Decree No. 3525/20 extends the preventive isolation regime and Decree No. 3527/20 amending it
On April 9, 2020, the Executive Branch issued Decree No. 3525/20 (the “Decree”) extending the preventive isolation regime due to the health emergency caused by COVID-19, until April 19, 2020. The Decree will enter into force on April 13, and therefore Decree No. 3512/20 will...
Taxes on Dividends and Profits (“IDU” ) – Measures to preserve liquidity
In accordance with the Paraguayan Government’s economic approach that aims to assist companies in keeping as much cash as possible to face the economic difficulties generated by the health measures adopted against the Coronavirus pandemic (Covid-19), the Executive Branch and the Tax Authority (“SET”) regulated...
Measures to facilitate tax payments
The Paraguayan Government and the Tax Authority – the SET, issued Decrees No. 3457 and 3480, dated March 16 and 23, 2020, and SET Resolutions No. 46 and 47 dated March 20 and 23, 2020, the put forward a set of measures aimed at keeping...
Is COVID-19 a Force Majeure event?
The answer to this question will depend to a great extent with the terms of the relevant contract and the facts surrounding its performance by the parties. As we all know by now, the Coronavirus pandemic (COVID-19)[1] has had a major impact in the ability...
Review of judicial and procedural measures taken during the emergency
JUDICIAL MEASURES TAKEN DURING THE HEALTH EMERGENCY Within the framework of the health emergency ordered by the government due to the expansion of the Coronavirus (COVID-19), the Judicial Branch (“JB”) has adopted containment and prevention measures. The Arbitration and Mediation Center of Paraguay (“AMCP”) did...
Review of the labor provisions adopted during the emergency.
TRANSITORY PROVISIONS RENDERED BY THE MINISTRY OF LABOUR, EMPLOYMENT AND SOCIAL SECURITY Within the framework of the health emergency ordered by the Government due to the risk of expansion of the Coronavirus (COVID-19), the Ministry of Labor, Employment and Social Security (“MLESS”) has rendered some...
The Executive Branch enacted Law 6524/20 that Declares a State of National Emergency.
On Thursday March 26, 2020, the Executive Power enacted Law 6524/20 that Declares a State of National Emergency in the Territory. Below is the link to the Paraguayan Official Gazette where the full text of the Law is published: http://www.gacetaoficial.gov.py/index/detalle_publicacion/62474.
Preventive measure adopted by VOUGA ABOGADOS in relation with COVID-19.
In order to secure the wellbeing of its professionals and clients, and in compliance with the sanitary measures in force, VOUGA ABOGADOS suspended all on-site activities accordingly. Our offices will remain closed to the public from March 23rd until April 12th, 2020. The Firm has...
Coronavirus (COVID-19) – Measures adopted by the Government
Aiming to mitigate the spread of the COVID-19 virus, the Paraguayan Government adopted a series of containment and prevention measures, starting with the enactment of Executive Decree No. 3442, dated March 9, 2020, “By which preventive actions are to be implemented in view of the...