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Paraguay Tax Information

10% IVA

IVA is 10% standard, 5% reduced. Low corporate tax at 10%. RUC required.

Bookkeeper Services to Invoice

  • Monthly bookkeeping
  • Bank reconciliation
  • Accounts payable
  • Accounts receivable
  • Payroll support
  • Financial reports
  • Catch-up bookkeeping

Invoice Requirements in Paraguay

RUC number
SET registration
Client RUC
Invoice number
IVA (10%)
Total in PYG

Payment Terms

Monthly retainer paid in advance. Catch-up projects 50% deposit.

Contado15 días30 díasCrédito

Payment Methods in Paraguay

Bank TransferBanco ContinentalItaúCredit CardCash

Bookkeeper Invoice Tips

  • Specify period covered
  • Include transaction count
  • Note software used
  • Reference deliverables
  • Document hours if applicable

Frequently Asked Questions

What tax rate applies to bookkeeper invoices in Paraguay?

Paraguay has 10% IVA. IVA is 10% standard, 5% reduced. Low corporate tax at 10%. RUC required.

What payment methods are common for bookkeepers in Paraguay?

Common payment methods in Paraguay include: Bank Transfer, Banco Continental, Itaú, Credit Card, Cash. Monthly retainer paid in advance. Catch-up projects 50% deposit.

What should bookkeeper invoices include in Paraguay?

Your invoice should include: RUC number, SET registration, Client RUC, Invoice number. For bookkeeper services specifically, also include: Monthly bookkeeping, Bank reconciliation, Accounts payable.

How to price bookkeeping?

Monthly flat fee based on transaction volume. $300-2000/month typical for small business.

Charge for catch-up work?

Hourly or per-month-behind rate. Catch-up is intensive work, price accordingly.

What is Paraguay's IVA rate?

Paraguay applies 10% IVA standard rate and 5% reduced rate for basic items. One of lowest in South America.