Paraguay (PY)

Jurisdiction Overview

IDQuestionAnswer
204 *Are Trusts available? BOTH: Domestic trust law and administration of foreign law trusts.
 Data Date: 2019

Notes

 
Only banks, financial entities and other service providers authorized by the Central Bank may be trustees of domestic law trusts (Article 19, Law 921/96).

Sources

http://www.step.org/recognition-foreign-trusts
 
GAFISUD 2008: 181; Law 921/96 of Fideicomisos