Posted by: Fabiola Urbina| Senior Associate at Alvarado y Asociados

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.


Posted by: Vanessa Cortes| Associate at Alvarado y Asociados

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.


Posted by: Claraliz Oviedo| Associate at Alvarado y Asociados

The Regulation of Investment Companies in Nicaragua

Having our legislation reserved a space for forty-five years for a proper regulation of Investment Companies, since the adoption of the Special Law on Financial Companies, Investment and others, known as Decree 15-L of April 9, 1970, and various attempts along these years; today Nicaragua has a legal body that regulates such companies satisfactorily. In this regard, the Investment Companies Act, Act No. 899, published in the Gazette No. 76 of April 27, two thousand


Posted by: Alvarado y Asociados

Electronic Money in Nicaragua: Amalgamating technology, law and business

In humanity ́s never-ending quest for improvement, technology plays a significant role as to the development of tools, production of devices and equipment, the upgrading of techniques, skills and processes which, in general, lead to the accomplishment of higher and higher goals that impact or influence our lives in different ways.


Posted by: Carlos Navarro| Senior Associate at Alvarado y Asociados

Retirement or Pension Account/ Saving Funds, a Benefit for Employees and Employers Alike

In Nicaragua, the recent changes in tax legislation caused mainly by the entry into force of the Tax Concertation Law, its regulations and amendments, have established some new mechanisms and options that provide benefits for employees, while also, providing a benefit to the company. Saving pension/retirement accounts are one of the best new benefits an employer can provide and now Nicaraguan law allows


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