Renewal of Municipal Operational License in Nicaragua
Since the first of January of each year, the Municipal Operational License that authorizes companies to operate their economic activity in a certain municipality is subject to renewal since it expired on December 31.
As of last year, the procedures for this renewal became a little more complex with the inclusion of new requirements.
For the renewal of the Municipal Registration, each taxpayer must previously procure and present:
- Sign Certificate.
- Updated corporate information.
- Payment of Operational License Tax.
- Environmental Certificate.
Maintaining an updated Operational License at all times is a fundamental requirement for a company to operate, as well as to obtain relevant documents such as the Municipal Tax Good Standing Certificate and other authorizations that can be used on a day-to-day basis.