company and accountant
Dear friends,
Is it possible to set up a sole proprietorship in Nicaragua without having an accountant ?
If your answer to this question is no, how much does a Nicaraguan accountant cost, every month, at a minimum, for a sole proprietorship ?
Can you confirm or deny the following information please? : the time required for the administrative formalities that a Nicaraguan company has to complete is 201 hours per year.
Best regards
Patrick 
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Hi Patrick,
Setting up a sole proprietorship can be done by yourself, this is known as a Persona Natural.
The only thing is that a company is different, a company is a Corporate Entity or Persona Juridica. This means that you need to have a partner in the business, 2 partners is the legal minimum.
Also, with a company there are a lot more formalities that you have to keep and taxes and accounting is required.
Anything else, just let me know.
PatrickLeclerc wrote:Dear friends,
Is it possible to set up a sole proprietorship in Nicaragua without having an accountant ?
If your answer to this question is no, how much does a Nicaraguan accountant cost, every month, at a minimum, for a sole proprietorship ?
Can you confirm or deny the following information please? : the time required for the administrative formalities that a Nicaraguan company has to complete is 201 hours per year.
Best regards
Patrick
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