\ Corporate & Commercial Law
At Vouga Abogados we have a team specialized in corporate and commercial law that is widely recognized for having collaborated with a wide range of foreign investors in achieving their goals and developing their businesses in Paraguay.
This highly specialized team of professionals is recognized for their highest ethical standards and knowledge of the law.
With decades of experience, we have developed a deep understanding of the culture, values and needs of our corporate clients, advising them on a wide range of issues, including, but not limited to:
- Incorporation of commercial companies (S.A., S.R.L., Branches, etc.) and legal entities in general, such as foundations, public utility associations, restricted capacity associations, and others.
- Comprehensive advice in the corporate area, review and drafting of documents, agreements and contracts of corporate, commercial or civil nature.
- Preparation of opinions, answers to telephone or written inquiries, related to the normal or ordinary operations of the Client.
- Notices and information required on new laws, draft laws and relevant jurisprudential rulings, related to specific activities developed by the Client and all kinds of consultations related to the normal or ordinary operations of the Client.
- Advice to foreign investors on how to do business in Paraguay.
- Assistance in matters of corporate governance, integrity policies and corporate social responsibility.
- Advice on corporate reorganizations and/or restructuring processes, mergers, spin-offs, reduction of capital stock, liquidation and dissolution of companies, etc.
- Organization of ordinary and extraordinary shareholders' meetings, for amendments to bylaws, issuance of shares with or without share premium, meetings of the Board of Directors, drafting of minutes of meetings and boards of directors.
- Maintenance and management of corporate books and records.
- Communications, registrations, and updates before the General Directorate of Structures, Legal Entities, and Ultimate Beneficial Owners (DGEJPBF).
- Share Purchase and Sale Agreements, and completion of required corporate filings and communications.
- Negotiation, review and drafting of memorandums of understanding, letters of intent, collaboration agreements, confidentiality and non-competition agreements, shareholder agreements, service and consulting agreements, toll manufacturing agreements, joint venture and partnership agreements, agency, distribution, franchise and concession agreements.
- Assistance in structuring, documenting and executing credit facilities, e.g. secured and unsecured, committed and uncommitted credits, syndicated loans, asset-based loans.
- Negotiation, review and drafting of assignment of receivables and assumption of debt agreements.
- Advising on termination of contracts as well as enforcement of agreements and enforcement of security interests.
- Legal due diligence and compliance audits.
- Incorporation/constitution and restructuring of family companies.
- Representation and proceedings before different governmental or municipal agencies to obtain permits, authorizations and approvals.
\ Leaders
\ Largest soft drinks bottler, in contract restructuring during Covid-19
Advised the sole distributor of one of the world´s largest soft drink companies on the re-negotiation of several contracts with clients, particularly with those clients most affected by the pandemic, such as restaurants and bars.
\ World leader in personal care products, in regulatory matters
Advised a leading global company in personal care products analyzing the implications and legality, as well as the follow-up of the parliamentary process, of three bills presented in Congress through which it was intended to control the prices of products considered essential during the pandemic.
\ Paraguay Refrescos S.A. (PARESA)
We provided joint advice to an important soft drink company and the largest alcoholic beverage company in Paraguay, in the negotiation of an agreement for the joint transportation of their merchandise within the country.