Information about Paraguay Minimum wage and taxes.

The minimum wage in Paraguay has been determined as 2,192,839 Paraguayan Guaranis as of 2021. This fee is calculated on a gross basis. In Paraguay, the tax system is graduated based on monthly income. Income tax rates are as follows: - For incomes between 0 PYG and 3,964,000 PYG, the tax rate is 0%. - The tax rate for income between PYG 3,964,001 - PYG 7,928,000 is 8%. - The tax rate for income between PYG 7,928,001 - PYG 15,856,000 is 10%. - The tax rate for income between PYG 15,856,001 - PYG 31,712,000 is 12%. - The tax rate for income of 31,712,001 PYG and above is 15%. Additionally, value added tax (VAT) is applied in Paraguay. The standard VAT rate is 10%. However, different rates may apply for some products and services. It is useful to consult local authorities for up-to-date information on issues such as the tax system and minimum wage in Paraguay. This information is for general information purposes only and is subject to change.

What are the types of companies in Paraguay?

What are the documents required to establish a company in Paraguay?

Paraguay Economic information

How to get a Paraguay residence permit?

How to get a Paraguay work permit?

Information about Paraguay Minimum wage and taxes.

Paraguay What are the most used websites?

Detailed information about Education in Paraguay.

Salaries by professions in Paraguay

What is Paraguay's breakfast culture like?

What are the famous dishes of Paraguay?

What are Paraguayan Drinks?

Best football players of Paraguay

Paraguay Football teams

Paraguayan Artists

Largest companies in Paraguay

Paraguay Brands

Paraguay's most preferred car brand

Information about Paraguay Health system and insurance system.

Information about Paraguayan Dances.

Information about Paraguay Festivals.

Information about Paraguay Marriage.

Information about Paraguay Women.

Information about Paraguay Men.

Detailed information about religious beliefs in Paraguay.

Who are the Paraguayan Statesmen?

Paraguay Political parties

How did Paraguay Fashion develop?

Possible trading activities in Paraguay

Best universities in Paraguay

Best schools in Paraguay

What is the legal system of Paraguay?

The greatest events in Paraguayan History

Most popular sports in Paraguay

Information about Paraguay Military strength and army structure.

Products exported by Paraguay

Products imported by Paraguay

High technology products produced in Paraguay

Wars in which Paraguay participated

Paraguay's friendly and foe countries