Arias’s Nicaragua tax group excels at tax advice, real estate tax, customs and fiscal planning. The firm provides legal advice and assistance to clients in all the phases and it has a special focus on customs matters. The department has enhanced its role in the Nicaraguan market through a commercial alliance with Baker & McKenzie Mexico to offer in Nicaragua and the rest of the Central American region joint counselling in transfer pricing studies to comply with local regulations
In the last 12 months, the group advised Farmacias Europeas Sociedad Anónima on different tax issues. Other key clients included Banco Ficohsa Nicaragua, Sociedad Anónima.
Consortium Legal has a dominant position in the Nicaragua market. The group is focused on the application of Nicaraguan taxes to transactions and business operations. In addition, it is very active in tax litigation, both at the administrative level before tax authorities and judicial. Partner Carlos Taboada is the key contact at the firm.
Over the research period, the group worked on different tax issues. All of them remained confidential. The team strengthened itself with the addition of senior associate Karla Sandino.