{"id":8875,"date":"2023-10-11T17:15:34","date_gmt":"2023-10-11T17:15:34","guid":{"rendered":"https:\/\/aczalaw.com\/nicaragua\/?p=8875"},"modified":"2023-10-11T19:47:35","modified_gmt":"2023-10-11T19:47:35","slug":"doing-business-in-nicaragua","status":"publish","type":"post","link":"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/doing-business-in-nicaragua\/","title":{"rendered":"SETTING UP YOUR BUSINESS IN NICARAGUA"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"8875\" class=\"elementor elementor-8875\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3564936 e-con-full e-flex elementor-invisible e-con e-parent\" data-id=\"3564936\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;,&quot;animation&quot;:&quot;fadeInUp&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<div class=\"elementor-element elementor-element-33b9230 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"33b9230\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 20-09-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-large\">SETTING UP YOUR BUSINESS IN NICARAGUA<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-af220f1 e-con-full e-flex e-con e-parent\" data-id=\"af220f1\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\" data-core-v316-plus=\"true\">\n\t\t<div class=\"elementor-element elementor-element-b81f332 e-con-full e-flex e-con e-child\" data-id=\"b81f332\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a455486 elementor-toc--minimized-on-mobile elementor-widget-mobile__width-initial exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-table-of-contents\" data-id=\"a455486\" data-element_type=\"widget\" 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data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor-pro - v3.13.0 - 08-05-2023 *\/\n.elementor-widget-table-of-contents .elementor-toc__header-title{color:var(--header-color)}.elementor-widget-table-of-contents.elementor-toc--collapsed .elementor-toc__toggle-button--collapse,.elementor-widget-table-of-contents:not(.elementor-toc--collapsed) .elementor-toc__toggle-button--expand{display:none}.elementor-widget-table-of-contents .elementor-widget-container{min-height:var(--box-min-height);border:var(--box-border-width,1px) solid var(--box-border-color,#9da5ae);border-radius:var(--box-border-radius,3px);background-color:var(--box-background-color);transition:min-height .4s;overflow:hidden}.elementor-toc__header{display:flex;align-items:center;justify-content:space-between;padding:var(--box-padding,20px);background-color:var(--header-background-color);border-bottom:var(--separator-width,1px) solid 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.elementor-toc__list-item-text{white-space:nowrap;overflow:hidden;text-overflow:ellipsis}.elementor-toc__list-items--collapsible>.elementor-toc__list-wrapper>.elementor-toc__list-item>.elementor-toc__list-wrapper{display:none}.elementor-toc__heading-anchor{position:absolute}.elementor-toc__body .elementor-toc__list-item-text{color:var(--item-text-color);-webkit-text-decoration:var(--item-text-decoration);text-decoration:var(--item-text-decoration)}.elementor-toc__body .elementor-toc__list-item-text:hover{color:var(--item-text-hover-color);-webkit-text-decoration:var(--item-text-hover-decoration);text-decoration:var(--item-text-hover-decoration)}.elementor-toc__body .elementor-toc__list-item-text.elementor-item-active{color:var(--item-text-active-color);-webkit-text-decoration:var(--item-text-active-decoration);text-decoration:var(--item-text-active-decoration)}ol.elementor-toc__list-wrapper{counter-reset:item}ol.elementor-toc__list-wrapper .elementor-toc__list-item{counter-increment:item}ol.elementor-toc__list-wrapper .elementor-toc__list-item-text-wrapper:before{content:counters(item,\".\") \". \"}<\/style>\t\t<div class=\"elementor-toc__header\" aria-controls=\"elementor-toc__body\">\n\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tIndex\t\t\t<\/h4>\n\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-label=\"Open table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-label=\"Close table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-toc__body elementor-toc__list-items--collapsible\" aria-expanded=\"true\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-500d8c8 e-con-full e-flex e-con e-child\" data-id=\"500d8c8\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-58543c2 e-flex e-con-boxed e-con e-child\" data-id=\"58543c2\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f564a64 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-image\" data-id=\"f564a64\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 20-09-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"384\" src=\"https:\/\/aczalaw.com\/nicaragua\/wp-content\/uploads\/2023\/08\/aczalaw-nicaragua-doing-business-coconut-1.png\" class=\"attachment-large size-large wp-image-8158\" alt=\"\" srcset=\"https:\/\/aczalaw.com\/nicaragua\/wp-content\/uploads\/2023\/08\/aczalaw-nicaragua-doing-business-coconut-1.png 750w, https:\/\/aczalaw.com\/nicaragua\/wp-content\/uploads\/2023\/08\/aczalaw-nicaragua-doing-business-coconut-1-300x180.png 300w, https:\/\/aczalaw.com\/nicaragua\/wp-content\/uploads\/2023\/08\/aczalaw-nicaragua-doing-business-coconut-1-18x12.png 