7. LEGAL ASPECTS AND INCENTIVES
INVESTOR'S GUIDE HONDURAS 2020 - 2021
7.4.1 INDIVIDUAL AFFILIATION Membership created for persons who have contributed to the Regime and wish to continue to obtain the provided benefits. REQUERIMENTS: a. Original and Copy of Identity Card. b. Complete the affiliation and upgrade form (RAP Affiliates): full name, identity number, kinship, and beneficiary information. c. Completion of voluntary individual affiliation, housing fund and financial inclusion contract. d. Monthly income record • Wage earners must present proof of work with details of income; such proof must be no older than 30 days. • If Merchant, present Articles of Incorporation and financial statements for current or previous year. • Persons with income from remittances, submit bank record of the remittances received in the last six (6) months to calculate average amount. • Receipt or proof of professional fees, contracts, or any other document that the RAP deems appropriate to support the corresponding service. 7.4.2 BUSINESS AFFILIATION It is the Worker-Employer contribution: Equivalent to 1.5% worker, 1.5% Employer, it constitutes a mandatory contribution of the employers and workers of the country, which is credited in the form of savings deposits in favor of each contributing worker. REQUIREMENTS: a. A copy of the Articles of Incorporation or document that protects legal personality and the respective reforms. b. A copy of the Administration and Representation Power of Attorney. c. A copy of the Identity Card of the Legal Representative and the Company Contact d. A copy of the RTN of the company and its legal representative. e. Complete Employer Affiliation Form f. Current Operation Permit g. Prepare the RAP Spreadsheet below, and submit 2 copies. h. A copy of the identity card of each employee. i. A copy of the previous month’s payroll (signed and stamped). j. Attach a copy of the IHSS spreadsheet for the month prior to
affiliation. k. Fill out registration sheets of the affiliate and beneficiaries (after the delivery of documents). l. Receive an informative speech about the benefits of being a contributor to RAP, for which the employer must coordinate date where all or most employees should be present. m. Map of company location, with signature and stamp of the company n. Signature Register * All documents produced by the company must be presented to the RAP, duly sealed and signed. * Please indicate who is the Legal Representative and Shareholders with their respective identity numbers.
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