Tax Update- Important changes you should be aware of as we start 2016.
A new law (Law No 891) came into force starting December 18th, 2014 with amendments, additions and repeals for Law No 822, Tax Concertation Law. We will describe the most important changes in each section below:
Policies for Water Resources in Nicaragua
Every day, we become more aware of the importance of protecting our environment, climate changes occurring on an almost daily basis have made that need clear. It is for this reason, that even though it is of upmost importance that we protect all of our natural resources, water as a finite life source is one of the most important and one of the resources requiring the most protection and preservation. Nicaragua, has a great wealth of water resources, we have seas, rivers, lakes and lagoons. Despite this, until recently we did not have a policy to regulate the use and consumption of water resources.
Legal Relevance of Trademark Registration and Use
Over the years, trademark registration processes have increased in Nicaragua, as a result of different international conventions and treaties which collaborate to properly understand trademark registration process and use matter; besides, Law N° 380 “Law on Trademark and Other Distinctive Signs”, its regulation and the Intellectual Property Registry, consolidates the bases for a better legal protection for businessmen and consumers IP ́ s related matters, providing them not only with legal protection, but also with the confidence to compete and offer their goods and services on the market.
The Regulation of Investment Companies in Nicaragua
Having our legislation reserved a space for forty-five years for a proper regulation of Investment Companies, since the adoption of the Special Law on Financial Companies, Investment and others, known as Decree 15-L of April 9, 1970, and various attempts along these years; today Nicaragua has a legal body that regulates such companies satisfactorily. In this regard, the Investment Companies Act, Act No. 899, published in the Gazette No. 76 of April 27, two thousand
Electronic Money in Nicaragua: Amalgamating technology, law and business
In humanity ́s never-ending quest for improvement, technology plays a significant role as to the development of tools, production of devices and equipment, the upgrading of techniques, skills and processes which, in general, lead to the accomplishment of higher and higher goals that impact or influence our lives in different ways.