Ministerio de Industria y Comercio de Paraguay

Name

Ministerio de Industria y Comercio de Paraguay

Legal name

Ministerio de Industria y Comercio de Paraguay

Website

https://mic.gov.py

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Short description

Ministerio de Industria y Comercio de Paraguay is the government ministry responsible for industry, commerce, services, and Mipyme policy, operating digital platforms (SUACE, VUE, REPSE) to facilitate business registration, export procedures, service provider formalization, investment promotion, and MSME support across Paraguay.

Ownership category

akta.pro rank

Product category

Government Trade and Industry Services

NAICS

Executive, Legislative, and Other General Government Support (921), Public Administration (92), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (926150)

SIC

Foreign Governments (8888)

akta.pro primary industry

Trade, Industry & Economic Development Administration (BPAIAAAL)

akta.pro secondary industries

Central Government Policy, Strategy & Performance (incl. OMB-style functions) (BPAIAAAB), Digital Development & ICT4D / GovTech Technical Assistance (BPADAEAL), Governance, Public Financial Management & Service Delivery Reform (BPADAEAD)

Keywords

• Industrial development policy
• Trade facilitation services
• Export promotion
• Investment promotion
• SME formalization

Headquarters

HQ city

Asunción

HQ country

Paraguay

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Government Budget Allocation: The ministry operates as a government institution funded through annual national budget allocations from taxpayer revenues.
2. Industrial Incentive Programs: The ministry administers various fiscal incentive regimes including Maquila, Raw Material Regime, Law 60/90 investment incentives, and free zone regimes that generate economic activity and tax revenues.
3. Free Public Services: Core services including REPSE registration, business registration via SUACE, export certificates via VUE are provided free of charge to citizens and businesses.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

The Ministerio de Industria y Comercio de Paraguay (MIC) is a government ministry that regulates and facilitates industrial development, commerce, services, and micro/small/medium enterprise support in Paraguay. It operates digital platforms for business registration (SUACE), export procedures (VUE), and service provider formalization (REPSE), administers fiscal incentive regimes including Maquila and free zones, and runs investment promotion through REDIEX to attract foreign capital.

Product overview

Ministerio de Industria y Comercio de Paraguay operates a platform-based portfolio of products and services focused on industry promotion, commerce facilitation, and Mipymes support. The core digital infrastructure includes REPSE (services provider registry), VUE (export single window), and SUACE (company registration system), supplemented by programs like PFAM (market access formalization), PCM (competitiveness), Hambre Cero (food security), and the Maquila regime. The ministry also manages REDIEX for investment promotion, the Cédula Mipymes digital ID, and recently launched Validador PY and REPSE 2.0 for enhanced digital formalization services.

Differentiator

Problem solved

Functional benefit

Brands

• REDIEX: Red de Inversiones y Exportaciones - Investment and export promotion network
• MIPYMES
• MAQUILA
• SUACE
• VUE
• REPSE
• Sello Integridad

Products and services

• REPSE (Registro de Prestadores de Servicios) Official registry for service providers in Paraguay, established to promote and formalize the services trade. Free online registration with 48-hour processing time and 2-year validity, contributing to over 50% of national GDP.
• VUE (Ventanilla Única de Exportaciones) Single window system enabling certificate of origin issuance, origin verification, and management of export documentation for Paraguayan exporters.
• SUACE (Sistema Unificado de Apertura y Cierre de Empresas) Unified system for company opening and closure procedures, integrated with the National Migration Directorate to streamline business registration and foreign investor permanent residence in 10-15 business days.
• Régimen de Maquila Maquila fiscal incentive regime for manufacturing and export-oriented production, generating over 30,690 direct jobs and USD 717 million in exports during the first half of 2026.
• REDIEX (Red de Inversiones y Exportaciones) Investment and export promotion network providing market intelligence, investor facilitation, and trade promotion services to foreign companies seeking to establish operations in Paraguay.
• Cédula Mipymes Digital identification tool for Mipymes enabling interoperability between government institutions and simplified access to government services, benefits, and financing programs.
• Validador PY Digital platform enabling citizens, organizations, and entities to verify the authenticity of electronic signatures and certificates in an agile and reliable manner.
• REPSE 2.0 Updated version of the Services Providers Registry with enhanced digital verification and validation capabilities for service provider formalization.
• Programa Hambre Cero Government program supporting Mipymes in food production and supply, connecting small producers with institutional markets and promoting food security.
• Programa de Formalización para Acceso a Mercados (PFAM) Program providing capital goods, technical assistance, and benefits to micro, small, and medium enterprises to facilitate market access and formalization.
• Programa de Competitividad de Mipymes (PCM) Competitiveness program supporting Mipyme development and business growth through technical assistance and capacity building.
• Sello Integridad Integrity seal certification for companies committed to preventing corruption, developed in partnership with the Comptroller General's Office under a trilateral cooperation project with Brazil and Germany.
• Centros SBDC (Small Business Development Centers) Business development centers providing advisory and support services to micro, small, and medium enterprises, having supported over 880 Mipymes and mobilized Gs. 13.350 million in capital during the first half of 2026.
• Plan de Desarrollo Industrial Industrial development plan based on territorial planning, productivity, and quality, focusing on development of industrial poles and specialized human capital formation.

