1. STARTING AN ENTERPRISE
HONDURAS INVESTOR´S GUIDE 2020-2021
INDIVIDUAL TRADER a. Articles of Incorporation authorized by a notary public, original and copy. b. A copy of the identity card of the individual performing the procedure c. Payment of registration fee, considering the amount of the capital. FOREIGN CORPORATION a. Registration Certificate of the Corporation in its country of origin b. Annual General Meeting agreement appointing a permanent representative, resident in Honduras. c. Payment of L.200.00 if an initial capital is not established. If the capital is established, the payment will be done according to the registration fee for local company. * Annual General Meeting agreement appointing a permanent representative, resident in Honduras. All the documents must be submitted legalized (Authentication or Apostille Certification), must be of recent date, duly legalized and when appropriate, translated into Spanish. 1.3 REGISTRATION IN THE CHAMBER OF COMMERCE Article 384 of the Code of Commerce establishes the following: "The Registration of all traders in the corresponding Chamber of Commerce and Industries is mandatory ..." Who performs the procedure? The businessperson Where is it done? The Chamber of Commerce and Industry of the Municipality or city where the company will operate. Average Time: One business day Cost: It varies according to the subscribed capital and the Chamber of Commerce and Industry closest to the locality.
1.3.1 COMMERCIAL LEGAL ENTITYANDMERCHANT REQUIREMENTS: a. Corporate Contract duly registered in the Mercantile Register (original and copy) b. Fill in the registration form for either a social or merchant c. Payment according to the amount of capital established in the corporate contract. d. A copy of the identity card of the individual performing the procedure. 1.4 AMEMBERSHIP IN THE CHAMBER OF COMMERCE (OPTIONAL) https://fedecamarahn.org/camaras/ Who performs the procedure? The Businessperson; law firm of choice Where is it done? The Chamber of Commerce and Industry of the Municipality or city where company will operate Average Time: One Business Day Cost: A membership fee is paid monthly. It varies according to the subscribed capital and the Chamber of Commerce and Industry closest to the company’s location
COSTS (in lempiras) AUTHORIZED CAPITAL
FROM 1.00 50,000.01 100,000.01 300,000.01 600,000.01 1,000,000.01 2,000,000.01 4,000,000.01 6,000,000.01
TO 50,000.00 100,000.00 300,000.00 600,000.00 1,000,000.00 2,000,000.00 4,000,000.00 6,000,000.00 ONWARDS
PAYMENT 200.00 300.00 350.00 425.00 550.00 750.00
RATES TABLE (in Lempiras)
FROM
TO
PAYMENTTOBEMADE INYEARS ENDING IN ZERO (0) AND FIVE (5)
590.00 850.00
1.00 200,001.00 400,001.00 700,001.00
200,000.00 400,000.00 700,000.00 ONWARDS
1,300.00 1,600.00 1,900.00
1,850.00 3,000.00
**Payments in “Banco Atlántida” and “BAC” *Chambers of Commerce are independent, costs vary according to the locality
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