18w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-85bc0c5 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"85bc0c5\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-medium\">INCORPORATING A COMPANY IN NICARAGUA\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-68b4163 elementor-drop-cap-yes elementor-drop-cap-view-default exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"68b4163\" data-element_type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;,&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 20-09-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The Commercial Code in Nicaragua defines the existence of 4 types of commercial companies under which business can be done:<\/span><\/p><br>\n\n<ol style=\"text-align: justify; color: #e98806;\">\n \t<li><b><\/b> <span style=\"font-weight: 400; color: #7a7a7a;\">Company in collective name (Limited Liability Company)<\/span><\/li>\n \t<li><b><\/b> <span style=\"font-weight: 400; color: #7a7a7a;\">Corporations<\/span><\/li>\n \t<li><b><\/b> <span style=\"font-weight: 400; color: #7a7a7a;\">Limited partnership<\/span><\/li>\n \t<li><b><\/b> <span style=\"font-weight: 400; color: #7a7a7a;\">Limited partnership by shares<\/span><\/li>\n<\/ol><br>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The last two have fallen out of use over time. Corporations are the most common business entities in operation. Limited Companies, which are more oriented to family businesses, are used less frequently.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-72e6d53 elementor-drop-cap-yes elementor-drop-cap-view-default exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"72e6d53\" data-element_type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;,&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: justify;\"><b>THE BRANCHES<\/b> <span style=\"font-weight: 400;\">of foreign companies that are incorporated and domiciled in Nicaragua are the other mercantile figures frequently used by foreign companies to do business in Nicaragua.<\/span><\/p><p>\u00a0<\/p><p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">There are no one-person companies in Nicaragua. A minimum of two partners are required to form and incorporate a company.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1916a1b exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"1916a1b\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-medium\">ADVANTAGES AND DISADVANTAGES BETWEEN CORPORATIONS AND LIMITED COMPANIES\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb682b5 elementor-drop-cap-yes elementor-drop-cap-view-default exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"bb682b5\" data-element_type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;,&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li style=\"text-align left; color: #e98806;\"><span style=\"font-weight: 400; color: #7a7a7a;\"> From a tax point of view, both have the same treatment.<br \/><\/span><\/li><\/ul><p>\u00a0<\/p><ul><li style=\"text-align left; color: #e98806;\"><span style=\"font-weight: 400; color: #7a7a7a;\"> For its constitution and incorporation, both must follow the same procedure.<\/span><\/li><\/ul><p>\u00a0<\/p><ul><li style=\"text-align left; color: #e98806;\"><span style=\"font-weight: 400; color: #7a7a7a;\">The same administrative regulations apply to both.<\/span><\/li><\/ul><p>\u00a0<\/p><p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The operation and administration of a corporation is more flexible for the commercial operation than that of a Limited Liability Company, for this reason it is the most used commercial figure. Limited Liability Companies are more used by family or small and medium-scale businesses.\u00a0 <\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d6023f exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"5d6023f\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-medium\">IN LIMITED COMPANIES\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b5613f elementor-drop-cap-yes elementor-drop-cap-view-default exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"1b5613f\" data-element_type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;,&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ol style=\"text-align: justify; color: #e98806;\">\n \t<li><b><\/b> <span style=\"font-weight: 400; color: #7a7a7a;\">The share capital is divided and represented by registered shares. Bearer shares are prohibited.<\/span><\/li><br>\n \t<li><b><\/b> <span style=\"font-weight: 400; color: #7a7a7a;\">The name or company name can be anything linked to its commercial activity or in the manner that commercially and image is convenient for the partners. The use of fantasy names is allowed.\u00a0\u00a0<\/span><\/li><br>\n \t<li><b><\/b> <span style=\"font-weight: 400; color: #7a7a7a;\">The shares that represent the social capital are registered securities that allow their easy mobility through simple endorsement, for the purposes of sale, assignment, transfer, circulation, negotiation, etc.