Practice area

World Tax Reviews


Ferrere’s Asunción office has a strong tax department focused on tax structures to improve domestic and foreign operations. Its biggest strength in Paraguay is to represent international clients that want to invest in the country. In addition, the tax group is very active on advising clients on the recent regulation of personal income tax. Partner Néstor Loizaga is the managing partner and he is specialised on tax matters related to corporate structures and M&A transactions.  

During the research period, the team worked on different tax matters advising a large base of international clients. These included Voith Hydro, Copagra and Cargill Agropecuaria. An interesting mandate saw the firm representing the multinational company Wärtsilä on different tax issues, including analysis on the tax, customs and fluvial regulation and on the incorporation of a branch in Paraguay. 

Mersan Abogados

Founded in 1943, Mersan Abogados has grown to become one of the leading firms in Paraguay. It has a strong focus and reputation on tax matters. The tax group represents national and international multinationals and it provides services on tax planning, consultancy, tax litigation and tax incentives.  

Senior partner Carlos Mersán Galli is a key contact at the firm. The team includes senior partner Hugo Mersán Galli and partner Pablo Cheng Lu.