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    Nomad Tax Help

    For travelling founders

    Paraguay residency and business setup for travelling founders.

    Get personal guidance on your residency, company and banking arrangements, with a team to prepare your Paraguay application and coordinate the ongoing administration.

    Start with the business you already run.

    Your personal residence, company and bank accounts each have a job to do. We look at them together before recommending what to change. Bring your current company structure, where you work and how customers pay you to the first conversation.

    Premium+ brings residency applications, US LLC formation, banking application assistance and first-year accounting support into one coordinated service. If you already have a company or accounts, we review those first and confirm the work in your proposal.

    Discuss your setup with Felix
    Felix, co-founder of Nomad Tax Help
    Discuss your existing arrangements directly with Felix.

    Three decisions to make before opening another company.

    1. Your personal position

      Where will you live and carry out your work? What homes, family or employment ties will remain? Establish the personal tax analysis before assuming a new company changes it.

    2. Your business structure

      Review ownership, contracts, customers, staff and existing filing obligations. Formation is only one part of the decision. A US LLC is not automatically the right answer for every founder.

    3. Your banking needs

      Identify the currencies, payment providers and accounts your business needs. Applications must reflect your real residence, activity and business details. Each provider makes its own approval decision.

    Felix’s explanation of the service starts with what happens beyond the residency card: invoicing, receiving money, personal spending and keeping records. See how those responsibilities fit into Premium+.

    Keep the filing work visible.

    The package includes first-year basic Paraguay accounting support and a US filing concierge. Confirm the required returns, supporting records and responsible preparer for your own structure before work starts.

    For example, certain foreign-owned US disregarded entities must file Form 5472 with a pro forma Form 1120 when the reporting rules apply. Having no US income tax due does not, by itself, remove reporting duties. IRS filing instructions.

    Read the Paraguay and US LLC guide for the distinction between your company, your personal residence and your filings.

    Your income and travel determine the tax assessment.

    Paraguay’s personal income tax applies to Paraguayan-source income. Genuinely foreign-source income falls outside that territorial scope. The assessment depends on the facts of the activity, including where work takes place, not just the location of your customer or bank account.

    We discuss your existing tax position alongside the Paraguay setup. Where a home-country opinion is needed, specialist advice is scoped separately. This service is intended for non-US clients; US citizens and green card holders need a different analysis.

    DNIT’s personal income tax guidance · Our tax-residency guide

    Premium+ done-for-you service

    Preparation, local support and first-year administration.

    Residency and tax-documentation coordination; document pre-check; local appointment assistance; US LLC formation and banking applications; basic Paraguay accounting and US filing support; two consultations with Felix, a client portal and WhatsApp group.

    Read the full service scope and confirm what applies to your existing arrangements.

    Continue your research.

    Business and personal bankingWhat providers need to assess an application.Choosing a residency providerCompare written scope, delivery and costs.Planning a travelling lifestyleVisits, employment and maintaining your residency.Meet the people behind NTHFelix’s story and how the service is delivered.

    Prepared by Nomad Tax Help. Service details and linked official guidance checked 6 November 2026.

    Talk through your own setup.

    Tell Felix about your plans, your income and what you already have in place. You’ll discuss the service scope and costs before deciding whether to proceed.

    Discuss your setup with Felix

    Short application, then a service consultation for eligible applicants. No masterclass purchase required.