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We advice on the organization, or function of all types of non profit services contemplated in the Paraguayan law. These organizations enjoy benefits and exoneration of taxes in Paraguay. The Paraguayan Law About Non Profit Organizations They may be civil organizations, that don’t search for benefits, but the common wellbeing. They are known as private organizations of development. Also the Non Profit Organizations of wellbeing; Associations with restricted capacity, foundations, universities, Churches and religious confessions, clubs, syndications, employees associations, and more. They all must search for the wellbeing and not the profit, and if they are any excesses or utilities they must be destined to public benefits. Tax Exemptions to Non Profit Organizations According to the Paraguayan law they enjoy several tax exemptions and exonerations, under some conditions; the most important is the non profit one. Special tax facilities systems for educational organizations The education is highly promoted by the Government and the National Constitution of the country, and under the terms of looking for educational purposes and not benefits; they are exempted and exonerated of taxes in Paraguay. |