Change of form for registration and update of information in the Single Registry of Taxpayers in Nicaragua (RUC)

Article 103 of the Tax Code of the Republic of Nicaragua and its amendments (CTr) regulates the obligation of all taxpayers to register and keep their information updated in the Single Taxpayers Registry (RUC) of the General Revenue Directorate (DGI) of the Ministry of Finance and Public Credit (MHCP). For such purposes, the Tax Administration provides the “Taxpayer Registration Form for Legal Entity” forms on its web page, which are a fundamental requirement in the registration and information update procedures carried out by companies before the tax authority.

Recently, the taxpayer registration and update form applicable to legal entities (companies) has been updated in the web page of the General Revenue Directorate; the change consists of an additional section that requires new information about the general manager of the company. (Download form here)

We clarify that, for the purposes of carrying out the registration and updating procedures, it is mandatory for taxpayers to use the new form provided by the Tax Administration. At the time of completing the fields of the referred form, in the new field of general manager, the information of the same legal representative registered before the Public Mercantile Registry can be provided, or a different person can be indicated who has this appointment within the company. It is important to note that you must provide the identity document, contact information and address of the person you are appointing as general manager.

We reiterate that the registration and data update form applicable to legal entities is the main instrument through which taxpayers provide their basic information to the Tax Administration and comply with their formal obligation contemplated in article 103 of the Tax Code of the Republic of Nicaragua, therefore, it is advisable to have the appropriate advice when carrying out this type of procedures and completing the information required in the form indicated above.