Page 69 - TCL International VILLETA BUSINESS PLAN AND FEASABILITY STUDY

1. Relevant Country’s Statistics

The following statistics will provide the country’s unprecedented
growth in the last 10 years and the unique position that the country
has for the foreseeable future. Paraguay’s agricultural production
as well as cattle and meat production exports have been
expanding continuously.

Table 1: Income Tax in %

Corporate tax 10

Personal tax 10

Value added 10
tax

Source: REDIEX

The above rates are the lowest in the region.

Table 2: Imports and Exports

Year Imports Exports
US$ billion US$ billion
2004 3.0 4.4
2005 3.7 4.9
2006 4.9 6.0
2007 6.0 7.5
2008 8.7 9.7
2009 6.6 7.8
2010 9.6 10.5
2011 11.8 12.6
2012 10.1 11.7
2013 11.9 13.6
2014 12.1 13.1
2015 10.3 10.9
Source: Central Bank

Imports and exports have increased 3 times in10 years.

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