Paraguay Employer of Record
Country Overview Video
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The Republic of Paraguay is a landlocked country in South America. It is bordered by Argentina, Brazil, and Bolivia and has a population of more than six million people. Asuncion the capital of Paraguay is one of oldest cities in South America. It is home of the CONMEBOL–a continental governing body of football in South America. Spanish is spoken by most of the population, while the indigenous Guaran is spoken by more than 90%. The economy of Paraguay is highly dependent on agriculture, especially soybeans. Paraguay is a founding member of the Mercosur common market with Brazil, Argentina, Uruguay and Venezuela among other associate’s State parties. Mercosur main objectives is to generate businesses, investment opportunities and trade preferences with the States’ members.