Paraguay has strong macroeconomic principles and that is why has become a great spot to conduct international trade activities.
To begin importing and exporting products for commercial purposes into Paraguay, you must register a legal entity and an electronic signature.
Any natural or legal person (such as a company) can register any of the eight types of legal entities existent in Paraguay.
After successfully registering a legal entity, you must register your commercial activities and your signature with DNA (Dirección Nacional de Aduanas).
IMPORT
The process to bring your products into Paraguay can be complex, and for that reason it’s wise to seek professional assistance locally.
The customs agent will advise you about import duties and will draft the Single Customs Document (Document Unico Aduanero, DUA) required to lift your merchandise. Your customs agent will also classify your merchandise according to the official nomenclature of your products, which is key to calculate tariffs and taxes.
Import tariffs
To lift your merchandise you will need to have paid applicable tariffs and taxes.
As a founding member of MERCOSUR, Paraguay applies the MERCOSUR’s Common External Tariff (CET) which ranges from 1% to 35%, depending on the type of goods.
Following MERCOSUR’s procedures, all merchandise imported into Paraguay is subject to CET by the customs authorities.
Import duties and taxes are calculated on the complete shipping value which includes the Cost, Insurance and Freight (CIF).
… to be continued…
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