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Paraguay Tax Information

10% IVA

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

Illustrator Services to Invoice

  • Editorial illustration
  • Book illustration
  • Character design
  • Concept art
  • Pattern design
  • Icon illustration
  • Infographics

Invoice Requirements in Paraguay

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

Payment Terms

50% deposit, 50% on delivery. Licensing fees may be separate from creation fees.

Contado15 días30 díasCrédito

Payment Methods in Paraguay

Bank TransferBanco ContinentalItaúCredit CardCash

Illustrator Invoice Tips

  • Specify number of illustrations
  • Include complexity level
  • Note licensing terms
  • Reference style/mood boards
  • Document revision rounds

Frequently Asked Questions

What tax rate applies to illustrator 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 illustrators in Paraguay?

Common payment methods in Paraguay include: Bank Transfer, Banco Continental, Itaú, Credit Card, Cash. 50% deposit, 50% on delivery. Licensing fees may be separate from creation fees.

What should illustrator invoices include in Paraguay?

Your invoice should include: RUC number, SET registration, Client RUC, Invoice number. For illustrator services specifically, also include: Editorial illustration, Book illustration, Character design.

How should illustrators price their work?

Based on complexity, usage rights, and client type. Editorial rates differ from commercial.

What licensing terms should illustrators specify?

Define usage (print, digital, merchandise), duration, and exclusivity.

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.