Some facts about the new Law of Guarantees over Goods and Chattels. (Ley de Garantias Mobiliarias)
In order to give a boost to trade exerted by micro, small, and medium enterprises (hereinafter MSMEs) in the country, responding to their need to access credit from financial institutions, which require the provision of guarantees MSMEs are not able to provide, for lack of real estate properties sufficient to provide mortgage guarantees, it has been a duty of the National Congress, to try to provide a modern
A Look into Private Security Service in Nicaragua
Even though Nicaragua is ranked as the safest country in the region, citizens are not exempt of being victims of crime either in the streets, offices, and business or in their own homes. Therefore many of us turn to companies that provide security service to ensure the safety of our employees, customers, family and ourselves.
Registering your Trademark in Nicaragua
Most people would think that the trademark registration in our country or any country for that matter is a very well defined process with basic requirements, but the fact is that to date there is uncertainty about the protection that institutions provide in this particular area and what really prevails is a disablement of the tools that the state provides citizens to ensure their rights over their own creations.
Some laws that provide tax incentives in Nicaragua- Part I
On this occasion, we present the first part of a series of articles in which we'll make a brief statement of the main laws that provide tax incentives in Nicaragua in different economic sectors.
New Minimum Wages
In accordance with Minute No. 2 of the National Commission of Minimum Wage from August 18, 2016, new minimum wages shall be applied from September 1st, 2016 to February 28, 2017, as follows: