7. LEGAL ASPECTS AND INCENTIVES
INVESTOR'S GUIDE HONDURAS 2020 - 2021
RAP SPREADSHEET FORM
Name of the Company:______________________ Minimum wage according to sector: _____________
Month /Year: _____________________________ Business sector: ___________________________
QUANTITY 1. 2.
IDENTITY CARD NUMBER
FULL NAME ACCORDING TO IDENTITY
ORDINARYWAGE
Signature and seal of Legal representative of the Company__________________________________
7.5 MINISTRY OF LABOR AND SOCIAL SECURITY (STSS) 7.5.1 EMPLOYMENT CONTRACT An employment contract is an agreement between the employer and the employee, in which the latter promises to provide certain services on behalf of the employer and under her/his direction, in return for remuneration. Contract can be signed by: a. Legal age (18 years old). b. Legally emancipated persons under the age of 18. c. Over 16 years old and under 18 years old, if they have the consent of their parents or guardians. If they live independently, with the express or tacit consent of their parents or guardians. d. Foreigners, in accordance with the applicable law. The employment contract may be formalized verbally or written when the Law so provides. Each party may require the contract be concluded in written form, at any time during the employment relationship. Concerning the probationary period, its establishment is optional and by mutual agreement; it must be reflected in the written contract, without exceeding two (2) months. During this period, the employment relationship may be terminated at will of either party; without any cause and without notice, unless otherwise agreed. No probationary period may be established when the worker has previously performed the same functions in the company, under any form of recruitment.
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