NICARAGUA – New Minimum Monthly Wage
The National Minimum Wage Commission announced through Act No. 1 CNSM-02/23/203 the entry into force as of March 1, 2023 of the new monthly minimum wages that will govern Nicaragua…
COSTA RICA – Temporary Special Category – Free Condition
For nationals from Cuba, Nicaragua and Venezuela, with pending or denied refugee applications. Due to the socio-political situation in the countries of Cuba, Nicaragua and Venezuela as well as to…
NICARAGUA – Copyright in the Age of Artificial Intelligence: Legal Implications and Ethical Dilemmas
Artificial intelligence (AI) has revolutionized the way we interact with technology, from virtual assistants to fraud detection. As AI has become more advanced, new legal and ethical challenges have arisen…
NICARAGUA – Renewable Energy Generation
Nicaragua is a country with significant renewable energy potential due to its geographic location and tropical climate. At CENTRAL LAW, we have developed a Guide to the Energy Sector in…
NICARAGUA – Obligation to keep updated data before DGI
Dear clients, At CENTRAL LAW, we are concerned about the well-being of your businesses, and that is why we want to remind you of the importance of maintaining updated information…
NICARAGUA – Reduction of the exchange rate sliding rate of Cordoba to the Dollar by 1% per year
The Central Bank of Nicaragua (BCN), through a Press Release published on January 23, 2023, announced that its Board of Directors decided to establish the sliding rate (crawling peg) of…
NICARAGUA: TENDER NOTICE – CONSTRUCTION OF THE COSTANERA HIGHWAY IN THE PACIFIC
The Ministry of Transportation and Infrastructure of Nicaragua (“MTI”) invited on December 16, 2022, through Tender Notices, to participate in the International Public Tender LPI-003-2022 and International Public Tender LPI-004-2022,…
NICARAGUA – New term to qualify for tax benefits for energy generation projects with renewable sources
Law No. 532, "Law for the Promotion of Electricity Generation with Renewable Sources", was approved and entered into force in 2005 with its publication in La Gaceta, Diario Oficial No.…
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