Final Beneficial Owner Registration and Update of Basic Information of Commercial Companies (PART 2)
Commercial companies that take any action or omission regarding the declarations of the Ultimate Beneficial Owner and/or the update of basic information will incur violations, which may include: Administrative Appeals against Sanctioning Resolutions: In response to sanctioning resolutions, two types of appeals may be filed: Cancellation of the Registry of Ultimate Beneficial Owners Three specific […]
COVID-19, contractual and tax obligations, and the case of force majeure and unforeseen circumstances.
On March 11, 2020, the WHO declared the spread of COVID-19 a pandemic. Governments around the world adopted a series of measures to slow down the spread of the virus, and in recent weeks we have seen how this situation has affected practically every aspect of daily life. Nicaragua has been no exception. In Nicaragua, […]