2013-2014 Doing Business in Nicaragua guide is released

MANAGUA, Nicaragua - Dec. 12, 2013 - PRLog -- The 2013-2014 Doing Business in Nicaragua guide was presented on December 10th by PRONicaragua, the official investment and export promotion agency of Nicaragua, along with the Ministry of Development, Industry and Trade (MIFIC, for its acronym in Spanish) and the American Chamber of Commerce of Nicaragua (AMCHAM).

The Doing Business in Nicaragua guide, available in English and Spanish, is an annual publication that presents the country’s major investment and business opportunities for national and foreign investors. It includes the legal framework for investment; the main laws and incentives that promote, attract and foster investment; all types of support to do business; main guarantees; immigration procedures; the property acquisition process; labor regulations; and international agreements subscribed by the country.

The Government of Nicaragua, through its president, Daniel Ortega Saavedra, has established the goal of attracting more investment that contributes to the socioeconomic development of the country. The government seeks to provide confidence to businessmen and workers in order to continue providing job opportunities and diversify investment towards other economic sectors, through a good performance of public policies.

Some aspects that have contributed to the country’s growth have been the open dialogue and the alliance between the government, labor unions and the public sector; the social and economic stability; the high levels of citizen security; the diversification of commercial partners; and the continuous improvement of the country’s business climate.

This guide is available online, on the websites of all three institutions. The printed editions will be distributed by the partners and simultaneously through Nicaragua’s diplomatic representations abroad, through the Ministry of Exterior Relations (MINREX, for its acronym in Spanish). Also, it will be distributed locally through certified embassies in Nicaragua, to national and foreign investors visiting the country, private sector chambers, renowned law firms, government universities, and institutions that regulate investment.