Quantifiable outcome

• Over 21,000 service providers formalized through REPSE
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Instituto de Previsión Social (IPS)coreStrategic or Co-development PartnerCollaboration to promote Mipyme formalization and expand social protection for entrepreneurs and workers. Joint agenda includes technology integration, data exchange, and Cédula Mipymes interoperability.
• REDIEX - Red de Inversiones y ExportacionescoreOthersInternal agency of MIC responsible for investment promotion and export development. Handles investor outreach, market intelligence, and trade facilitation.
• SUACE - Sistema Unificado de Apertura y Cierre de EmpresascoreOthersJoint system with Dirección Nacional de Migraciones for simplified business registration and foreign investor residency, reducing process to 10-15 business days.
• SENATUR - Secretaría Nacional de TurismominorStrategic or Co-development PartnerCollaboration to promote Mipyme formalization in the tourism sector, including incentives for tourism-related businesses.
• Banco Interamericano de Desarrollo (BID)minorStrategic or Co-development PartnerJoint study on competitiveness of Paraguayan metallurgical industry and analysis of Mercosur-EU agreement opportunities.
• ONUDI - Organización de las Naciones Unidas para el Desarrollo IndustrialminorStrategic or Co-development PartnerCollaboration with the EU and MIC on National Quality Policy update workshop to strengthen competitiveness and exports.
• ALADI - Asociación Latinoamericana de IntegraciónminorStrategic or Co-development PartnerFree training programs on services trade with emphasis on cross-border e-commerce under the ALADI-PMDER project.
• CAF - Banco de Desarrollo de América LatinaminorStrategic or Co-development PartnerCollaboration on industrial development plan presentation based on territorial planning, productivity, and quality.
• INTI - Instituto Nacional de Tecnología Industrial (Argentina)minorStrategic or Co-development PartnerTechnical cooperation to evaluate productivity improvements application in Paraguayan Mipymes.
• RÖDL (International Professional Services Firm)minorGTM or Marketing PartnerExploring opportunities to open a regional office in Asunción for auditing, accounting, tax advisory, and corporate services for European companies.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• InvestChile: Chile's foreign investment promotion agency. Direct functional counterpart to REDIEX, providing investor services, market intelligence, and facilitation — with Chile often cited as the regional benchmark MIC aspires to.
• ProColombia: Colombia's trade promotion agency operating with a similar mandate to REDIEX — promoting non-traditional exports, attracting foreign investment, and providing market intelligence to exporters and investors.
• APEX-Brasil (Agência Brasileira de Promoção de Exportações e Investimentos): Brazil's trade and investment promotion agency, directly comparable to MIC's REDIEX network. Both organizations focus on export facilitation, investor attraction, and promoting national brands internationally.
• Ministerio de Comercio Exterior y Turismo (MINCETUR) - Perú: Peru's ministry handling foreign trade promotion, tourism, and Mipyme support. Operates similar tools — export promotion (PromPerú), trade agreements, and SME formalization programs — making it a closely comparable peer in Latin American trade policy.
• Ministerio de Comercio, Industria y Turismo (MINCIT) - Colombia: Colombia's ministry managing trade, industry, and tourism with a comparable mandate around investment promotion, free zones, and Mipyme development. Provides similar digital service infrastructure and economic incentive regimes.

Broad incumbents

• Ministério do Desenvolvimento, Indústria, Comércio e Serviços (MDIC) - Brazil: Brazil's federal ministry responsible for industry, commerce, services, and foreign trade. Direct functional counterpart to MIC, operating maquila-equivalent regimes, trade promotion (APEX-Brasil), and Mipyme support programs across a much larger economy.
• Ministerio de Economía de Argentina: Argentina's federal economic ministry covering industry, trade, and Mipymes. A Mercosur counterpart with overlapping trade policy interests, particularly relevant given MIC's active trade missions to Argentina and bilateral industrial agenda.
• Secretaría de Economía (SE) - México: Mexico's federal economic ministry overseeing industry, commerce, foreign trade, and Mipyme competitiveness. Comparable mandate with significantly larger scale, providing a benchmark for digital trade facilitation and industrial policy.
• Ministerio de Economía, Fomento y Turismo - Chile: Chile's economic ministry combining industry, trade, and tourism functions. Operates InvestChile for FDI promotion and CORFO for Mipyme support, both functional equivalents to MIC's REDIEX and Viceministerio de Mipymes.

Others

• UNCTAD (United Nations Conference on Trade and Development): UN agency focused on trade, investment, and development for emerging economies. MIC partners with UNCTAD-aligned bodies (ALADI, ONUDI) and its policy frameworks shape MIC's trade and investment promotion strategy.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/micparaguay

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ministerio de Industria y Comercio de Paraguay