\u00a0\u00a0<\/span><\/li><br>\n \t<li><b><\/b> <span style=\"font-weight: 400; color: #7a7a7a;\">Given the ease of circulation, they can serve as a PLEDGE GUARANTEE before a credit institution with a simple dynamism and without greater complexity, formalisms, and legal restrictions except what has been agreed in the statutes.\u00a0<\/span><\/li><br>\n \t<li><b><\/b> <span style=\"font-weight: 400; color: #7a7a7a;\">They are capital companies, regardless of the person. When a partner sells its shares and withdraws, it is no longer responsible for the acts, obligations and responsibilities that arise after he endorses and withdraws. <br><br>The other partners will be liable.\u00a0\u00a0\u00a0<\/span><\/li><br>\n \t<li><b><\/b> <span style=\"font-weight: 400; color: #7a7a7a;\">Most of the decisions are made through a session of the Assembly of partners or of the Board of Directors, which for their validity are recorded in the Book of Minutes duly signed by the directors or partners, which simplifies the dynamism of business with respect to the decisions that need to be made. It does not require that the minutes be registered in the public registry except those referring to the election of the board of directors and changes of partners for the purposes of updating information and for the registration of final beneficiary. This is so because the public limited company is responsible for its obligations and the capital stock is responsible for these obligations. The partners do not respond with their personal assets, they respond up to the percentage of their participation in the social capital. <\/span><\/li><br>\n \t<li><b><\/b> <span style=\"font-weight: 400; color: #7a7a7a;\">The assignment and sale of shares is done through a simple endorsement in the certificate and delivery of the document to the buyer, and its entry in the share registry book.<\/span><\/li>\n<\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-feca877 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"feca877\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-medium\">WHILE LIMITED LIABILITY COMPANIES\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eefb141 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"eefb141\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ol>\n \t<li><b><\/b> <span style=\"font-weight: 400;\">The social capital is represented in personal quotas of participation and interest. Share certificates are not issued therefore endorsements in transfers do not operate. When an assignment of participation is made, it must be done in a public deed and registered in the public registry.<\/span><\/li><br>\n \t<li>The name or company name must necessarily bear the surname or name of one or more partners; or the managing partners. The trade name must always be followed by the name \"y Co. Ltda\"<\/li><br>\n \t<li>As there are no shares, but \"interest or participation quotas\" they cannot be freely sold or assigned to third parties other than the founding partners. Their free movement is restricted. Even if a partner assigns his share of interest, he continues to be jointly and severally liable on behalf of the assignor and against third parties.<\/li><br>\n \t<li>Given the nature of limitation in circulation, its use to offer participation quotas as collateral is restricted, since limited companies are <b>Intuite Personae<\/b> \"partnerships\"; the assignee is not released from liability towards the assignors. or creditors.<\/li><br>\n \t<li>They are interest companies and in attention to the person more than the capital. When a partner withdraws, the partner who sells or assigns his share retains its status as a partner and will always respond to third parties for any responsibility or obligation incurred by the Company, even if it is no longer part of it due to having withdrawn.<\/li><br>\n \t<li>The decisions of the partners must be made through agreements that are signed in a public deed and must be registered in most cases in the Public Registry because Limited companies are companies that respond to the managing partners in addition to the legal person. For this reason, the public faith of the registry is of transcendental importance. Those who contract with a Limited company (users, consumers, creditors, clients, etc.) must know through the Public Registry the life, organization, and form of regulation of the limited company through the Public Registry. Partners are liable with their personal property \/ personal assets up to the amount of their contributions to the partnership.<\/li><br>\n \t<li><b><\/b>The Assignment and sale of contributions is made in a public deed that must be unanimously approved. In any case, the outgoing partner remains responsible for the acts carried out by the Company and its partners, even if outside of it.<\/li>\n<\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79bd0ed exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"79bd0ed\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-medium\">BASIC ASPECTS: APPLICABLE TO CONSTITUTION AND INCORPORATION OF A CORPORATION IN NICARAGUA.\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2992c97 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"2992c97\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: center;\"><b>This process described here also applies to Limited Companies.