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Practice Area

\ Venture Capital

At Vouga we are aware that we are facing a dynamic and changing world. We constantly seek to boost our clients’ businesses in all areas.

Our experience has shown us that it is necessary to offer versatile, creative, and innovative solutions for entrepreneurs and the tech and venture capital ecosystem.

Therefore, our firm has created the first department specialized in Venture Capital matters (Vouga VCA) in Paraguay, the firm has been at the forefront in providing legal services in the matter for national and international investors, as well as entrepreneurs and startups.

Our interdisciplinary team composed by young and experienced lawyers provides personalized advice to our clients, in operations of all kinds and with the aim of developing and consolidating their investments, projects and businesses.

Although this department is characterized by adapting and understanding the special needs of our clients, among the services covered by this practice, we advise in:

  • Elaboration of basic documents for startups (NDAs, MOUs, etc.).
  • Incorporation of companies (EAS, SA, SRL) and shareholder agreements (SAFE agreements).
  • Structuring, negotiating and closing venture capital transactions, including preferred shares and convertible debt.
  • Financing operations at all stages of a startup, pre-seed, seed, early, growth, etc.
  • Formation of venture capital funds.
  • Advise to venture capital funds and angel investors.
  • Execution of investment and exit strategies.
  • Crowdfunding
  • Due Diligence processes.

Vouga VCA was created to enable our clients to overcome the obstacles they encounter when innovating.

“Some see risk as a reason not to try. Some see it as an obstacle to overcome. The risk is the same; to try or not depends on your perspective.”

\ Leaders



\ Carlos Vouga Zuccolillo


\ Rodolfo G. Vouga Z.


\ Cecilia Vera

\ Team

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\ 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.

\ Largest soft drink bottler, in adaptation of contracts to antitrust regulations

Assisted a major soft drinks company by analysing under competition law various clauses used in contracts with its clients, taking into account the soft drinks company´s high market share in Paraguay.

\ Publications

New requirements for registration as Insurance Brokers and Claims Adjusters
The Superintendence of Securities amended provisions of the General Regulation of the Securities Market regarding tariffs
The Superintendency of Securities regulates stock market advisory services in the General Regulations of the Securities Market.

\ Address
Juan de Salazar 657
Asunción – Paraguay

\ E-mail

\ Telephone
+595 21 202 049

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