Nicaragua
AI Agent Legal Status: restrictive · Autonomy: none
Legal Framework
Nicaragua has no AI or crypto-specific legislation. The BCN (Central Bank) has issued warnings about cryptocurrency. Political isolation and US sanctions on government officials limit international business operations. Free trade zones exist but are primarily for manufacturing.
Key Laws & Regulations
- ◆BCN (Banco Central de Nicaragua) crypto warnings
- ◆Ley de Firma Electrónica (2010)
- ◆Código de Comercio
Business Formation
Sociedad Anónima (SA) is standard. Registration through Registro Público Mercantil. Bureaucratic process. Political climate discourages foreign investment. Free trade zones available but focused on traditional industries.
Tax Implications
Corporate income tax at 30%. VAT at 15%. Free trade zone benefits for qualifying manufacturers. No crypto-specific tax framework. US sanctions on government officials may affect banking relationships.
Opportunities
Very limited in current political environment. Low-cost operations possible if political risks are acceptable. Future political transition could change landscape.
Highlights
Low operating costs. Free trade zone infrastructure exists. Geographic position in Central America.
Risks & Challenges
Political authoritarianism and international isolation. US and EU sanctions on officials. Limited tech infrastructure. Brain drain. Weak rule of law and property rights. Not a viable jurisdiction for most international digital operations.