Organization and Basis of Presentation	12 Months Ended
Sep. 30, 2016
Notes to Financial Statements
Note 1 - Organization and Basis of Presentation	Paramount Supply Inc (the “Company”) is a for profit corporation established under the Corporation Laws of the State of Nevada on September 12, 2014. The Company was formed for the purpose of marketing and distributing ladies fashion handbags. The Company is a newly created company and is subject to all risks inherent to the establishment of a start-up business enterprise. The Company’s operations are based in Latvia, but use the U.S. dollar as its functional currency. Our financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. The Company’s fiscal year-end is September 30. The Financial Statements and related disclosures as of September 30, 2016 are audited pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”). Unless the context otherwise requires, all references to “Paramount”, “Paramount Supply”, “we”, “us”, “our” or the “company” are to Paramount Supply Inc.

Organization and Basis of Presentation

12 Months Ended

Sep. 30, 2016

Note 1 - Organization and Basis of Presentation

Paramount Supply Inc (the “Company”) is a for profit corporation established under the Corporation Laws of the State of Nevada on September 12, 2014.

The Company was formed for the purpose of marketing and distributing ladies fashion handbags. The Company is a newly created company and is subject to all risks inherent to the establishment of a start-up business enterprise. The Company’s operations are based in Latvia, but use the U.S. dollar as its functional currency.

Our financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in U.S. dollars. The Company’s fiscal year-end is September 30.

The Financial Statements and related disclosures as of September 30, 2016 are audited pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”). Unless the context otherwise requires, all references to “Paramount”, “Paramount Supply”, “we”, “us”, “our” or the “company” are to Paramount Supply Inc.