The income tax exemption for non-profit organizations
This time we are going to address a very interesting topic that has been the object of discussion—and also of administrative remedies filed by non-profit organizations—in Nicaragua; which is, the tax exemption that by nature the nonprofit organizations have, commonly called “NPO”. We will focus our attention on the Income Tax, which is the core of the discussion.
Public- Private Association Law: New Investment Opportunities in Nicaragua
During the last decade, Nicaragua has witnessed the growth and enhancement in different sectors of the national economy, such as energy, communications, agribusiness, mining, construction and, in general, in a large part of the industrial segment. Even though such growth has had its main impact in the country´s macroeconomics, it is also true that there have been great efforts to try to transfer the benefits and improvements in a more tangible way to large and diverse sectors of the population, especially in terms of a major infrastructure development and a more efficient rendering of public services.
Some facts about the new Law of Guarantees over Goods and Chattels. (Ley de Garantias Mobiliarias)
In order to give a boost to trade exerted by micro, small, and medium enterprises (hereinafter MSMEs) in the country, responding to their need to access credit from financial institutions, which require the provision of guarantees MSMEs are not able to provide, for lack of real estate properties sufficient to provide mortgage guarantees, it has been a duty of the National Congress, to try to provide a modern
A Look into Private Security Service in Nicaragua
Even though Nicaragua is ranked as the safest country in the region, citizens are not exempt of being victims of crime either in the streets, offices, and business or in their own homes. Therefore many of us turn to companies that provide security service to ensure the safety of our employees, customers, family and ourselves.
Registering your Trademark in Nicaragua
Most people would think that the trademark registration in our country or any country for that matter is a very well defined process with basic requirements, but the fact is that to date there is uncertainty about the protection that institutions provide in this particular area and what really prevails is a disablement of the tools that the state provides citizens to ensure their rights over their own creations.