What is a trade secret? For information to be considered a trade secret, it generally must: Have commercial value because it is secret, Be known only by a limited number of people, and Be subject to reasonable measures to maintain its secrecy by the person who lawfully controls it, including the use of confidentiality agreements […]
INCREASE IN MINIMUM WAGE IN SOME SECTORS IN NICARAGUA Increase in Minimum Wage in Some Sectors in Nicaragua In Nicaragua, the minimum wage has increased by 3% in most economic sectors, except for some industries such as artisan and tourism, where the increase will be 1%. It is important to note that the minimum wage […]
Female Leadership #WithoutGenderRoles This March, in commemoration of the fight for women’s rights and equality, at Lexincorp we want to show our full support by promoting our campaign #WithoutGenderRoles, because women are capable of achieving everything we set our minds to. To reinforce this message, we interviewed the Managing Partner of Lexincorp Nicaragua, Claudia Vivas, […]
Geographical Indications: A Link Between the Product and the Region Geographical Indications: A Link Between Product and Region A Geographical Indication (GI) is used to identify products whose characteristics are granted by the natural qualities of the geographical environment, and they are recognized as originating from that specific region, with particular qualities, reputation, or other […]
Mandatory Registration in the Final Beneficiary Registry for Commercial Companies Since April 19, the implementation of the Final Beneficiary Registry for commercial companies began, requiring the update of the Final Beneficiary information for companies. A Final Beneficiary (FB) of a commercial company is defined as: a) The natural person or persons on whose behalf an […]
Trade Facilitation in Central America During the Pandemic International Trade’s Importance in Our Lives and Trade Facilitation in Central America During the Pandemic International trade is of particular importance in our lives. On one hand, it allows consumers to acquire goods and services from countries that develop them more efficiently, in other words, at a […]
The Ministry of the Interior of the Republic of Nicaragua has recently implemented a new online procedure system that applies to institutions governed by this body, such as the General Directorate of Migration and Foreigners, the General Directorate of Firefighters of Nicaragua, and the National Penitentiary System. According to the authorities, this aims to facilitate […]
