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Paraguay

South America · PY · 6 treaties

What is Paraguay's tax system?

Paraguay operates a territorial tax system. The top personal income tax rate is 10%, and the corporate tax rate is also 10%.

Tax profile

Corporate income tax 10%
Withholding — dividends 15%
Withholding — interest 0%
Withholding — royalties 15%
VAT / GST (standard) 10%
Personal income (top rate) 10%
Capital gains 8%
Tax system Territorial
Residency threshold 120 days
Exit / departure tax No
CFC rules No
Transfer pricing Oecd Aligned
Digital nomad visa No
Digital services tax none
Global minimum tax (Pillar 2) None

Common questions

What are the main tax rates in Paraguay?
Paraguay has a top personal income tax rate of 10%, a corporate tax rate of 10%, and a capital gains tax of 8%. The standard VAT rate is 10%.
How does Paraguay tax dividends?
Dividends are subject to a 15% withholding tax in Paraguay.
Can I get residency in Paraguay easily?
Residency in Paraguay is considered easy. A golden visa is available with a minimum investment of $40,000 USD.

Tax residency

Easy to leave

What makes you a tax resident — and how hard it is to stop being one.

Official guidance for individuals is based on presence and local registration/economic ties, not citizenship or domicile. That means tax residency is generally ended by ceasing the qualifying presence/ties and no official exit tax or multi-year tail is indicated in the provided official guidance.

Source: DNIT (Dirección Nacional de Ingresos Tributarios)

Tax treaty network (23)

In-force double-tax treaty partners. Treaty-reduced withholding (dividends / interest / royalties) shown where the official source publishes a rate; otherwise the country's statutory rate applies unless the treaty text provides a reduction.

PartnerDivIntRoy
Chile 15% 14% 14%
Spain 15% 10% 5%
Germany 15% 10% 5%
Qatar
United Arab Emirates
Uruguay 15% 12% 12%
Argentina 15% 12% 12%
Belgium 15% 12% 5%
Brazil 15% 15% 15%
Canada 15% 10% 10%
Czechia 15% 10% 10%
France 15% 10% 5%
Japan 15% 10% 10%
South Korea 15% 12% 12%
Mexico 10% 10% 10%
Netherlands 15% 10% 5%
Slovakia 15% 10% 10%
Taiwan 10% 10% 10%
Finland 15% 10% 10%
Sweden 15% 10% 10%
Switzerland 15% 10% 5%
United Kingdom 15% 12% 12%
United States of America 15% 12% 12%