Nicaragua has published Law No. 917/2015 in its Official Gazette, which introduces a new tax incentives scheme for export free trade zones. Under the scheme, qualifying companies operating in a zone will be eligible for the following incentives:
- A 10-year income tax exemption holiday, which may be extended a further 10 years, and a 60% income tax exemption once the holiday period expires; and
- An exemption from the following:
- Capital tax;
- Stamp duty;
- Indirect and excise taxes;
- Export taxes on…