Guides an AI agent through the full monthly IVA compliance cycle for a Nicaragua business registered with DGI: regime eligibility check, transaction classification at 15% (or exempt/zero-rated/reverse-charge), input-credit calculation, and submission of the monthly IVA declaration via the DGI VET portal by the 15th of the following month.
Confirm the client is a General Regime taxpayer registered with DGI and therefore required to file monthly IVA declarations. Screen out Cuota Fija small taxpayers (who pay a fixed monthly amount instead), free-zone entities, and cooperatives with special IVA treatment — all of which require escalation rather than a standard IVA return.
Review all sales and income transactions for the period and classify each as standard-rated (15% IVA), zero-rated (exports), or exempt. Calculate gross output IVA on domestic taxable sales. Flag any self-supply (autoconsumo) events that constitute a separate taxable event under LCT Ley 822.
Classify all purchase and expense transactions to determine which carry recoverable input IVA. Apply the blocking rules under LCT: entertainment, personal food (supermarkets for personal use), motor vehicles (sedans/SUVs), and any costs exclusively attributable to exempt supplies are blocked. Apply reverse charge at 15% on payments to non-resident digital service providers (Google, Microsoft, Adobe, Meta, Zoom, Notion, etc.).
Run this workflow in your AI agent
Install the MCP connector once — your agent loads the right skills, works through each phase, and routes to a licensed Nicaragua accountant for review.
Compute net IVA payable (output IVA minus allowable input IVA credits minus any prior-period credit balance). Where input credits exceed output IVA — common for exporters — determine whether a refund or carry-forward applies. Reconcile the IVA position against bank statement totals to catch omissions before filing.
Log in to the DGI VET portal (dgi.gob.ni), complete and submit the monthly IVA declaration with the figures from the approved workpaper, and arrange payment of any balance due by the 15th of the month following the period. Retain the DGI-generated receipt (comprobante) as filing proof.