Fees and timelines in 2023


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 typesCostDraft invoice
CorporationUS$15,750View invoice PDF
Branch officeUS$16,850View invoice PDF


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

Service SAPLCBranchRep Office
1.Engagement planning2 weeks3 weeks4 weeks4 weeks
2.Company incorporation period2 weeks3 weeks4 weeks4 weeks
3.Bank account approval4 weeks5 weeks6 weeks6 weeks
4.Internet banking approval1 week1 week1 week1 week
5.Engagement completion1 week1 week1 week1 week
Total engagement period10 weeks13 weeks16 weeks16 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
  • Sales & Business Development Manager
  • Contact me!
Pronicaragua MIFIC CZF Central bank DGI