Directors’ Duties in Paraguay

>> Powers and Duties-Standard of Care in Paraguay

The Civil Code provides that company’s bylaws should describe the duties of directors. It does mention the following duties:

  • preparation of the Directors’ Report
  • calling of Shareholders’ Meetings

Latest version updated 4th April 2018

Country Breakdown

6.725

Million

Population

Gs

Paraguayan guaraní

Currency

$ 27.44

Billion

GDP

406,752

km2