Paraguay: Deadline looms for annual Seprelad fee payment without penalty

The Secretariat for the Prevention of Money Laundering (Seprelad) has issued a reminder that obligated entities have until June 30 to pay their annual fee for fiscal year 2026 without incurring penalties. This annual fee is mandatory for both individuals and legal entities that are legally required to implement controls to prevent money laundering and terrorist financing.

The range of obligated entities is broad, encompassing banks, financial houses, currency exchanges, notaries, real estate agencies, jewelers, casinos, customs brokers, accountants, and lawyers, among others. The collected fees are crucial for funding a portion of the institution's operational budget.

To complete the payment process, obligated entities must first access the Seprelad system (SIRO) to download their individual liquidation amount. Payment is to be made via deposit or transfer to the Banco Nacional de Fomento account number 000-00-940031/8, designated for the Public Treasury-Seprelad. Subsequently, within 24 hours of payment, the receipt must be uploaded back into the SIRO system to finalize the process and obtain official confirmation from Seprelad.

Failure to meet the June 30 deadline will result in a 2% monthly surcharge on the outstanding amount, which will accumulate over time, according to the institution's guidelines.