Press Room

Nicaragua

NC: No increase to minimum wages

March, 2019

Minimum wages are reviewed every six months, in accordance with applicable legislation. Nevertheless, according to Resolution CNSM-07/03/19of the National Minimum Wage Commission, dated March 7th, the Commission will remain in permanent session and will meet monthly, during a six (6) months period,...

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NC: New changes to social security

January, 2019

Today´s resolution from the Directive Council of the Nicaraguan Social Security Institute (INSS, in Spanish) approved the following changes to the social security system:Increase to employer and worker´s contributions to the Integral Regime.Contributions of employers with more than 50 employees, inc...

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NC: Nicaraguan Institute of Social Security increases the maximum salary of contribution

January, 2019

A resolution from the executive president of the Nicaraguan Social Security Institute (INSS, in Spanish) approved a 10.04% increase to the maximum amount subject to affiliates' contributions, therefore, effective January 1st, 2019 the maximum salary subject to social security contributions rose to C...

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NC: Administrative procedures online

August, 2018

Administrative procedure for online registration of taxpayers and closing of tax obligations.On July thirty-first of the current year, the General Administrative Provision Nº 01-2018 "Online registry of taxpayers" and the General Administrative Provision Nº 02-2018 "Administrative procedure for onli...

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