Nicaragua
EOR Rate
$649
/month per employee

Hire employees in Nicaragua with Employer of Record (EOR)

Employ, pay and manage talent in Nicaragua without setting up a local entity.

Trusted by global companies hiring in 100+ countries

Country Snapshot

Currency

NIO

Timezone

UTC-6

Minimum Wage

8K NIO/Month

Payroll Frequency

Monthly

Employment Type

Full-time

Nicaragua is a developing Central American economy with a focus on agriculture and manufacturing.

General Information

CapitalManagua
Population7,007,502
TimezoneUTC-6
Official LanguageSpanish

Employment Laws

Working Hours48 hours/week
Minimum Wage8K NIO/Month
Probation PeriodUp to 30 days
Notice Period15 days

Ready to hire in Nicaragua?

Leave Entitlements

Annual Leave15 days
Public Holidays9 days
Sick LeavePaid
Maternity Leave12 weeks
Paternity Leave3 days

Social Security

Employer Rate19%
Employee Rate7%

INSS (Social Security Institute)

Don't have a local team yet?

Gini Talent can recruit qualified candidates and employ them through EOR in Nicaragua.

Taxation

Corporate Tax29.8%

Minimum tax rules apply

Termination Rules

Strict termination

Bonus Requirements:

Mandatory 13th salary

Additional Information

EOR employment in Nicaragua is subject to employee-protective labor laws and mandatory social security enrollment. Payroll administration includes statutory contributions and regulated benefits. Termination procedures are formalized and may result in severance obligations. Compliance failures can lead to penalties. An EOR manages payroll and labor compliance.

Explore related services in Nicaragua

Start hiring in Nicaragua today

Launch your Nicaragua team without setting up a local entity.