WashingtonRise Logo

LLC Corporation Export Processing Zone Company Branch Office Rep Office
Local Name CRL SA Empresa de la zona de procesamiento de exportaciones Sucursal Oficina de representación
Company Setup Time 10 days 10 days 10 days 15 days 15 days
Bank Account Opening 15 days 15 days 15 days 25 days 25 days
Government Grants Available Yes Yes Yes No No
Government Contracts Bidding Yes Yes Yes No No
Legal Liability Yes Yes Yes No No
Client Required to Travel No No No No No
Inquiry Inquiry Inquiry Inquiry Inquiry

Corporate Structure Explained

The Nicaragua Corporation (Sociedad Anónima — SA)

  • It is the most famous and easy corporate vehicle to establish a business. The Nicaragua Corporation shall appoint a minimum of one director and two shareholders, who may be local or foreign citizen. To complete the registration process there is a requirement of at least a USD 1 paid-up capital.
  • This corporation shall appoint a legal auditor and it shall prepare and present yearly audited financial statements.

The Nicaragua branch (Sucrusal)

  • A branch of a foreign entity may be registered in Nicaragua. The holding company is liable for the organization and its operations. It shall appoint a legal representative, who must be a local resident of Nicaragua.

Fast Incorporations