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The COVID-19 pandemic caused unprecedented levels of disruption to the global travel industry. As this evolves, it is unclear what recovery looks like.

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Paraguay is a high-growth market offering a wealth of opportunities. The introduction in 2012 of compulsory statutory audits for local companies and a new requirement for personal income tax compliance are two areas in which we can support dynamic businesses and as a result we expect to grow rapidly over the next few years.

“Being part of Grant Thornton means we will benefit from the advantages that a strong global brand brings. At a crucial time when our country is also rapidly developing we are looking forward to evolving our firm and being part of this economic growth.”

Diego Licio

Partner - Head of Advisory

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