Single Window for Foreign Trade in Nicaragua
By Guy José Bendaña-Guerrero & Asociados
The National Assembly of Nicaragua approved on March 28, 2023, Law No. 1,147., which creates the Single Window for Foreign Trade in Nicaragua (VUCEN) to facilitate and simplify port procedures, pre-customs permits, and other required documents for export or import.
VUCEN, as a decentralized entity under the authority of the Ministry of Development, Industry, and Commerce (MIFIC), will be responsible for the administration of the technological platform where the issuance and processing of permits and documentation for authorized imports and exports will be centralized.
The new system will consolidate permits and document issuance from at least 11 institutions involved in imports and exports, as well as port procedures. This tool will reduce processing times from 7 to one or two days for business sectors and agricultural exporters.
The Single Window for Foreign Trade (VUCE) is a common computer tool used in several countries for the electronic processing of prior authorizations, permits, certifications or approval required by various public bodies to carry out import and export operations. The software developed for the VUCE ensures that the various procedures are technically and legally secure by providing for digital signature and online payment.
The decision was taken in order to put an end to the existing system, under which the various bodies involved in foreign trade formalities operated without any coordination, limitations or common approach, following different lines of procedure. This situation gave rise to duplication of requirements which, owing to the absence of interaction, data management and coding of languages, could not be pinpointed except from within a given body. This led to periods of inactivity in the processing of formalities and detracted from the transparency and efficiency of government action.
The main reasons for implementing the Single Window for Foreign Trade were security, costs, transparency, control and evaluation.
