Chambers Latin America
Legal 500
LATIN LAWYER
LEGAL 500
LATIN LAWYER
Berke Report
S&P Upgrades Paraguay to Investment Grade, Expanding Market Access
International rating agency Standard & Poor’s (S&P) Global Ratings has upgraded Paraguay’s sovereign credit rating to BBB-/A-3, officially granting the country Investment Grade status with a stable outlook. This milestone reinforces the momentum started by Moody’s in 2024, fulfilling the double investment grade threshold required by major institutional funds for
FOREIGN INVESTOR CERTIFICATE:
Advantages of the new Resolution 1052/25
On September 11, 2025, the Ministry of Industry and Commerce (MIC) issued Resolution No. 1052/25, which updates and strengthens the requirements and procedures for issuing the Foreign Investor Certificate (CIE) and repeals Resolution No. 236/19, dated February 14, 2019. Obtaining the CIE is a prior and fundamental step for foreigners
Boosting Competitiveness: New Regulations for MSMEs
The recent regulatory update that governs Law N° 4457/2012, amended by Law N° 7444/2025 and developed through Decree N° 4535/2025, marks a turning point in the Paraguayan business ecosystem. For the first time, our country has a comprehensive framework that not only promotes the formalization of micro, small, and medium-sized


















