Service to open a Tax ID in Paraguay.Why to be Tax Resident of Paraguay?
1) Territorial tax system: if you don't have any business related to Paraguay (money does not go through a Paraguayan bank and a Paraguayan IP address is not used when connecting to the internet), you don't pay VAT tax. If you are earning somewhere being a PY tax resident, then you technically have to pay 10% tax on net income. But Paraguay does not share tax information with anyone, so basically the gov doesn't know if you actually earn something somewhere or not.
2) If you are offering services from Paraguay — for example, as a digital nomad or AI servers service (or using a Paraguayan IP address on your devices) — and exporting those services to foreigners or foreign companies (non-residents of Paraguay), then you pay only 10% tax on net income.
3) If you apply to be part of the Maquila program — which consists of exporting services or goods to foreign companies from Paraguay (only 10% of your total business activity may be sold within Paraguay) — then you will pay only 1% on imports and 1% on export income.
4) If you are working in Paraguay and offer services or goods to Paraguayans, then you pay 10% VAT (except for pharmaceutical goods and basic food items such as milk, bread, oil, which will have a 5% VAT), + 8 to 10% tax on net income.
Tax ID in Paraguay is called RUC.
Price for the service : 250$ (but you need to have a residency in Paraguay)
