Nicaragua published Law No. 1278 in the Official Gazette on 9 April 2026, which expands the tax benefits for free trade zone operators and companies. For free trade zone operators, this includes a 100% exemption from income tax on economic activity and from the payment of tax on dividends obtained under the free trade zone regime for a period of 15 years, which may be extended for equal periods, subject to approval by the National Free Zones Commission. The exemption from tax on dividends al…