1. Statutory Foundation: What is an EAS in Paraguay?

Enacted in January 2020, Law No. 6480/2020 introduced the Empresa por Acciones Simplificadas (EAS) into Paraguay, fundamentally modernizing the nation's traditional corporate architecture.

An EAS is an independent legal entity where shareholder liability is strictly limited to capital contributions. Designed to provide a streamlined, digital-first commercial vehicle, it functions similarly to the SAS in Colombia and Uruguay, and the LLC in the United States.

Key Architectural Advantages:

Single or Multi-Member: Can be established by a single shareholder (individual or corporate, foreign or domestic) or multiple founders.
Private Bylaws: Can be executed via private document with signature certification, bypassing traditional notary deed costs.
No Minimum Statutory Capital: No excessive statutory capital lockup required.
Custom Governance: Founders can freely tailor voting classes, management powers, and share transfer restrictions.

2. Comparative Analysis: EAS vs. Traditional S.A. & S.R.L.

Prior to Law 6480, expanding into Paraguay required forming a traditional Sociedad Anónima (S.A.) or Sociedad de Responsabilidad Limitada (S.R.L.):

Criterion	EAS (Law 6480/20)	S.R.L.	S.A.
Shareholders	1 or more (sole shareholder allowed)	Minimum 2 partners	Minimum 2 shareholders
Formation Instrument	Private certified bylaws or notary deed	Mandatory public deed	Mandatory public deed
Filing Platform	SUACE Unified Digital Portal (MIC)	Public Registry of Commerce	Public Registry & Treasury Advocate
Processing Time	7 to 15 business days average	45 to 90 days	60 to 120 days
Liability	Limited to subscribed shares	Limited to social quotas	Limited to subscribed capital

3. Foreign Ownership & Statutory Representation

Under Paraguayan law, foreign non-resident individuals or foreign holding companies can own 100% of an EAS without local equity mandates.

However, specific local statutory requirements must be maintained:

Resident Legal Representative: The law requires at least one legal representative (director or general attorney-in-fact) holding a Paraguayan identity card or permanent residency to act before the tax authority (DNIT).
Registered Commercial Domicile: A genuine registered physical address in Paraguay for statutory notices and regulatory records.
Hague Apostille: Identity and corporate authorization documents executed abroad must be apostilled and officially translated in Paraguay.

4. Turnkey SUACE Filing & DNIT Tax Registration (RUC)

The incorporation workflow operates through the Unified System of Business Opening and Closing (SUACE), administered by the Ministry of Industry and Commerce (MIC):

Corporate Name Reservation: Validating trade name uniqueness in the official registry.
Bylaws Drafting: Tailoring share classes, corporate purpose, and administrative powers.
SUACE Digital Docket: Submitting verified identification and statutory filings.
Commercial Registration: Obtaining the official enrollment certificate from DGPEJBF.
Tax ID Issuance (RUC): The National Directorate of Tax Revenue (DNIT) issues the entity's active tax identification number.

5. The Cross-Border Dual Architecture: Paraguay EAS + U.S. LLC

For international software companies, consulting firms, and regional operators, pairing a Paraguay EAS with a U.S. LLC unlocks structural synergy:

Paraguay EAS (Operational Hub): Team payroll, physical office lease, local contractor billing, and Mercosur operations under territorial tax rules.
U.S. LLC (Commercial Rail): Direct USD invoicing, enterprise contracts under Delaware/Wyoming law, and integration with Stripe, Mercury, and global payment rails.

The Comprehensive Guide to Paraguay EAS: Law No. 6480/2020 for International Founders