Foreign firms are required to act through an agent to participate in local tenders. Dividends paid to foreign firms are subject to a 15 percent tax , while domestic firms only pay 10 percent. A network of Honduran professional associations strictly regulate the licensing of many professions including lawyers, doctors, and engineers. Honduran corporations may only be created through an attorney, who will also provide the investor with the necessary legal and tax information. It is extremely important to locate an appropriate partner in order to establish a solid base of operation.
All contracts are legally binding.
Computers and peripherals, electrical equipment, automotive parts and food processing equipment and packaging. This region's pristine beaches are now merely flown over as a tourist flies to The Bay Islands . This area is also close to the more popular tourist attractions, the Mayan ruins, lake Yojoa, and a couple of natural parks. Income tax is payable on income obtained from services rendered in Honduras, including any civil or commercial activity and proceeds from any kind of real or personal property. Income tax is also payable on all exports produced in Honduras.