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Payroll in Paraguay
Payroll in Paraguay runs in PYG on a monthly cycle, with statutory employer contributions and aguinaldo — 13th salary (dec). Gracemark operates it end-to-end — humans, not tickets.
Currency
PYG — Paraguayan guaraní
Payroll cycle
Monthly
Working week
48 hrs
Minimum wage
~₲2,899,000/mo
13th-month
Aguinaldo — 13th salary (Dec)
Employer cost
~16.5% (IPS)
Probation
Up to 2 months
Notice period
Severance-based
Two ways to run payroll in Paraguay
Own-entity payroll
For long-term presence in Paraguay. Gracemark manages statutory filings, pay runs, and year-end reporting under your entity — with a named operator on South America time.
EOR-run payroll
No entity in Paraguay? Employ and pay talent under Gracemark's local infrastructure via EOR — onboard in 2–3 weeks (eor), no local incorporation.
Compliance essentials in Paraguay
- Aguinaldo (13th salary) is mandatory and paid in December
- IPS social security is the core employer contribution
- Leave rises with length of service
- Young, cost-effective and growing labor force
- US Eastern-time overlap for nearshore roles
Get a payroll quote for Paraguay
Send your headcount and salary band. We reply with employer burden, net-to-gross, and setup timeline — no sales scripts.
Deeper guide
Hiring guide: Paraguay →
Employ without entity
EOR services →
All countries
Global payroll overview →