Paraguay Corporate Income Tax
Detailed corporate income tax rates and rules for Paraguay in 2026.
Corporate TaxPYG
Paraguay imposes a flat 10% corporate income tax (IRACIS) on Paraguayan-source income. An additional 5% applies on dividend distributions (branch profit remittance for non-residents). Agricultural income is subject to a separate regime (IRAGRO) also at 10%. The combined rate on distributed profits is approximately 14.5%.
Standard Rate
10%
How Paraguay Corporate Tax compares
Paraguay’s corporate tax rate of 10% is the 180th highest of 203 countries TaxAtlas tracks, below the global average of 22.2% and South America’s regional average of 28.4%.
Paraguay
10%
South America average
28.4%
Global average
22.2%