<\/b><\/p><br>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">The Company is incorporated with the granting and signing of a public deed authorized by a Public Notary. A minimum of two shareholders are required.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b33897c elementor-position-left elementor-view-default elementor-mobile-position-top elementor-vertical-align-top exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-icon-box\" data-id=\"b33897c\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/aczalaw.com\/nicaragua\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-box.min.css\">\t\t<div class=\"elementor-icon-box-wrapper\">\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon elementor-animation-\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"icon icon-invest\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\t\t\t\t<h6 class=\"elementor-icon-box-title\">\n\t\t\t\t\t<span  >\n\t\t\t\t\t\tShareholders\t\t\t\t\t<\/span>\n\t\t\t\t<\/h6>\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tThe minimum number of partners to establish a public limited company is 2 people, who can be both natural persons and legal entities. <\/br><\/br> \nThe partners, natural or legal persons, may be foreigners who do not reside in the country. It is not a mandatory requirement to incorporate one or more Nicaraguan partner(s). <\/br><\/br>\nFor the preparation of the Public Deed of Constitution and Statutes, the partners must present the documentation and information on the relevant aspects of the company: corporate name, address, share capital, shareholding composition, corporate purpose, administrative bodies, their powers and operation, appointment and integration of the board of directors, among others.\n\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77f291d elementor-position-left elementor-view-default elementor-mobile-position-top elementor-vertical-align-top exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-icon-box\" data-id=\"77f291d\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon elementor-animation-\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"icon icon-social-care\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\t\t\t\t<h6 class=\"elementor-icon-box-title\">\n\t\t\t\t\t<span  >\n\t\t\t\t\t\tBoard of Directors\t\t\t\t\t<\/span>\n\t\t\t\t<\/h6>\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tIn Nicaragua, to be a director it is mandatory to be a shareholder. <\/br><\/br>\nA minimum of two directors with the positions of president and secretary are required. There may be others that the general meeting approves. <\/br><\/br>\nThe directors can be natural persons or legal persons.<\/br><\/br>\nThe directors may be non-resident aliens.<\/br><\/br>\nThe company must designate a Legal Representative, who can be Nicaraguan or foreign. If a foreigner, it is mandatory that he is a legal resident in the country since he is the one who is legally responsible for the company.<\/br><\/br>\nThe exact address of the place where you will carry out your business operations must be indicated, which must necessarily be described in the deed of incorporation or in the merchant application registration. <\/br><\/br>\nDocumentation from abroad must be sent duly apostilled and with its translation into Spanish - in case it was originally issued in a different language - from the foreign company in the case of branches; and in the case of legal entity partners, to simultaneously complete the final beneficiary registration as a requirement to register the new company and\/or the branch.  \n\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-579bd52 elementor-position-left elementor-view-default elementor-mobile-position-top elementor-vertical-align-top exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-icon-box\" data-id=\"579bd52\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon elementor-animation-\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"icon icon-idea1\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t<span  >\n\t\t\t\t\t\tProcedure for incorporation:\t\t\t\t\t<\/span>\n\t\t\t\t<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tOnce the company is constituted by Public Deed, it must be registered in the Public Mercantile Registry of the department of its registered office. In Nicaragua there are 17 Public Registries of Real Estate and Commercial Property, with offices by department of the country.  <\/br><\/br>\nOnce the deed of incorporation and bylaws have been registered, the company is registered as a MERCHANT and the company books (Minutes, Share Registration Book and accounting books) are registered. The appointment of the Legal Representative must also be registered before the Mercantile Registry through a general power of administration that is granted immediately after registering the company.