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Globalpedia

Expand your global workforce in PyParaguay

globalpedia-hero-paraguay-1-copy.jpg

Population

6,109,644

Languages

1.

Spanish

2.

Guarani

Country Capital

Asunción

Currency

Guaraní (PYG)

EOR Default Thumbnail

Employer of Record in Paraguay.

G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in Paraguay. Your candidate is hired via G-P’ Paraguay PEO in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.

13Holidays per year
48hours per weekWorking hours per day or month
Payroll Default Thumbnail

Payroll in Paraguay.

Paraguay is a South American country that borders Brazil. One of the country’s landmarks, the Itaipu Dam on the Parana River, is co-owned by both Paraguay and Brazil. With a population of over 6 million and plenty of natural resources, Paraguay may be a great location for your company’s expansion.

Hiring in PyParaguay.

Your employees are your company’s most important asset. Recruiting and hiring the right Paraguay employees, then onboarding them successfully will ensure that your new location can work efficiently. However, it’s often difficult to focus on hiring when you’re running numerous company locations, learning Paraguay’s employment compliance laws, and more.

Compensation & Benefits in Paraguay.

When you start to consider hiring employees in Paraguay, you also need to create a strong compensation and benefits plan. Your employees may choose one position over another because of the salary and benefits, so your company needs to stand out. But it’s difficult to focus on just one area of your expansion when your attention is pulled in several different directions.

PYG2,680 per monthMinimum wage per month
12-30daysAnnual vacation leave (min)
globalpedia-hero-paraguay-1-copy.jpg

Paraguay Subsidiary.

Deciding to expand to Paraguay may have been an easy decision for your company to make, but the process will come with plenty of challenges. You need to think about everything from how you’ll set up your payroll to what kinds of supplemental benefits you’ll provide. On top of that, your company needs to learn and follow Paraguay’s subsidiary laws to stay compliant.

Work visas & permits in ParaguayTypes of work visasRequirements to obtain a visaApplication processImportant considerations

Paraguay Visas & Permits.

In recent years, Paraguay has emerged as one of the leading South American countries in economic development and industrial force. If you’re planning to take advantage of this growth by expanding to the country, you’ll need a workforce of dedicated employees. From learning how to get a work visa in Paraguay to ensuring that every employee has a work permit, compliance can take a significant amount of time and money.

Disclaimer

THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.

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