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...
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...
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...