\n\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a722a7 elementor-position-left elementor-view-default elementor-mobile-position-top elementor-vertical-align-top exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-icon-box\" data-id=\"1a722a7\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon elementor-animation-\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"icon-time-check\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t<span  >\n\t\t\t\t\t\tEstimated time\t\t\t\t\t<\/span>\n\t\t\t\t<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tIn Nicaragua there is no centralized business registry. Each department has its own commercial registry and the procedure must be carried out in the one that corresponds to the domicile of the company, according to the city\/Municipality and Department to which it corresponds.<br><br>\nThere is also no possibility of carrying out this Registration through an online platform, it must be in person.<br><br>\nFor this reason, there is no standard time to complete the registration and incorporation process, it varies according to the agility and efficiency of each Mercantile Registry: While in the city of Managua, companies are registered within a period of no more than one week, in Departments such as Le\u00f3n can take up to a month to complete the process. It is a term that really varies according to the registry that is used.\n\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d3adfb3 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"d3adfb3\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-medium\">CONSTITUTION OF BRANCHES\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8b3b22 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"d8b3b22\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to Nicaraguan Legislation, <\/span><b>to register a Branch of a Foreign Company,<\/b><span style=\"font-weight: 400;\"> Resolution of the General Meeting of Shareholders of the main company (Parent Company) is legally required, through which its shareholders make the decision and agree to establish a branch in Nicaragua.<\/span><\/p><br>\n<span style=\"font-weight: 400;\">In addition to the Minutes with the Resolution, the parent company must provide the information of its shareholders; the corporate name of the branch, the capital stock with which it will operate, the commercial activity and line of business that it will carry out in Nicaragua; the tax domicile, the Legal Representative who will assume responsibility in Nicaragua, who must be a Nicaraguan citizen or a foreigner residing in the country.\u00a0<\/span><br><br>\n\n<span style=\"font-weight: 400;\">Provide the documents from abroad of the parent company that shows its partners, directors, legal representative, incorporation data, address abroad. These documents must come in Spanish or their translation into Spanish and duly apostilled. It is required to be a document whose date of authentication does not exceed more than <\/span><b>SIXTY days.<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><br><br>\n\n<span style=\"font-weight: 400;\">The branch is constituted by means of a public deed prepared by a Nicaraguan notary, in which the Minutes of the resolution of the parent company are inserted and presented before the Public Mercantile Registry of the Department of the selected registered office, for its due registration and registration.\u00a0<\/span><br><br>\n\n<span style=\"font-weight: 400;\">From then on, the process and requirements to be met are the same as those described for the incorporation of other forms of commercial companies.\u00a0<\/span>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-075d761 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"075d761\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-medium\">BASIC COMMON RECORDS AND PERMITS FOR THE COMPANY TO START OPERATIONS\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-44d54b3 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"44d54b3\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Once the company is constituted, the next stage is obtaining operating permits. These records, registrations, permits, or licenses are the following:<\/span><\/p><br>\n\n<ul style=\"text-align: justify;\">\n \t<li><span style=\"font-weight: 400;\"> Registration and obtaining tax ID, Single Taxpayer Registration Card (RUC) before the General Directorate of Revenue (DGI).<\/span><\/li><br>\n \t<li><span style=\"font-weight: 400;\"> The municipal registration, in the municipality or municipalities in which the company will develop operations.\u00a0<\/span><\/li><br>\n \t<li><span style=\"font-weight: 400;\"> Registration with the Nicaraguan Social Security Institute (INSS).<\/span><\/li>\n<\/ul><br>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">For these procedures it is a requirement to have a tax domicile and a Legal Representative. Supports and documents must be attached to show this information.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Without obtaining these records, the company cannot start commercial operations.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d6e2912 elementor-position-left elementor-view-default elementor-mobile-position-top elementor-vertical-align-top exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-icon-box\" data-id=\"d6e2912\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon elementor-animation-\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"icon-time-check\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t<span  >\n\t\t\t\t\t\tEstimated time\t\t\t\t\t<\/span>\n\t\t\t\t<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tThe estimated time to complete this process ranges from two to five weeks.