All Non-Profit Organizations (NPOs) registered in Nicaragua are required to submit their Financial Statements for the close of fiscal year 2025 to the General Directorate for Registration and Control of Nonprofit Organizations (DGRC-OSFL) of the Ministry of the Interior (MINT), no later than February 28, 2026.
This reminder is based on Law No. 822 (Tax Coordination Law), Law No. 1115 (General Law for the Regulation and Control of Nonprofit Organizations), and the applicable prudential regulations on oversight and prevention of terrorist financing.
Deadline and procedure
NPOs must comply with this obligation no later than February 28, 2026. Compliance involves a two-step process:
- Physical submission of the documentation to the DGRC-OSFL.
- Registration of financial and donation information on the MINT’s institutional portal within 3 to 5 days after the physical submission.
The fiscal period to be reported covers January 1 to December 31, 2025, and this requirement applies regardless of the organization’s size, level of operations, or source of funding.
What documents must be submitted?
The authority requires a comprehensive package of financial and accounting information that includes, among others:
- Financial statements certified by a Certified Public Accountant (CPA).
- Comparative balance sheet and income statement with the previous period, including corresponding notes.
- Detailed trial balance.
- Cash flow statement, bank statements, and reconciliations.
- Detail of fixed assets, changes in equity, income, expenses, and donations.
- Accounting books (journal and ledger), copy of tax declaration to the DGI, and RUC.
- Negative certificate of real property and vehicle registration certificate, when applicable.
Special rule for NPOs with higher revenues
If during 2025 the organization received or executed C$50,000,000.00 (US $ 1,359,198.89) or more, it must additionally submit an audit of its Financial Statements or a program/project audit, accompanied by a compliance report on identified findings.
Organizations with no accounting activity must formally notify this through a CPA certification and must still submit their accounting books. An organization will not be considered “inactive” if it carried out administrative procedures, made payments to accountants, or recorded transactions in asset accounts.
Risks of noncompliance
Failure to comply in a timely and proper manner empowers the DGRC-OSFL to request clarifications, require additional information, and impose administrative sanctions under Law No. 1115.
Fines may range from C$5,000 to C$10,000 (US $135,82 to US $271,64) per breach, doubling in case of repeat offenses. In serious or repeated cases, intervention or suspension of the NPO may also be ordered.
