Accounting is the foundation of any business, large or small. Having accurate and timely financial data is of utmost importance to any successful business as it allows for management, owners, and stakeholders to make informed financial and operational decisions.
The tax obligations that companies and individuals currently operate in is characterized by constant change and increased complexity. Business and financial decisions are impacted by regulatory challenges placed by tax authorities with ever-increasing enforcement initiatives.
Current legislation has left no doubt that in as many cases as possible the law will aside with the employee in many circumstances. That is why it is important to make sure that your payroll is done correctly and as accurately as possible.
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wherever your business takes you.
I have run portions of my North American company in the cloud for many years and have worked with various bookkeepers and accountants. Based on my experience as a business owner, I highly recommend SAENICSA for the services they will be able to provide for your business.
They are on top of all the details and I really appreciate all the reminders and tips about the monthly filings, payroll obligations and so on. They are also an incredible resource for anything Nicaragua and have also been great at providing us with some longer term financial advice. We highly recommend Mario and his team at SAENICSA.
To start, what is a budget? A budget is simply an estimate of revenues, expenses and capital reserves for a set period of time. It is an essential part of good financial practices and a helpful tool for business owners. At the end of this article we have a download link for a budget templateMay 14, 2019
The National Assembly approved towards the end of the month of February 2019 tax reforms that not only revised law 822 Law of Tax Concertation, but it also changed the law 562 which is the current tax code. Both of these laws and their respective bylaws are what regulate the national tax system in NicaraguaMay 14, 2019
Since the 25th of January 2019 a proposed reform to current the current tax law has been on the dock of the National Assembly, the legislative body of the Nicaraguan government. Given the current economic and social circumstances the proposed reforms have raised many questions as to the viability of implementing these changes. Putting asideFebruary 2, 2019
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