BKM | Berkemeyer‘s tax department is a market leader, recognised for its outstanding expertise in the space, working with a diverse clientele, including businesses, non-profit organisations, individuals, trustees, high-net-worth families and fiduciaries. Led by seasoned professionals Federico Valinotti and Luciano Antonelli, the team excels in cross-border transactions and a wide array of tax matters. Valinotti specialises in international investments, cross-border transactions and sophisticated tax planning for M&A and restructurings. His extensive experience spans various industries, such as private equity, healthcare, finance and telecoms. Antonelli, a corporate tax expert with extensive experience, has advised prominent multinational companies and specialises in M&A.

Ferrere ‘s tax practice group has become a prominent leader in Paraguay’s legal sector, offering outstanding expertise to both local and multinational clients. The group provides advice on tax structures as well as local and cross-border transactions. It has worked across diverse industries such as tech, mining and finance, serving global clients like Netflix and Disney. Led by seasoned professionals Néstor Loizaga and Erika Bañuelos, it is actively involved in major projects, including transfer pricing, tax treaties, and mining ventures. It also navigates complex regulatory frameworks, including crypto asset guidelines, and participates in investment promotion laws. Loizaga specialises in tax matters related to investment frameworks, mergers and acquisitions, and corporate structures for local and international clients. Bañuelos, known for her role in high-profile transactions, also brings litigation experience from the Tax Administration. Associates María Julia Méndez and Tanya Moreno add further strength with their expertise in tax planning, customs and day-to-day operations.

Vouga Abogados’s tax department excels in tax advisory, providing expert guidance to both national and international clients on complex fiscal matters. The team is deeply involved in major projects, including Paraguay’s largest private investment under the free trade zone framework and the landmark Banco Atlas-Banco Familiar merger. Beyond corporate taxation, the department offers in-depth expertise in transfer pricing, tax treaties, carbon credit regulations and electronic invoicing. Practice head Rodolfo Vouga is a distinguished tax specialist, advising multinational clients across various industries and playing a pivotal role in high-profile transactions. Rodolfo G Vouga is particularly recognised for his proficiency in cross-border taxation, M&A and foreign investment incentives. Andrés Vera, co-leading the practice, excels in tax efficiency, corporate restructurings and major acquisitions. Horacio Sánchez, also co-leading, focuses on large-scale private investments and investment fund taxation.

The tax team at Mascareño Vargas - Asesores specialises in corporate tax structuring, international tax planning, M&A, transfer pricing and dispute resolution. Mauro Mascareño is a seasoned expert in tax policy and corporate finance. Carlos Vargas Bordozo, a national and international tax law expert, leads corporate tax advisory, business reorganisations and investment projects, particularly for tech and e-commerce firms. Rodrigo Gómez Sánchez, an authority in M&A, financing and regulatory compliance, advises tech and infrastructure companies across Paraguay and the region.

Peroni Sosa Tellechea Burt & Narvaja’s tax team combines legal and financial expertise to provide comprehensive support in both advisory and contentious matters. The group assists clients with tax-efficient corporate structures, international taxation and regulatory compliance, while also achieving favourable outcomes in audits and litigation. Led by Horacio Peroni and Juan Carlos Boggino, the team has been instrumental in structuring major transactions and securing significant tax recoveries for its clients. Peroni specialises in international taxation, transfer pricing and corporate tax structures, frequently advising on tax disputes involving double tax treaties, income tax and VAT. Boggino is an expert in customs duties, double tax treaties, transfer pricing and VAT disputes.