Nicaragua - Law on the Promotion of Renewable Electricity Generation (Law No. 532)

The Law on the Promotion of Renewable Electricity Generation (Law No. 532) provides that new projects and expansion projects undertaken by private, public or mixed-ownership entities will benefit from the following incentives: 
- Exemption from the payment of tariffs and VAT on machinery, equipment, materials and inputs
- Exemption from the payment of income tax for up to seven years after the project has started commercial operations
- Exemption from current municipal taxes on real estate property, sales and registrations during the project construction
- Exemption from stamp duty for 10 years, and exemption from all taxes that may apply to the exploitation of natural resources for five years after the start of operations.

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