Discusses the legal requirements/options for joint venture/licensing in this market.
Last Published: 7/23/2019
Law 117/91, which guarantees national treatment to foreign firms, also regulates joint ventures.  Under the law, the government recognizes joint ventures established through formal legal contracts between the interested parties.

Licensing agreements are widely used for the local production of international brands.  Many foreign firms have licensing arrangements with local companies in the areas of apparel, toiletries and cosmetics, pharmaceuticals, processed foods, and video recordings.  Trademark infringement, especially of internationally recognized brands, is a major concern in Paraguay.

 
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.


More Information

Paraguay Business Management Legislation