Multimodal Transport and its influence on the current economy
Many people will have heard more than one occasion talk about “Multimodal Transport”. Terms such as “logistics operator”, “freight forwarder”, “carrier”, “HBL” among others, emerge in the conversation when multimodal transport is concerned. In order to elucidate what is referred to with Multimodal Transport, let us begin by mentioning that it is the combination of […]
El Transporte Multimodal y su influencia en la economía actual
Muchos habrán escuchado en más de una ocasión hablar sobre el “Transporte Multimodal”. Términos como “operador logístico”, “transitario”, “porteador”, “HBL” entre otros, surgen en la conversación cuando a transporte multimodal se refiere. Con la finalidad de dilucidar a qué se hace referencia con Transporte Multimodal, comencemos por mencionar que es la combinación de diferentes medios […]
Reduction of legal reserve requirements: a convenient tool to face the COVID-19 crisis
In the framework of the health emergency, the Paraguayan Government has issued a series of financial measures with the purpose of collaborating with the current economy. In this sense, the reduction of the monetary policy rate, the changes in the legal reserve and the refinancing and restructuring of loans are some of the measures implemented […]
Reducción de encajes legales: una herramienta oportuna ante la crisis del COVID-19
En el marco de la emergencia sanitaria, el Gobierno Nacional ha dictado una serie de medidas financieras tendientes a colaborar con la economía actual. En ese sentido, la reducción de la tasa de la política monetaria, los cambios en el encaje legal y el refinanciamiento y reestructuración de créditos, son algunas de las medidas que […]
COVID-19 y suspensión de los contratos de trabajo: ¿un punto intermedio?
Muchos se preguntan: ¿Qué pueden hacer las empresas que tienen trabajadores a cargo ante el golpe económico causado por las medidas excepcionales, sanitarias y preventivas de carácter obligatorio dictadas por el Gobierno Nacional en el marco de le emergencia sanitaria declarada ante el riesgo de expansión del COVID-19? Como respuesta a la interrogante, encontramos […]
Differences between the electronic signature and the digital signature
The constant evolution and growth of electronic operations in the national and international context is an undeniable reality. Consequently, there is an imperative necessity to have technical mechanisms that allow for a real identification of the parties that interact in electronic operations, and that grants a reliable accreditation of their manifestation of intention in the […]
The enforcement of arbitral awards in Paraguay and its importance for business
Arbitration is an ideal dispute resolution mechanism for businesses. This is even more so when these are performed in the international sphere in which legal certainty is an essential factor. Many may question, however, how safe the stage of enforcing an arbitral award is, and how enforceable an award can be considering that it was […]
Labour Law Compliance: Labour Certificate
By Ministerial Resolution N.° 3109/19, the Ministry of Labor, Employment, and Social Security created the “Certificate of Labor or Certificate of Labor Compliance” -CCL for its Spanish initials-. The CCL replaces the companies’ records of inscriptions and the records of being up to date with the filing of the payroll spreadsheets and reflects and ensures […]
Maquila Regime in Paraguay
The ‘maquila regime’ is regulated by Law N.° 1064/97. Through this regime, investors may temporarily introduce goods, products, or services into the country so that they can be installed, repaired, or processed for their subsequent exportation, once the added value of the “Paraguayan element” is incorporated. Paraguay is an attractive place to install a ‘maquila’. […]
Régimen maquila en Paraguay
El régimen de la maquila está regulado por la Ley N.° 1064/97. A través de este régimen, los inversionistas pueden introducir temporalmente bienes, productos o servicios en el país para que puedan ser montados, reparados o procesados para su posterior exportación, una vez incorporado el valor agregado o el “elemento paraguayo”. Paraguay ha sido reconocido […]