almost 2 years ago - AndrewT - Direct link
The 1603/1605 errors we see there are typically a previous other installation stuck, or a problem in the Windows update/install processes.

If you see msiexec running in Task manager-processes, kill it and try this launcher install again please.

Otherwise run the Update app in Windows, does it load okay, find anything to apply - whether a patch, update, or whole new Windows 10 version? If so do that and reboot, then try this launcher install again please.

If still no good, do you see Paradox Launcher v2 in the Windows Control Panel to uninstall? If so does it uninstall cleanly, or get an error doing that? Use this MS tool to remove the stuck install/uninstall:

Fix problems that block programs from being installed or removed

The Program Install and Uninstall troubleshooter helps you automatically repair issues when you're blocked from installing or removing programs. support.microsoft.com support.microsoft.com
Good luck!  
almost 2 years ago - AndrewT - Direct link
V-Mac said: Now my question is whether or not I am supposed to kill msiexec (system) or (app) file
Do not kill the file msiexec.exe ! It is part of Windows and needs to be there for our installer to work at all. It's just if it is currently running memory, is executing, that it needs that process to be terminated in Task Manager.