LATAM: Foreign Investors Survey 2017 ttitude Consulting
NICARAGUA
Greater Attractions
High levels of public safety, young and skilled workforce, benefits obtained by the free trade agreements, tax incentives, competitive operating costs, abundant natural resources, high levels of quality of life and legal guarantees.
Political Risks?
Despite the complex political climate, stable business climate and the economic system are constantly growing, which promotes dialogue between the public and private sector.
Adequate Labor Laws?
Attractive: clear legal framework defining the rights and obligations of both parties.
Adequate Transparency and Corruption Framework?
Comprehensive legal framework: Nicaragua Penal Code, the Law of Probity of Public Servants, Law on Government Procurement and the Law of Administrative Municipal Contracting.
Suitable Fiscal Framework for Foreign Investment?
Yes. Tax incentives for special dietary uses and export sectors, export processing zones, tourism, mining and forestry. Exonerations: VAT on exports of domestically produced goods or services abroad; export tax; ISR; municipal taxes; import taxes for households of home.
Proper Framework for Promotion and Mutual Investment Protection?
Yes. Signed 19 agreements for the promotion and reciprocal protection of investments, and multiple free trade agreements, preferential access agreements and negotiating treaties with the US, China, Europe and Asia. Member of international arbitration centers on investment: ICSID, MIGA and OPIC.
Advantages of Your country over Others in the Zone
Low production costs, good workmanship. Law on Foreign Investment Promotion: Free expatriation of capital, no min. or max. investment amount, local funding possible, free possession of a privately owned property, foreign investors are not discriminated against. Tax incentives in free zones, tourism, mining and forestry.
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