7. INVESTORS GUIDE HN - LEGAL ASPECTS AND INCENTIVES

7. LEGAL ASPECTS AND INCENTIVES

INVESTOR'S GUIDE HONDURAS 2020 - 2021

PERCENTAGEOF IHSSCONTRIBUTIONS,YEAR2020 ENTERPRISESWITH11ORMORE EMPLOYEES CONCEPT EMPLOYER

EMPLOYEE

APPLICATION CEILING

2.5%

Health Care Insurance Regime

5.0%

Maximum contribution ceiling equivalent to L 9,380.67 Maximum contribution ceiling equivalent to L 9,792.74 On the surplus of L 9,792.74, without contribution salary ceiling Up to a maximum ceiling of three (3) minimum wages (L. 9,792.74 x 3) = L 29,378.22

2.5

Collective capitalization Regime (disability, old age and death) Complementary Individual Capitalization Account of the Social Prevision Regime Employer contribution to Employment Insurance

3.5%

1.5%

3.30%

COMPANIESWITH10OR LESS EMPLOYEES CONCEPT EMPLOYER

EMPLOYEE

CEILING OF APPLICATION

2.5%

Health Care Insurance Regime

5.0%

Maximum contribution ceiling equivalent to L 9,380.67 Maximum contribution ceiling equivalent to L 9,779.86 On surplus of L 9,779.86 without contribution salary ceiling Up to a maximum ceiling of three (3) minimum wages (L 9,779.86 x 3) = L 29,339.58

0.15%

Collective

capitalization

Regime

0.15%

(disability, old age and death) Complementary Individual Capitalization Account of the Social Prevision Regime

0.45%

Employer contribution to Employment Insurance

1.98%