7. LEGAL ASPECTS AND INCENTIVES
INVESTOR'S GUIDE HONDURAS 2020 - 2021
REQUIREMENTS: a. Individual working contracts for an indefinite period. b. Affiliation with the Honduran Social Security Institute (IHSS, for its acronym in Spanish). c. Payment of the minimum wage according to the category and number of employees. d. The enterprise must be affiliated with the Chamber of Commerce. PROCESS OF PARTICIPATION: Step 1 a. Expression of interest to participate, in the Chamber of Commerce of the locality. In this step, the evaluation of the company is carried out by the Presidential Programwith "Chamba Vivís Mejor" Step 2 a. Application for an agreement between the Chamber of Commerce and the company. b. A copy of the the company´s Articles of Incorporation. c. A copy of the company’s RTN. d. Operation permit. e. A copy of the identity card or passport of the company’s legal representative. f. A copy of a power of attorney certifying his representation. g. Certification of delegation of signatures authorized by the legal representative of the company. Step 3 a. Information sheet of the beneficiary b. Registration of the contracted beneficiary. c. A copy of working contract for an indefinite period. d. A copy of the identity card of each beneficiary. e. IHSS spreadsheet of additions. The spreadsheet of additions must be submitted to the Chamber of Commerce at the time it is issued by the IHSS. Step 4 a. Application for payment of economic beneficiary. b. Monthly payroll of beneficiaries. c. 3-month payment voucher signed by the beneficiaries, or copy of proof of electronic transfers, duly accredited by the banking institution.
REQUIREMENTS: a. A copy of the Company Operations permit. b. A copy of RTN. c. A copy of Articles of Incorporation. d. Permanent employee spreadsheet of the last three months. PROCESS OF PARTICIPATION: a. Register the company with the Ministry of Labor. b. Fill out the Application form for the Registration of a Legal Entity with the following documents: c. Spreadsheet of the last 3 months, without indication of wage; only name and position. d. A copy of the Articles of Incorporation or operation permit. e. Each concluded contract must be registered with the Ministry, filling out the registration form with a copy of the contract and the employee’s identity. *The Ministry of Labor provides a document entitling the company from that day forward, to hire employees under the program. *The law applies only to new hires. 7.6.2 PRESIDENTIAL PROGRAM "CON CHAMBA VIVIS MEJOR" It consists of a payment of half of the average minimum wage for each new job generated by the company, an incentive that will be delivered during the 2-month trial period. An additional month of subsidy will be given to the beneficiary companies that maintain 70% of the beneficiaries after the end of the trial period. DESCRIPTION: a. Target population characteristics: Unemployed persons. b. Condition of the Participant: Registered with the National Employment Service
c. Territory: Natiowide, urban and rural area. d. Conditions of the participating enterprise: • Ensure permanent work • Social security of the worker
• Payment of at least, the minimum wage • Have an indefinite contract of employment e. Business associations as joint managers of the program, will be the participating companies.
Powered by FlippingBook