines and business operations with local partners.
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