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Single director - shareholder Companies according to the Nicaraguan legal system

What is a Single Shareholder and Director legal entity?

Generally speaking, a Single-Director shareholder Company, is defined as a legal entity formed by only one shareholder, being the same either an individual or legal entity, originating from a unilateral legal act and declaration, and complying with the corre- sponding legal requirements applicable in each jurisdiction for its formation. This type of legal entity may also be known as a ̈sociedad unipersonal originaria ̈ (Original Unipersonal or single shareholder company).pdf single_director-shareholder_companies_in_nicaragua