Department profile
Vouga Abogados

Corporate/Commercial

Latin America Guide 2026 : Paraguay


Vouga Abogados

Rankings

About

Provided by Vouga Abogados

Vouga has led some of the most relevant transactions in Paraguay over the last year. The majority of the deals are first of its kind. Particularly, we advised local oil company Copetrol in the acquisition of the local assets of Petrobras, the largest known M&A transaction in the country's history so far.

We have one of the strongest teams in the country in the agribusiness sector. Vouga serves some of the largest grain/commodities companies in Paraguay and is very active in all issues relating with agribusiness – the largest sector in the country’s GDP.

Derived in part from its leading M&A practice, we have undertaken some of the most complex antitrust issues. Vouga is currently handling various sensitive proceedings before the national antitrust agency, as part of ground-breaking transactions in the oil & gas, security, transportation and telecommunications sectors, to mention a few.

The Firm is strongly promoting its Compliance area. Besides regularly advising clients in compliance related issues, the Firm conducted a first-of-its-kind survey among large, medium and small local and international companies doing business in Paraguay, focused on understanding the current state of the art/development in respect of compliance programs in Paraguay.

The Firm has been highly successful in being retained by very high profile new clients. We seek to distinguish from competitors by providing responses according to the highest standards (both in terms of quality and agility).

Industries (21)

  • Agribusiness
  • Agrichemical companies
  • Pharmaceuticals
  • Consumer products producers
  • Automotive
  • Construction
  • Roads infrastructure
  • Ports infrastructure
  • Technology
  • Oil & gas
  • Distribution and franchising
  • Real estate
  • Maritime
  • Aeronautical
  • Defense
  • Shipping companies
  • Hydroenergy
  • Insurance
  • Maquila regime
  • Software & Computer Services
  • Media

Chambers Review

Provided by Chambers

Corporate/Commercial - Paraguay

Band 1

Band 1


What the Team is Known For

Prominent full-service law firm Vouga Abogados enjoys a market-leading reputation in the corporate and commercial fields. The legal team is frequently instructed by a range of leading Paraguayan and international clients from different industry sectors, including energy and technology. Its practice boasts considerable experience assisting with M&A transactions and bidding processes, as well as corporate restructuring and joint venture agreements. Vouga Abogados showcases additional capabilities advising on labour liability issues following corporate acquisitions. The legal department also represents clients in labour litigation and high-level tax disputes.

Work Highlights

Provided by Chambers

  • Vouga Abogados provided advice to DOFTEY in connection with the construction of a port in Soriano, Uruguay, designed to serve the outflow of the

    Paraguayan pulp and energy and natural resources industries.

Strengths

Provided by Chambers

  • Vouga Abogados delivers a comprehensive service and are quick to respond. They have deep know-how and experience, and are on the pulse with regulatory and industry trends, nationally and worldwide.

    Corporate/Commercial respondentLatin America
  • Vouga Abogados' seasoned professionals keep up to date with developments in the field. They are dynamic in their approach and have a good grasp of our business needs.

    Corporate/Commercial respondentLatin America

Notable Practitioners

Provided by Chambers

  • Senior StatespeopleRodolfo Vouga Muller
    Senior StatespeopleRodolfo Vouga Muller

    Rodolfo Vouga Muller

    Senior statesperson and seasoned practitioner Rodolfo Vouga boasts a well-established reputation in the corporate practice area in Paraguay, where he is seen as a point of reference in the field.

  • Band 2Perla Alderete
    Band 2Perla Alderete

    Perla Alderete

    Well-reputed partner Perla Alderete is a highly experienced lawyer in the Paraguayan corporate and labour arena. Her practice focuses on advising clients on non-contentious and contentious matters, including employment issues related to M&A.

    • I am impressed with Perla Alderete's professionalism and pragmatic approach. Her knowledge is outstanding, particularly when it comes to contracts.

      Corporate/Commercial respondentLatin America
  • Band 2Rodolfo Guillermo Vouga Z
    Band 2Rodolfo Guillermo Vouga Z

    Rodolfo Guillermo Vouga Z

    Skilled partner Rodolfo Guillermo Vouga is widely recognised for his solid track record representing international clients in M&A transactions and assisting in due diligence processes in Paraguay.

    • I'd like to highlight Rodolfo Guillermo Vouga's diligence and commercial mind, above all else. He is focused on adding value for all the involved parties, is very creative and a shrewd negotiator.

      Corporate/Commercial respondentLatin America
  • Band 4Rodrigo Fernandez de Nestosa
    Band 4Rodrigo Fernandez de Nestosa

    Rodrigo Fernandez de Nestosa

    Rodrigo Fernandez de Nestosa joins the rankings this year after garnering acclaim from interviewees for his activity in the corporate and commercial space in Paraguay. He is particularly noted for his expertise in merger control procedures.

    • Rodrigo Fernandez de Nestosa's role is instrumental when it comes to merger control. He is knowledgeable and skilled, and can handle the filing and approval process with successful outcomes.

      Corporate/Commercial respondentLatin America
  • Associates to watchAndres Vera
    Associates to watchAndres Vera

    Andres Vera

    Associate-to-watch Andres Vera has a well-grounded practice in customs matters, international taxation issues, and the establishment of free trade zones in Paraguay.

    • Andres Vera is an absolute delight to work with. He has a very good grasp of our business, that not many others do. He always goes beyond mere legal advice, with a 360-degree vision.

      Corporate/Commercial respondentLatin America
  • Associates to watchAntonella Llamas
    Associates to watchAntonella Llamas

    Antonella Llamas

    Associate-to-watch Antonella Llamas specialises in managing administrative proceedings according to labour regulations and handling contractual issues in this field in Paraguay.

    • Antonella Llamas delivers a very high level of client service, with excellent response times.

      Corporate/Commercial respondentLatin America
  • Associates to watchHoracio Sánchez Pangrazio
    Associates to watchHoracio Sánchez Pangrazio

    Horacio Sánchez Pangrazio

    Associate-to-watch Horacio Sánchez Pangrazio is esteemed for his work on transfer pricing analyses, tax planning and free trade zones in Paraguay.

    • Horacio Sánchez Pangrazio has subject matter expertise. His advice is spot on and well attuned to our business.

      Corporate/Commercial respondentLatin America

Ranked Individuals at Vouga Abogados (8)

Paraguay

Members

Provided by Vouga Abogados

Vouga Abogados has rankings in the following guides

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