Technology M and A 2026

PARAGUAY Law and Practice Contributed by: Mauro Mascareño, Carlos Vargas and Rodrigo Gómez Sánchez, Mascareño Vargas – Asesores

Mascareño Vargas – Asesores (MVA) is an advisory firm that stands out for its unique business engineer- ing approach, offering comprehensive corporate services. The firm provides seamless, integrated so- lutions tailored to its clients’ diverse needs by com- bining legal, tax and financial expertise. The mission of MVA is to be the trusted partner of its clients in Paraguay, delivering high-quality advisory services that support business growth across multiple juris- dictions while mitigating risks and identifying stra- tegic opportunities. The firm focuses on developing

and expanding its clients’ commercial activities by providing strategic corporate law, taxation and finan- cial structuring solutions. The innovative, customised approaches of MVA are designed to meet each cli- ent’s needs, ensuring full regulatory compliance and helping them achieve their business goals. The firm’s extensive experience across various industries sets it apart, allowing it to offer highly relevant and strategic advice. MVA guides its clients through complex legal and financial landscapes, ensuring successful navi- gation of regulatory challenges.

Authors

Mauro Mascareño is the founding partner and managing director of MVA, with over 15 years of experience in corporate and tax law in Paraguay. He specialises in mergers and acquisitions, project financing

Rodrigo Gómez Sánchez is a partner at MVA with broad experience in corporate and commercial law, particularly in mergers and acquisitions, financing and emerging market regulations. He advises

and estate planning. He has advised various companies on foreign investment processes and complex transactions in Paraguay, and he has worked on the structuring of technology and M&A projects. He also serves as vice president of the International Fiscal Association of Paraguay (IFA Paraguay) and holds postgraduate degrees from the London School of Economics and Harvard Kennedy School.

technology and infrastructure companies across Paraguay and the Southern Cone and has extensive experience in cross-border structuring, tax strategy and transaction management. Rodrigo has completed specialised courses in corporate finance and business valuation, and serves on the board of the International Fiscal Association of Paraguay (IFA Paraguay).

Carlos Vargas is a partner at MVA and an expert in national and international tax law. With over 15 years of experience, he specialises in corporate tax advisory, business reorganisations and investment

projects, with a strong track record in corporate planning for both local and international companies. He is recognised for his strategic advisory work for tech companies and e-commerce platforms. He also teaches and is an active member of the legal community.

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