Project of Amendment of Law 822, Tax Concertation Law
On January 28, 2018, the Project of Amendment of Law 822, Tax Concertation Law, was presented before the National Assembly of Nicaragua, whose objective, as indicated in the Statement of Purpose, is precisely to generate additional resources to compensate for the losses of collection of taxes experienced between the months of April and July of the year 2018. The main tax provisions incorporated in the Project of Amendment are the following:
The Symbiosis between Trademarks and Marketing
Intellectual Property plays a very important role in the protection of a brand, but this process starts a long time after the brand is created, and the process of creating the brand comes after the creation of the product.
Sanitary Registration of Nicaraguan Products
Have you created something unique, with an exquisite flavor, multiple benefits or simply a food product that you know everyone should try and have? Keep reading. You have probably invested many hours in making your product, in the design of its image, in growing your social networks and others, but an aspect that is normally left out is precisely to obtain a sanitary registration before the Ministry of Health. In this article we will tell you how easy and vital it is to obtain one.
Protected Designations of Origin in Nicaragua
Law No. 380 Law of Trademarks and other Distinctive Signs (LMOSD), states that a Protected Designations of Origin is a:
Geographical indication that identifies a product originating in a country, region, locality or place whose quality, reputation or other characteristics is attributable essentially to its geographical origin, including human and natural factors; the denomination of a product that, without being a geographical name, denotes a
Important Update: Enactment of Law 976- Law of the Financial Analysis Unit & Law 977, Anti-Money Laundering/Financing of Terrorism.
Law 976, Law of the Financial Analysis Unit (Ley de la Unidad de Análisis Financiero), was duly published in the Official Gazette No. 138 of July 20, 2018 and has derogated Law 793, Law of the creation of the Financial Analysis Unit (Ley Creadora de la Unidad de Análisis Financiero), its regulation Decree 07-2013 and its amendment Decree 19-2014.