Nicaragua: Property Registration Fees Lowered

From January there will be a fall of up to 50% in rates for registry services for the registration of assets, rights and guarantees for SMEs.

Monday, December 7, 2015

The National Assembly approved the rates for public registrations in the national registration system, which will take effect on January 1, 2016.

"... With the reform, the productive sector, mainly agriculturalists, will pay 50 percent less than what they are currently paying for the registration and paying down their mortgages and their collateral. "

"... For example, some of the benefits for agricultural producers are that to pay down a mortgage in this sector 2.00 cordobas will be paid for each 1,000.00 cordobas or part, as long as the amount is less than 200.00 cordobas, and not more than 3,000.00 cordobas. "

See " Fees Act for public registration in the national registration system . "



More on this topic

Depreciation Increases Prices of Rents

November 2018

Because of the depreciation that the Costa Rican currency has been reporting in the past months, companies and individuals who rent properties will have to pay more colones in those contracts that have been agreed in dollars.

According to data from the Central Bank of Costa Rica, from August 16th to date, the Colon has registered in the wholesale market Monex a depreciation equivalent to almost 11%, leading the dollar price from ¢567.97 to ¢628.85.

Guatemala: More New Businesses Created

February 2015

The number of companies and sole traders registered in the Commercial Registry in January grew by 46% compared to the same month in 2014, a year in which a decrease of 3% was recorded.

In January 2015 2.289 companies were registered, 720 more than the 1,569 reported in the same month of 2014.

Guatemala Withdraws Registration Fee for SMEs

April 2014

Companies with under $38 billion in capital will be able to register without paying duty to the Register of Commerce.

The Register of Commerce has also reduced the number of steps needed to open a new business, reducing the time from 17 to 13 days.

"The head of the Register, Rodrigo Valladares, said that the constant changes aim to streamline the business registration processes, providing legal certainty to new entrepreneurs, and for this reason they have extended the options so that people can be made aware of the processes."

Panama: Public Registry Grows With Economy

October 2013

Construction, real estate and rentals are the main sectors generating registrations and other paperwork that have raised $40 million in revenue for the Public Registry.

This " ... is a considerable increase compared to the 4% growth which was reported in 2012 , when revenues from January to August were $33 million compared to 2011 when $ 31.8 million was raised ... " , noted an article in Panamaamerica.com.pa.

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