\n\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d655a08 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"d655a08\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-medium\">RECORDS, REGISTRATION, PERMITS OR LICENSES FOR ACTIVITIES IN REGULATED SECTORS\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-582f48b exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"582f48b\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In addition to the common registries for all commercial companies, if the company's line of business corresponds to an activity in a regulated sector, the company must also obtain the permits from the Regulatory Body of the sector, prior to starting its commercial operations.<\/span><\/p><br>\n\n<strong><span style=\"color: #e98806;\">The most common regulated sectors and their regulatory institutions are:<\/span><\/strong>\n<ul>\n \t<li><b>Ministry of Health:<\/b> <span style=\"font-weight: 400;\">Everything related to the import, export or commercialization of pharmaceutical products, food, care products and household hygiene. It is required to obtain Sanitary Records, establishment license.<\/span><\/li>\n<\/ul><br>\n<ul>\n \t<li><b>Institute of Telecommunications and Postal Services (TELCOR):<\/b> <span style=\"font-weight: 400;\">for licenses, permits and registrations, for the operation, provision, and commercialization of telecommunications services.<\/span><\/li>\n<\/ul><br>\n<ul>\n \t<li><b>Ministry of Energy and Mines:<\/b><span style=\"font-weight: 400;\">permits and licenses for power generation.<\/span><\/li>\n<\/ul><br>\n<ul>\n \t<li><b>Ministry of Energy and Mines:<\/b> <span style=\"font-weight: 400;\">concessions and permits for the exploitation, commercialization and export of mines and quarries. And for other activities that are regulated by this ministry.<\/span><\/li>\n<\/ul><br>\n<ul>\n \t<li><b>Ministry of Transport and Infrastructure (MTI):<\/b> <span style=\"font-weight: 400;\">logistics operating companies, transport companies of any kind (naval, air, land); construction companies.<\/span><\/li>\n<\/ul><br>\n<ul>\n \t<li><b>Superintendency of Banks (SIBOIF):<\/b> <span style=\"font-weight: 400;\">All activities related to financial operations.<\/span><\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bab9c86 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"bab9c86\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-medium\">THE REGISTRY OF THE FINAL BENEFICIARY\n<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-15adf9e exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"15adf9e\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In compliance with international agreements, for the prevention and against money laundering and financing of terrorism, Nicaragua has adopted legislation by means of which commercial companies, existing or to be established, must report to the <\/span><span style=\"font-weight: 400;\">\"Registry of the Final Beneficiary\" <\/span><span style=\"font-weight: 400;\">all the chain of shareholders, legal persons, upwards, until the last natural person shareholder is identified in the chain, who in the end has control of the local company.\u00a0<\/span><\/p><p>\u00a0<\/p><p><span style=\"font-weight: 400;\">Foreign companies that are part of the chain of ownership must present information on: Constitutive Act and Bylaws, Certificate of Registration in the Companies Registry of their country of origin; Certificate of shareholders of the partners in their country of origin.<\/span><\/p><p>\u00a0<\/p><p><span style=\"font-weight: 400;\">Public companies listed on the stock exchange must declare: the issuer code of the commercial company; the domicile of the company, the country of incorporation or origin; name, jurisdiction, and identification code of the stock exchange where the company is registered.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-524c497 e-con-full e-flex e-con e-child\" data-id=\"524c497\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4f5996a elementor-absolute elementor-hidden-tablet elementor-hidden-mobile exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-sidebar\" data-id=\"4f5996a\" data-element_type=\"widget\" data-settings=\"{&quot;_position&quot;:&quot;absolute&quot;,&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;sticky_offset&quot;:130,&quot;sticky_effects_offset&quot;:1,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"sidebar.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<section id=\"block-17\" class=\"sidebar__single widget widget_block widget_text\">\n<p><\/p>\n<\/section><section id=\"block-23\" class=\"sidebar__single widget widget_block\">\n<h4 class=\"wp-block-heading has-medium-font-size\">You may be interested in...