In Nicaragua, the authority responsible for corporate registration is the Registro Público de la Propiedad y del Comercio (Public Registry of Property and Commerce), under the Ministry of Development, Industry, and Trade. Companies must also register with the Dirección General de Ingresos (General Directorate of Revenue) to obtain a Tax Identification Number (NIT). Common company types in Nicaragua include Sociedad Anónima (SA), a Joint Stock Company, and Sociedad de Responsabilidad Limitada (SRL), a Limited Liability Company.