Setting up a Nicaragua subsidiary is the first of many necessary steps to begin operations in the country. Once you have a legal entity established in Nicaragua, you can hire employees, set up your payroll, and more. But you won’t start to realize the benefits of expansion until after the months it takes to incorporate.
G-P can help you expand without the need to set up a subsidiary in Nicaragua. This means you can begin compliant business operations in the country starting in just minutes instead of months.
How to set up a Nicaragua subsidiary
Setting up a Nicaragua subsidiary requires a significant amount of planning before you can start the process. First, you have to find the right location within Nicaragua that’s most friendly to international investment. Different regions and cities can have their own Nicaragua laws that will impact how to set up your Nicaragua subsidiary. If you’re not sure which location is best for your subsidiary, it’s best to turn to the expertise of a local lawyer, consultant, or accountant who can help.
Selanjutnya, Anda harus fokus memilih entitas yang tepat. Ketika Anda mendirikan anak perusahaan Anda di Nikaragua, Anda dapat memilih di antara berbagai struktur anak perusahaan, seperti korporasi atau cabang. Penting untuk memilih salah satu yang memenuhi tujuan bisnis Anda, karena entitas Anda memerinci tindakan apa yang dapat Anda lakukan di negara tersebut. Many companies choose to incorporate as a corporation because they can work almost like a resident company. However, the most common option is establishing as a limited liability company (LLC).
Menyiapkan anak perusahaan Anda di Nikaragua sebagai LLC meliputi langkah-langkah berikut:
- Menyusun tindakan pendirian
- Memperoleh pembukuan akuntansi dan perusahaan di toko buku setempat
- Menyerahkan tindakan pendirian di VUI
- Mendaftar sebagai pedagang
- Mendaftarkan pembukuan akuntansi
- Mendapatkan dokumen registrasi tunggal dan mengirimkannya pada VUI
- Obtaining an international investor certificate, if applicable
Nicaragua subsidiary laws
Nicaragua’s subsidiary laws dictate everything you need to make sure your company stays compliant. You’ll have to have one director, two shareholders, and an auditor for the Nicaragua subsidiary setup process. Kementerian Pengembangan, Industri, dan Perdagangan mengatur semua perusahaan di negara tersebut dan akan mewajibkan Anda untuk menyelesaikan semua transaksi secara langsung. You’ll also need a tax identification code before you officially start operations.
All companies, whether they’re a corporation or branch, need a commercial bank account that takes about 4 to 6 weeks to establish. Keep in mind that you’ll also need at least 10,000 Nicaraguan cordobas. The process will require you to appoint a legal representative with Nicaraguan residency to draft an act of incorporation.
Benefits of setting up a Nicaragua subsidiary
Finally setting up your Nicaragua subsidiary means you can start hiring employees, paying them, and getting your business up and running. Memilih untuk bergabung sebagai perusahaan dapat memberikan lebih banyak manfaat jika Anda membatasi tanggung jawab pemegang saham pada apa yang mereka kontribusikan. Pengaturan ini akan menjaga perusahaan induk Anda tetap aman dari litigasi atau masalah lain dari anak perusahaan, dan anak perusahaan dapat memilih budaya dan lingkungan kerjanya sendiri.
Pertimbangan penting lainnya
If you don’t work with an Employer of Record (EOR), you’ll need to hire a compliance expert who can make sure you won’t face any fines or delays. If no one in your company is an expert in Nicaragua’s subsidiary laws, a good alternative could be hiring a consultant or a lawyer who has helped other companies expand in the country.
You’ll also need the time and money to travel back and forth to Nicaragua frequently since the country requires for all transactions to happen in person. You should also work with your accounting department to make sure your company has the required budget for this.
Masuki pasar baru dengan G-P — tidak diperlukan entitas baru.
Atasi kompetisi dan masuki pasar baru dalam hitungan menit, bukan bulan, dengan G-P . Kami telah memasangkan tim ahli hukum dan SDM dalam wilayah kami yang terkemuka di industri ini dengan Global Employment Platform #1 kami untuk membantu Anda merekrut dengan patuh di lebih dari 180 negara, menghilangkan kebutuhan untuk mendirikan entitas atau anak perusahaan setempat.
Get in touch today to learn more about how we can streamline the global growth process.