THE FIRM
The best way to provide effective guidance on tax or business decisions is to gain a deep understanding of each client, and the best way to do that is by working closely with them throughout the entire process. At 5 FLAGS CAPITAL, we believe in professional relationships built on trust, closeness, and continuity.
Our firm was founded with the goal of serving as a reliable and meticulous partner, working as an integral part of our clients’ teams and providing sound judgment, organization, and peace of mind at every stage of their projects.
5 FLAGS CAPITAL is comprised of a multidisciplinary team of professionals with experience in international settings, who share a common approach: thorough analysis, responsible planning, and coordinated execution, always in compliance with current laws and regulations.
Beyond one-off advice, we are committed to a serious, people-centered, and long-term approach aimed at building solid structures and making well-informed decisions that stand the test of time.
Our team
Marta Vara


Strategic consultant specializing in tax relocation and real estate investments in Paraguay. She assists international business owners and investors with the processes of establishing a presence, structuring their operations, and executing local projects.


Eduardo Castilla
Oversees the operational architecture of each project, ensuring efficient structures, regulatory compliance, and orderly strategic execution.


Mauricio Molinas
Civil engineer specializing in project planning, execution, and supervision. He brings technical rigor to real estate investment and development operations in Paraguay, ensuring quality, efficiency, and compliance at every stage.




Silvia Toscano
Lia Moré
Oversees the practical execution of processes, ensuring compliance, efficiency, and proper implementation.
Front-line customer service representative. She serves as the first point of contact, reviews each case, and guides customers through the initial steps, ensuring clear communication and proper referral within the process.
Tamarah Zacarias


Manages administrative and document management, ensuring order, control, and efficiency in every internal process.
Víctor Medina


Coordinates and oversees residency applications, ensuring the accuracy of documentation, legal compliance, and follow-up with government agencies.


ADDRESS
Avenida Mariscal López, nº5451 Piso 1, Puerta D (Asunción) 001406 Paraguay
CONTACT
info@5flagscapital.com
+595 971 625 193
SCHEDULE
Lunes a Viernes de 9:00hrs a 18:00hrs
Copyright 2026 | 5 FlAGS CAPITAL E.A.S.. All rights reserved.
Services
Tax residency in Paraguay
Starting a Business in Paraguay
Real Estate Investment in Paraguay
LEGAL NOTICE
Legal Notice
Privacy Policy
Cookie Policy


