Posted by: Yury Cerrato | Senior Associate at Alvarado y Asociados

Relevant legal aspects to bear in mind when dismissing an employee without justified cause

When that delicate moment in which the employer has decided to terminate an employment contract through dismissal without justified cause has arrived, there are certain important aspects that must be observed in order to avoid falling into a dismissal that violates the labor code and may bring labor contingencies for the company, such as a sue for reinstatement of the worker to the same position he/she held before, or the payment of...


Posted by: Claraliz Oviedo Maglione| Senior Associate at Alvarado y Asociados

Update of Information for Final Beneficiary Registration in Nicaragua

Commercial companies incorporated before the entry into force of the law, must update the basic information and the final beneficiary according to the cycles indicated by the National Registry Office for such purposes. In relation to this, the General Directorate of Registries issued an Informative Circular, indicating that Commercial Companies could use the period prior to the operation of the Final Beneficiary Registry, to develop internal organization processes they deem convenient...


Posted by: Unknown

LEGAL UPDATE: LAWS, DECREES, AGREEMENTS AND RESOLUTIONS PUBLISHED IN THE OFFICIAL GAZETTE OCTOBER 2020

LAW No. 1029 LAW OF THE NICARAGUAN LEGAL DIGEST ON REGIONAL AUTONOMY MATTERS. Dated May 26, 2020. The aim of the Nicaraguan Legal Digest on Regional Autonomy Matter is to compile, order, purify and consolidate the current legal framework on this Matter. Contains the register of the current Legal Regulations, the reference of International Instruments approved and ratified by Nicaragua, Legal Regulations not in force or Historical Law and...


Posted by: Francisco Jose Alvarado | Senior Associate at Alvarado y Asociados

Trademarks Registration in Nicaragua

A trademark is any sign that is capable of distinguishing products or services, which does not go against the provisions of articles 7 and 8 of the Law on Trademarks and other Distinctive Signs, which include a list of intrinsic reasons why a sign cannot be registered, for example lacking sufficient distinctive aptitude with respect to the product or service to which it is applied; be contrary to the law, public order or morality...


Posted by: Aura Torrez | Associate at Alvarado y Asociados

LEGAL UPDATE: LAWS, DECREES, AGREEMENTS AND RESOLUTIONS PUBLISHED IN THE OFFICIAL GAZETTE SEPTEMBER 2020

Resolution CD-BCN-XLIV-1-20 REGULATION TO THE PROVIDERS OF FINANCIAL TECHNOLOGY FOR PAYMENT SERVICES Dated September 16, 2020. The purpose of this Regulation is to regulate the authorization process for providers of financial technology for payment services and to establish other provisions applicable to authorized providers in the national territory...


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