October 10, 2008
STANDARDIZED COMPANY
Legal Form: Corporation (Sociedad Anónima or SA)
City: Asuncion
Legal Form: Corporation (Sociedad Anónima or SA)
City: Asuncion
Registration Requirements courtesy of DoingBusiness (more detailed info here):
| No: | Procedure | Time to complete: | Cost to complete: |
|---|---|---|---|
| 1 | Check the uniqueness of the proposed company name | 1 day | no charge |
| 2 | Draft the company deeds, signed by an attorney | 5 days | 2 – 3% of the paid-in capital stock of the company with minimum USD 600 |
| 3 | Notarize the company deeds | 3 days | 0.75% or 2% of the paid-in capital stock of the Company, depending on the capital |
| 4 | Buy the company commercial books | 1 day | 22 USD |
| 5 | Submit registration documents at the single access window (SUAE) | 25 days | USD 5.47 (Registro Publico) + USD 5.47 (Registro de Personas Juridicas Asociaciones) + municipal license fee + USD 6.56 (authorization of books) + USD 0.21 (Inscripcion Patronal, Ministerio de Justicia y Trabajo) |
| 6* | Publication of an extract of the bylaws in the Official Gazette and a newspaper | 4 days, after registration with the Public Registry of Juridical Persons and Associations is completed | USD 16 Official Gazette + USD 133 newspaper |
| 7* | Municipality conducts an on site inspection | 2 days, simultaneous with procedure 5 | no charge |
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