5. Investors Guide - 2021 IMPORTS-EXPORTS

5. EXPORTS | IMPORTS

HONDURAS INVESTOR´S GUIDE 2020-2021

REQUIREMENTS: a. Application signed and sealed by a legal professional (containing the precise description of what is requested) b. Address, e-mail, telephone and fax number of the manager or permanent representative and legal proxy of the company, or failing that, the Merchant’s contact information. c. Power of attorney for litigation duly authenticated. d. A copy of the National Tax Registry duly authenticated. e. Document certifying the operation permit or registration, issued by the National Telecommunications Commission (CONATEL, for its acronym in Spanish), in accordance with the Law. f. Certified copy of the Merchant or Fixed Capital Company´s Articles of Incorporation, duly registered in the Social or Merchant´s Register, with a subscribed and paid capital not less than one million lempiras (L 1,000,000.00) g. Have as an exclusive purpose, the operation of Call Attention Centers and Business Services Outsourcing (BPO´s) or any other similar activity. h. Three years projection of investment amount and number of jobs generated with their respective wages. i. Title of ownership of the property where the project will be developed, or the lease contract on said property for a period not less than five (5) years. j. Accreditation by the Ministry of Economic Development, a permanent representative of the company, with broad powers to carry out all legal acts of a civil, mercantile and labor nature to be held and to have effects in the national territory, by means of power granted in Public Deed. k. Current solvency certification issued by the Tax Administration Service (SAR). l. Current TGR-1 receipts with a maximum validity of 48 hours from payment. m. Any other information which in the opinion of the Directorate-General for Productive Sectors is necessary to resolve the request.

TEMPORARY ADMISSION REGIME Establish a mechanism of temporary import to promote exports, consisting of suspension of payment of customs duties and any other taxes and surcharges, including the general sales tax due on imports. BENEFITS: a. Suspension of payment of customs duties, general sales tax and other import taxes on: • Raw materials, semi-finished products, packaging, packing and other inputs for the production of goods or services exported to countries other than those in Central America, or when assembled, transformed, modified or physically incorporated to exported products or services. • Machinery, equipment, molds, tools, spare parts and accessories exclusively for assembling, transforming, modifying or producing goods or services intended for export. • Samples, instructions, patterns, mannequins and models necessary to adjust the production of goods and services to the standards and designs required in the international market and for demonstration, research or instruction purposes REQUIREMENTS: a. Submit the request to the Ministry of Economic Development,

through a legal proxy b. Power of Attorney c. Name of the Company d. Business Name e. National Tax Registry

f. Address and location of industrial plant g. Company ´s Articles of Incorporation h. Specific indication of benefits claimed i. Socioeconomic study j. Payment receipt TGR-1 with a value of L 200.00 *The copy of the required documents must be duly authenticated, and the documentation must be presented on a CD.

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