Category: Blog

15 Sep 2020
A brief review of Corporation's (Sociedad Anonima) Obligations
Running a business is not a simple matter. Many businessmen prioritize and dedicate 100% of their resources and efforts to the commercial development of the business. This generally results in leaving for a second stage the fulfillment of legal obligations related to the management of a corporation (sociedad anónima). However, from the outset, it is...
03 Sep 2020
The Secretariat of Prevention of Money or Asset Laundry (as its acronym in Spanish “SEPRELAD”), is a governmental entity constituted as a Financial Intelligence Unit (FIU) of the Republic of Paraguay. SEPRELAD is in charge of regulating the obligations, actions, and procedures designed to prevent the use of the financial system and other sectors of...
24 Aug 2020
“Better safe than sorry” is a phrase that personally reminds me of my father, who has always provided me with a set of recommendations for many things. However, in several cases these recommendations were not implemented, and consequently, unfortunate events occurred. Although this may often happen to us in our private lives, companies often face...
17 Aug 2020
The Business Income Tax (or IRE, by its acronym in Spanish) was created by Law No. 6380/19 “Of Modernization and Simplification of the National Tax System,” and put into effect through Decree No. 2787/19. The new Tax is in force from 2020 for all taxpayers, with different effective dates according to the time of the...
10 Aug 2020
As a starting point, an “employer” is any person or entity that utilizes the services of one or more workers, in virtue of a labour contract¹. As an employer, there is an extensive list of obligations that you must fulfill to comply with the applicable labour norms. In this article, we will go through the...
03 Aug 2020
Incoterms
“Incoterms®” is a trademark of the International Chamber of Commerce (ICC) used to designate the set of rules created by the ICC, which is widely recognized as the world’s most prestigious business organization. The first appearance of these rules goes back to 1936, due to the rising necessity of adopting uniform international rules for trade....
13 Jul 2020
Registro de marcas y su importancia para la protección de tu empresa
Every business desires to become renowned and continuously grow. During the technological era, social media advertising and other means which are easily accessible and affordable become effective tools for small, medium and large businesses to gain acknowledgement. Now, for a business to successfully achieve its goal of becoming well-known, having an identifiable trademark¹ is key....
04 Jun 2020
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...
18 Feb 2020
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...
18 Feb 2020
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...