The Legal 500

Legal Developments in London

• The legal difference between a consultant and an employee according to Nicaraguan Law

  Knowing the legal difference between a consultant and an employee is important for a company that needs to hire someone in Nicaragua or for a person interested in rendering services for a company or another person, due to the fact that the nature of the contractual relationship will determine many factors that both parties must be aware of before executing the contracting modality that will govern the relationship between them - the nature of the contractual relationship impacts on the employment benefits, tax implications and liabilities that the parties must comply with according to the law.  labor_law_in_nicaragua
  - Alvarado y Asociados

• Single director - shareholder Companies according to the Nicaraguan legal system

  What is a Single Shareholder and Director legal entity?
  - Alvarado y Asociados

• Business in Nicaragua- The Most Important Changes in the Recent Tax Reform

  In recent years, the country ́s the government has been committed to improving Taxation in Nicaragua and attempting to follow the legislative model used by some of the other countries in the region. Starting January 1st, 2013, a new tax law (Law No. 822, Tax Concertation Law) came into force in and completely changed the taxation system in Nicaragua. Two years later a new law was issued by the National Assembly containing more than 80 amendments, additions and repeals (Law No 891) which came into force December 18th, 2014.
  - Alvarado y Asociados