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

The prescription of national and municipal taxes- What you need to know.

Tax obligations can be extinguished in a number of ways ranging from payment of the obligation, through compensation and even the death of the taxpayer (as long as there are no heirs and no assets have been left to satisfy the obligation).


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

Migratory Incentives for Nicaraguans

If you are a Nicaraguan citizen who has resided abroad for at least two years, it is important that you know about regulations that represent a number of incentives if you wish to return to the country.

We refer to two laws in particular: (i) Law 535 "Special Law on Migration Incentives for Nicaraguan Residents Abroad, and (ii) Law 265" Law that Establishes Self-despatch for Import, Export and Other Regimes.


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

Labor Income Tax- What is it and What Income Does it Affect?

The Labor income Tax, created by article 11 of the Tax Concertation Law, is income derived from all kinds of consideration, remuneration or income, regardless of its denomination either in money or in kind and deriving from the personal work provided by the employee.


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

Do Banks have the Right to Request so much Information from their Clients?

The banks at the time of starting a relationship with a client, whether it is for the opening of accounts or another transaction, currently require information in order to confirm that the person or entity that is requesting financial services exists and where the funds come from, among others.


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

Sanitary Registration in Nicaragua

The commitment to protect the health of citizens is not only the responsibility of the State through the health authorities, instead each manufacturer and distributor should assume a sense of responsibility, honesty and professionalism that can urge them to comply with all the legal provisions and processes established by the authorities to guarantee the sanitary quality and safety of the products offered in the market.


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