<\/h4>\n<\/section><section id=\"block-21\" class=\"sidebar__single widget widget_block widget_recent_entries\"><ul style=\"font-size:3px;\" class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/informacion-general-de-nicaragua\/\">GENERAL INFORMATION ON NICARAGUA<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/oportunidades-de-negocio\/\">BUSINESS OPPORTUNITIES<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/como-adquirir-una-propiedad-en-nicaragua\/\">HOW TO ACQUIRE A PROPERTY IN NICARAGUA<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/estableciendo-tu-negocio-en-nicaragua\/\">SETTING UP YOUR BUSINESS IN NICARAGUA<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/laboral\/\">LABOR<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/tributario\/\">TAX<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/migratorio\/\">IMMIGRATION<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/regulaciones-generales-que-deben-de-cumplir-empresas-en-nicaragua\/\">GENERAL REGULATIONS THAT COMPANIES MUST COMPLY WITH<\/a><\/li>\n<\/ul><\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f1b470b e-flex e-con-boxed elementor-invisible e-con e-parent\" data-id=\"f1b470b\" data-element_type=\"container\" 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value=\"0\"><input type=\"hidden\" name=\"action\" value=\"forminator_submit_form_custom-forms\"><input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d9b4999 e-flex e-con-boxed e-con e-parent\" data-id=\"d9b4999\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-26553bc elementor-hidden-desktop exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-sidebar\" data-id=\"26553bc\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"sidebar.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<section id=\"block-17\" class=\"sidebar__single widget widget_block widget_text\">\n<p><\/p>\n<\/section><section id=\"block-23\" class=\"sidebar__single widget widget_block\">\n<h4 class=\"wp-block-heading has-medium-font-size\">You may be interested in...<\/h4>\n<\/section><section id=\"block-21\" class=\"sidebar__single widget widget_block widget_recent_entries\"><ul style=\"font-size:3px;\" class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/informacion-general-de-nicaragua\/\">GENERAL INFORMATION ON NICARAGUA<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/oportunidades-de-negocio\/\">BUSINESS OPPORTUNITIES<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/como-adquirir-una-propiedad-en-nicaragua\/\">HOW TO ACQUIRE A PROPERTY IN NICARAGUA<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/estableciendo-tu-negocio-en-nicaragua\/\">SETTING UP YOUR BUSINESS IN NICARAGUA<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/laboral\/\">LABOR<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/tributario\/\">TAX<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/migratorio\/\">IMMIGRATION<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/regulaciones-generales-que-deben-de-cumplir-empresas-en-nicaragua\/\">GENERAL REGULATIONS THAT COMPANIES MUST COMPLY WITH<\/a><\/li>\n<\/ul><\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bcd5ffb e-con-full e-flex elementor-invisible e-con e-parent\" data-id=\"bcd5ffb\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;,&quot;animation&quot;:&quot;fadeInUp&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f6c5cf6 exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-image\" data-id=\"f6c5cf6\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1980\" height=\"280\" src=\"https:\/\/aczalaw.com\/nicaragua\/wp-content\/uploads\/2023\/09\/aczalaw-nicaragua-doing-business-collage-1.png\" class=\"attachment-full size-full wp-image-8153\" alt=\"\" srcset=\"https:\/\/aczalaw.com\/nicaragua\/wp-content\/uploads\/2023\/09\/aczalaw-nicaragua-doing-business-collage-1.png 1980w, https:\/\/aczalaw.com\/nicaragua\/wp-content\/uploads\/2023\/09\/aczalaw-nicaragua-doing-business-collage-1-300x42.png 300w, https:\/\/aczalaw.com\/nicaragua\/wp-content\/uploads\/2023\/09\/aczalaw-nicaragua-doing-business-collage-1-1024x145.png 1024w, https:\/\/aczalaw.com\/nicaragua\/wp-content\/uploads\/2023\/09\/aczalaw-nicaragua-doing-business-collage-1-768x109.png 768w, https:\/\/aczalaw.com\/nicaragua\/wp-content\/uploads\/2023\/09\/aczalaw-nicaragua-doing-business-collage-1-1536x217.png 1536w, https:\/\/aczalaw.com\/nicaragua\/wp-content\/uploads\/2023\/09\/aczalaw-nicaragua-doing-business-collage-1-18x3.png 18w\" sizes=\"(max-width: 1980px) 100vw, 1980px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>ESTABLECIENDO SU NEGOCIO EN NICARAGUA \u00cdndice CONSTITUYENDO UNA SOCIEDAD EN NICARAGUA El C\u00f3digo de Comercio en Nicaragua tipifica la existencia de 4 tipos de sociedades mercantiles bajo las cuales se pueden hacer negocios: Sociedad en nombre colectivo (Compa\u00f1\u00eda de Responsabilidad Limitada) Sociedad an\u00f3nima Sociedad en comandita simple Sociedad en comandita por acciones Las dos \u00faltimas [&hellip;]<\/p>","protected":false},"author":3,"featured_media":8114,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[80],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SETTING UP YOUR BUSINESS IN NICARAGUA - ACZALAW Nicaragua<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aczalaw.com\/nicaragua\/en\/archivos\/doing-business-in-nicaragua\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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