Overview
| Field | Value |
|---|---|
| Region | Latin America |
| ISO 3166-1 | NI / NIC |
| Registry | Registro Mercantil + DGI (tax authority) |
| Last updated | 2026-05-04 |
Identifiers
Collect two identifiers from each business customer in Nicaragua and submit them as strings on the application body.| API field | Local name | Issuer |
|---|---|---|
businessInfo.taxId | RUC | DGI (Dirección General de Ingresos) |
businessInfo.businessEntityId | Inscripción Registro Mercantil | Registro Mercantil |
Sector regulators
SIBOIF · TELCOR
Legal structures
| Local name | Abbreviation | Description |
|---|---|---|
| Sociedad Anónima | S.A. | Share-capital corporation whose shareholders are liable only up to the value of their shares; governed by the Commercial Code and the most widely used corporate vehicle for medium and large enterprises. Closest US equivalent: C-Corp. |
| Sociedad de Responsabilidad Limitada | S. de R.L. | Quota-based, closely-held company in which members’ liability is limited to their capital contributions; capital is not divided into freely tradable shares. Equivalent to a US LLC. |
| Sociedad en Nombre Colectivo | S. en N.C. | General partnership in which all partners trade under a collective name and bear joint, unlimited liability for company debts. Closest US equivalent: General Partnership (GP). |
| Sociedad en Comandita Simple | S. en C. | Limited partnership with at least one general partner (gestor) bearing unlimited liability and one or more limited partners (comanditarios) liable only up to their capital contribution. Closest US equivalent: Limited Partnership (LP). |
| Sociedad en Comandita por Acciones | S. en C. por A. | Variant of the limited partnership in which the limited partners’ capital is represented by transferable shares; general partners retain unlimited liability. Closest US equivalent: Limited Partnership (LP). |
| Comerciante Individual | — | Natural person who registers individually with the Registro Mercantil to conduct commerce; no separate legal entity is created and the proprietor bears unlimited personal liability. Equivalent to a US Sole Proprietorship. |
| Cooperativa | — | Member-owned cooperative governed by the Ley General de Cooperativas (Ley 499); profits and governance rights are allocated on a per-member basis rather than by capital share. Closest US equivalent: Cooperative. |
| Sucursal de Empresa Extranjera | — | Registered branch of a foreign legal entity authorised to operate in Nicaragua; the parent company retains full legal personality and liability. Closest US equivalent: Branch/Rep Office. |
How documents combine
For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below.| Evidence area | Documents needed |
|---|---|
| Legal Registration | Inscripción Registro Mercantil |
| Constitutive Documents | Escritura de Constitución |
| Tax Registration | Constancia RUC |
| Operating Permit | Matrícula Municipal |
| Ownership Records | All required: Escritura Pública + Libro de Accionistas |
| Governance Records | All required: Escritura Pública + Certificación de Junta Directiva |
| Signing Authority | All required: Certificación de Acta + Poder Notarial |
| Address | Any one of: Contrato de Arrendamiento · Recibo de Servicios · Estado de Cuenta Bancario |
Documents to collect
The physical documents you’ll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil’s Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed.| Document | Proves |
|---|---|
| Inscripción Registro Mercantil | Legal Registration |
| Escritura de Constitución | Constitutive Documents |
| Constancia RUC (DGI) | Tax Registration |
| Matrícula Municipal | Operating Permit |
| Escritura Pública | Ownership Records, Governance Records |
| Libro de Accionistas | Ownership Records |
| Certificación de Junta Directiva | Governance Records |
| Certificación de Acta | Signing Authority |
| Poder Notarial (notarized POA) | Signing Authority |
| Contrato de Arrendamiento | Address |
| Recibo de Servicios (≤90 días) | Address |
| Estado de Cuenta Bancario (≤90 días) | Address |
| Sector-Specific License | SIBOIF, TELCOR |
Collection notes
- Address: Lease (no time bound) or utility bill or bank statement; utility/bank documents must be dated within 90 days.
Person roles
When you submit a person on the application body, set theirrole to one of Conduit’s canonical BusinessPersonRole values. Use this table to map a local corporate-governance title onto the right canonical role.
| Local role | Canonical API role | Description |
|---|---|---|
| Presidente | CONTROLLING_PERSON | Board president. |
| Director / Vocal | CONTROLLING_PERSON | Board member. |
| Representante Legal | LEGAL_REPRESENTATIVE | Legal representative. |
| Administrador Único | LEGAL_REPRESENTATIVE | Sole administrator (alternative to board). |