In Nicaragua, an increasing number of foreign companies are choosing to establish operations—either by incorporating local entities or registering branches. However, many face operational and legal challenges due to one key reason: lack of organized accounting and consistent fiscal management.

At CALA ACCOUNTING, we have assisted numerous foreign investors who, despite having strong business models, encounter unnecessary obstacles by failing to comply adequately with the country’s accounting and tax obligations.

Accounting is not merely a legal requirement—it is the financial language of business. When maintained properly, it enables companies to:

• Timely comply with monthly tax filings before the General Directorate of Revenue (DGI), including VAT, Income Tax (IR), and withholdings.
• Submit municipal tax reports promptly to the corresponding local authorities.
• Prepare and present reliable Financial Statements, required for banking procedures, audits, international accounting records, and internal business evaluations.

Both Nicaraguan companies with foreign capital and branches of foreign entities registered in the country are subject to the same accounting and tax obligations as any other entity:

• Maintain formal accounting in accordance with International Financial Reporting Standards (IFRS).
• Record all economic transactions in real time.
• File monthly and annual tax declarations.
• Issue auditable and consistent Financial Statements.

The difference lies in the fact that, in many cases, these companies must also report to their Head Office abroad, which demands even more rigorous, transparent, and adaptable accounting practices aligned with international standards.

Benefits of Specialized Monthly Accounting Support

With an expert accounting team like CALA ACCOUNTING, your company gains:

• A systematic and organized record of all commercial transactions
• Prevention of penalties, surcharges, and tax account blockages
• Support with the accurate issuance of invoices and supporting documents
• Preparation of financial and accounting reports tailored to foreign parent company requirements
• Technical advisory for strategic decision-making based on accurate data

Our firm combines local experience with international standards expertise. We provide personalized support to foreign companies operating in Nicaragua, ensuring full compliance with local tax and accounting regulations, as well as internal corporate standards.

Avoid risks and strengthen your presence in the country with the support of our professional team.

CALA ACCOUNTING, ¡Cuenta con Nosotros¡