7. INVESTORS GUIDE HN - LEGAL ASPECTS AND INCENTIVES

7. LEGAL ASPECTS AND INCENTIVES

INVESTOR'S GUIDE HONDURAS 2020 - 2021

Who performs the procedure? The Businessperson or Legal Proxy Where is it done? The Department of Labor Control at the Honduran Social Security Institute (IHSS, for its acronym in Spanish) Average Time: 30 days Cost: No cost. REQUIREMENTS: a. Document certifying the name of the employer (Merchant or company´s Articles of Incorporation). b. Document accrediting the legal representative of the employer and RTN. c. A copy of the RTN of the Merchant or company. d. Address of the employer (2 Sketch map on separate sheet, of business location). e. A copy of the identity cards of each of the shareholders, or passport or residence card in case of foreigners. f. A copy of a public utility receipt. (HONDUTEL or SANAA) g. Panoramic photograph of business or office location, at an appropriate distance. h. A copy of the current operation permit of the Municipality. i. Complete the application for the creation of the medical assistance application and receive an electronic template. j. Two copies of identity and list of workers indicated.

*All these images must be sent to the e-mail of the migration officer in charge of the request. If the application is submitted by the legal representative, an image of the authenticated power of attorney, stamp and identification must be uploaded. Any questions or queries can be made to the call center: 2232 7800 ext. 220 Secretary General. *All documents coming from abroad must be presented duly legalized and those authorized in foreign language officially translated by the Ministry of Foreign Affairs and International Cooperation or at the Consulate of Honduras. 7.2 HONDURAN SOCIAL SECURITY INSTITUTE (IHSS) AFFILIATION PROCESS All legally constituted natural persons or legal entities who have their operation permit must register with the IHSS. Under article 25 of the Regulations of Law for the Honduran Social Security Institute (IHSS, for its acronym in Spanish), all workers who enter employment relations with an employer must be registered as members of the Social Security Institute from the first working day. The worker will provide the employer all the data and information necessary for correct registration.

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