news

JANUARY 26. 2015

On January 23, 2015, the Paraguayan Government released the request for qualification (RFQ) for companies interested in investing in the expansion of international highways 2 and 7, which connect Paraguay with Brazil, under the Private Public Partnership (PPP) scheme.   ...

JANUARY 21. 2015

On January 20, 2015, the Paraguayan Executive Branch officially published Law 5393/2015 which addresses the rule of law applicable to international contracts (the "Law"), putting an end to a long-held debate on the subject matter within academic and professional circles ...

DECEMBER 01. 2014

“The Best-Kept Secret in South America” was the headline of a special report about Paraguay published by Business Outlook, part of TIME Magazine. Referring to Paraguay as “the jewel waiting to be discovered”, the article brings up valuable social and ...

OCTOBER 10. 2014

Products exports under the Maquila Regime increased 50% compared to the same period of last year. This represents an accumulated volume of 53% (January to September of this year), which surpasses by 14% the total exports recorded in 2013, according ...

AUGUST 28. 2014

Pursuant to the trend of growth and modernization, Paraguay has ratified last year the Apostille Convention which will be entering into force by the end of August 2014. Paraguay has taken an important step towards modernization by ratifying the Hague ...

AUGUST 27. 2014

Paraguay has recently issued sovereign bonds worth USD 1 Billion following a previous successful bond issuance worth USD 500 million in January 2013. This is the country’s largest-ever international issuance. With a positive outlook according to Moody’s, Paraguay’s economy is ...

AUGUST 11. 2014

Incorporated to the team with the purpose of strengthening our relationship with our clients in Brazil, Brazilian attorney Mariana Reis (mreis@vouga.com.py) is now part of Vouga. With professional experience in Tax and Corporate Law and a post-graduate degree in Financial and ...

JULY 28. 2014

On 21 May 2014 Law No. 5016/2014 was enacted, thus replacing the outdated regulation which was Decree No. 22094/47 “General Transit Regulation” in 1947, thus setting on equal footing the local regulation with it’s the one of its closest environment, ...

JULY 08. 2014

International Finance Corporation (IFC) has turned to Vouga Abogados in its granting of different loan facilities for a total amount of USD 97 million to several banks in Paraguay. Vouga Abogados has continuously assisted IFC in the granting of a ...

MAY 30. 2014

Vouga Abogados represents Archer Daniels Midland (ADM), a global leader in soybean trade and regional leader in the fertilizer business, in the sale of all of its assets connected to the fertilizer business in Paraguay to US company Mosaic. The ...

MAY 28. 2014

"According to economic indexes calculated by Germany’s IFO (Institute for Economic Research or Information und Forschung) and Brazil’s Fundação Getulio Vargas, Paraguay poses favourably on top of its regional neighbours with a score on its business climate index which amounts ...

MARCH 26. 2014

The Executive Branch announced days ago the 3 main investment projects which will be promoted under the Public-Private Partnership regime in Paraguay. With the enactment in the month of March of the Regulatory Decree of the Public-Private Partnership Law (Law ...

MARCH 05. 2014

Dear Friends,   We are pleased to announce the launch of Vouga Abogados new website., institutional brochure and newsletter.  In our site you may find updated information on business climate in Paraguay, updates on regulations, as well as the latest ...

FEBRUARY 04. 2014

Moody’s Investors Service has upgraded Paraguay’s government bond rating by one notch to Ba2 from Ba3, and changed the outlook to positive from stable.   According to Moody’s, the “decision to upgrade Paraguay’s rating was driven by the following factors: ...

NOVEMBER 27. 2013

Represented Equifax Inc., a global leader in information solutions, in a majority stake acquisition in Informconf S.A., Paraguay's dominant credit bureau with a market share of more than 90%. The deal represents one of the largest acquisitions of its kind ...

NOVEMBER 21. 2013

In your jurisdiction, can the acquisition of a domestic target limit the target’s use of existing tax attributes, such as net operating loss carry forwards or tax credits? Are there strategies or structures to preserve such attributes? No, in Paraguay ...







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