1. STARTING AN ENTERPRISE
HONDURAS INVESTOR´S GUIDE 2020-2021
1.4.1 ISSUANCE OF THE ARTICLES OF INCORPORATION OF THE COMPANY REQUERIMENTS: a. Be legally registered with the corresponding Chamber of Commerce b. Fill in the entry form. c. Payment of 3 month membership fees in advance, according to the maximum capital authorized in the Articles of Incorporation. 1.5 REGISTRATION IN “MI EMPRESA EN LÍNEA” “Mi Empresa en Línea” is an online platform created by decree 284-2013, under the Job Creation, Business Initiative Development, Business Formalization and Investor Rights Protection Law, to promote company formalization, whether individual Merchant or commercial legal entity. REQUISITOS: a. Go to the website www.miempresaenlinea.org and create a login Id; fill in required information to complete the declaration as a Merchant, or per corporate contract. Identity card number, full name of shareholders, Personal Tax Registry (RTN, for its acronym in Spanish) of shareholders or legal representatives, copy of public service receipt (preferably of electric utility bill). b. Tracking procedure´s progress at: www.miempresaenlinea.org/CONSULTAR using the reference number received via e-mail. Cost: according to the Chamber of Commerce Registry (see table above). Average Time: 15 business days, 3 days for each institution involved in the process *For foreign corporations, a national legal representative is required
EXAMPLE OF PROCESS FLOW (ONLINE PLATFORM) This process is shown so that the entrepreneur understands what happens with his procedure once he enters the platform, and the institutions that intervene. It is completely transparent to the user.
Personal ID number legal representative RTN email public service receipt Go to www.miempresaenlinea.org and enter the information:
MERCANTILE REGISTER Service Administration Income (SAR) SENPRENDE
• Corporate contract obtained • 3 business days (approx.) • Enterprise´s RTN obtained • Obtain certificate • Certification generated • 3 business days (approx.)
SAR Online
• User creation
FINANCE SECRETARY (SEFIN)
• Exoneration request • Tax exemption benefit
COMPLETE PROCEDURE
• 115 business days (approx.)
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