Employer of Record in Paraguay
EOR PARAGUAY

Employer of Record

EMPLOYER OF RECORD

Employ is a trusted provider of Employer of Record in Paraguay solutions for businesses looking to expand in the Asia Pacific, Africa, Europe, and America, covering end-to-end employment services for the remote workforce. We specialize in Outsourced Payroll Services, Remote Staffing, and Visa Services. In addition, we bring a centralized approach to HR management, Payroll & Benefits, and Legal Compliance wherever your staff may be.

7.3 MILLION

total population in 2021

41.31 USD BILLION

expected GDP in 2023

Paraguay is a landlocked country in South America. Despite its population, it has a growing middle-class that represents 25% of its people. Expanding your business in Paraguay is a straightforward process. They welcome foreign investors to enter their market and you can start your operations within 10 weeks. Alternative energy sources and other agriculture are the main industries in the country. Its GDP is projected to trend around 39.2 USD Billion this year.

PUBLIC HOLIDAYS: 13

  • New Year’s Day- January 1
  • Day of Heroes – March 1
  • Maundy Thursday – varies
  • Good Friday – varies
  • Easter Sunday – varies
  • Labor Day  – May 1
  • Independence Day –  May 14
  • Mother’s Day – varies
  • Chaco Armistice Day – June 12
  • Founding of Asuncion – August 15
  • Boqueron Battle Victory Day – September 29
  • Virgin of Caacupe Day – December 8
  • Christmas Day – December 25

 

SOCIAL SECURITY AND TAXATION

  • Employer Contribution: 16.50%

MINIMUM WAGE

 1,824,055 Paraguayan guaraníes per month

WORK HOURS

8 hours a day

OVERTIME RATE

150% of the normal rate

PROBATIONARY PERIOD

3 months

ANNUAL LEAVE CREDITS

12 days

MATERNITY LEAVE

18 weeks

PATERNITY LEAVE

2 weeks

SICK LEAVE

up to 4 months

60% for 5 years or less

80% for 5-8 years

100% for more than 8 years

BONUSES

  • The 13th-month salary and Christmas bonus are mandated by law.  

*Info is not binding, may vary, and is provided only as an indication.

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