Legislative Development in Nicaragua: A New Code of Civil Procedure
The dawn of the 21st Century in Nicaragua revealed a horizon with high expectations for the legal arena. It seemed like the right time to move forward, to take steps towards the modernization and upgrade of certain legal institutions, bodies of laws and procedures which, in some cases, were anchored in the 19th Century.
Nicaragua, an ideal destination for investment and residency.
Nicaragua, the largest country in Central America, located precisely in the center of the Americas and bordered by Honduras to the north, Costa Rica to the South and both, the Pacific Ocean to the west and Caribbean Sea to the east, is a country that has it all: assured beauty, hospitable people, rich natural resources and tropical climate; a safe haven with excellent investment opportunities.
Tax Update- Important changes you should be aware of as we start 2016.
A new law (Law No 891) came into force starting December 18th, 2014 with amendments, additions and repeals for Law No 822, Tax Concertation Law. We will describe the most important changes in each section below:
Policies for Water Resources in Nicaragua
Every day, we become more aware of the importance of protecting our environment, climate changes occurring on an almost daily basis have made that need clear. It is for this reason, that even though it is of upmost importance that we protect all of our natural resources, water as a finite life source is one of the most important and one of the resources requiring the most protection and preservation. Nicaragua, has a great wealth of water resources, we have seas, rivers, lakes and lagoons. Despite this, until recently we did not have a policy to regulate the use and consumption of water resources.
Legal Relevance of Trademark Registration and Use
Over the years, trademark registration processes have increased in Nicaragua, as a result of different international conventions and treaties which collaborate to properly understand trademark registration process and use matter; besides, Law N° 380 “Law on Trademark and Other Distinctive Signs”, its regulation and the Intellectual Property Registry, consolidates the bases for a better legal protection for businessmen and consumers IP ́ s related matters, providing them not only with legal protection, but also with the confidence to compete and offer their goods and services on the market.