Types of Companies in Paraguay (2026): EAS, S.R.L. & S.A.

Choosing the company type is the first decision when you set up a business in Paraguay. It decides how many shareholders you need, how the company is managed and how easily you can bring in investors. Paraguay is a founding member of MERCOSUR, and all three common types allow 100% foreign ownership, with no Paraguayan shareholder required.

1. EAS (Empresa por Acciones Simplificadas)

The EAS was created by Law 6480/2020 and is the most common and recommended structure for foreign founders.

• It can have one shareholder (a person or a company). A single-person EAS adds “Unipersonal” to its name.
• There is no minimum capital. The capital must be fully subscribed when the company is formed.
• Shareholders are liable only up to their contributions.
• The bylaws are flexible, and a board is optional. The company needs a legal representative.
• It is opened, changed and closed only through SUACE (eas.mic.gov.py). The online filing is signed with the electronic identity of the main legal representative, who must be Paraguayan or hold a Paraguayan ID (cédula).

2. S.R.L. (Sociedad de Responsabilidad Limitada)

• From 2 to 25 partners, people or companies, Paraguayan or foreign.
• The capital is divided into quotas, not shares, and there is no minimum capital.
• Partners are liable only up to their contributions.
• It is managed by one or more managers (gerentes), who may or may not be partners.
• Bringing in a new partner means amending the company contract, so it suits closed, stable ownership.

3. S.A. (Sociedad Anónima)

• At least 2 shareholders, with no maximum.
• The capital is divided into shares that can be transferred more freely.
• It is managed by a board of directors elected by the shareholders’ meeting, with more corporate formalities.
• It suits larger companies, joint ventures and businesses that expect outside investors.

Comparison

Which type should a foreign founder choose?

Most foreign founders choose the EAS: one shareholder is enough, there is no minimum capital and the bylaws are flexible. Choose an S.A. if you expect several investors or plan to raise capital, and an S.R.L. if you have a small group of partners who will not change. Whatever the type, the company needs a legal representative, and in practice banks and the tax authority expect that person to hold a Paraguayan cédula.

How a company is set up in Paraguay

1. Choose the company type. Most foreign founders use the EAS.
2. Check that the company name is available.
3. If the shareholders are abroad, sign a power of attorney, apostilled and, if needed, translated into Spanish.
4. Prepare the bylaws (for an S.A. or S.R.L., before a notary).
5. File the company through SUACE, the government’s one-stop company system, and publish the incorporation notice.
6. Get the RUC from the DNIT, the national tax authority.
7. Obtain the company books, municipal licenses and the employer registrations (IPS and the Ministry of Labor) if you will hire.
8. Open a corporate bank account.

Full guide: how to set up a company in Paraguay.

FAQ

Can a foreigner own 100% of a Paraguayan company?

Yes. The EAS, S.R.L. and S.A. can all be fully foreign-owned, and no Paraguayan shareholder is required.

Is there a minimum capital?

No. None of the three types has a legal minimum capital, although the capital should match the planned activity.

Can one person own a company?

Yes, through an EAS. The S.R.L. and the S.A. need at least two partners or shareholders.

Get help from Easyco

Easyco coordinates the company setup in Paraguay up to the issue of the RUC, and supports companies afterwards with tax, accounting, payroll and company compliance, including a registered office address. Contact us to discuss your project.

• Company setup in Paraguay, up to the issue of the RUC
• Tax and accounting
• Payroll
• Company compliance, including a registered office address