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Fees and timelines in 2024

Fees

payment by instalmentNicaragua LLC setup costs in Year 1 will amount to US$9,950 and annual company costs in Year 2 and thereafter will amount to US$2,800. The average fee per engagement amounts to US$15,750 including i) Nicaragua company incorporation ii) corporate bank account setup iii) legal registered office and iv) all government registration fees.

Different Nicaragua entity types Cost Draft invoice
Corporation US$15,750 View invoice PDF
Branch office US$16,850 View invoice PDF

Other fee considerations

Timelines

The average Nicaragua company registration period is 10 weeks as outlined below:

Service SA PLC Branch Rep Office
1. Engagement planning 2 weeks 3 weeks 4 weeks 4 weeks
2. Company incorporation period 2 weeks 3 weeks 4 weeks 4 weeks
3. Bank account approval 4 weeks 5 weeks 6 weeks 6 weeks
4. Internet banking approval 1 week 1 week 1 week 1 week
5. Engagement completion 1 week 1 week 1 week 1 week
Total engagement period 10 weeks 13 weeks 16 weeks 16 weeks

nicaragua business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Nicaragua, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Senior Manager, Sales and Business Development
  • Get in touch