Honduras legal and accounting and tax considerations in 2024

Legal obligations for Honduras companies

  1. Corporate tax in Honduras is imposed at a standard rate of 25. All legal entities must register for tax with the Honduran Tax Authority (DEI) and file annual tax returns within the first 4 months following the end of the fiscal year;
  2. Capital gains tax in Honduras is applicable at a standard rate of 10% on ordinary income;
  3. In addition to corporate tax, companies are subject to a 5% surtax on their annual taxable income above US$46,000;
  4. The VAT or sales tax in Honduras is levied at a standard rate of 15%. Some selected goods and services are subject to higher sales tax of 18%, these include alcoholic beverages, first class tickets among others;
  5. A 10% withholding tax is applicable on i) dividends and ii) interests paid to non-resident legal entities;
  6. A 25% withholding tax is applicable on i) technical services fees and ii) royalties paid to non-resident companies;
  7. A 1.5% alternative minimum tax is applicable to resident companies on annual gross income equal to or above US$460,000;
  8. Employers in Honduras are required by law to submit a monthly social security contribution of 7% of their employee’s gross salary;
  9. Healy Consultants will assist the Client with i) documenting and implementing accounting procedures ii) implementing financial accounting software iii) preparing financial accounting records and iv) preparing forecasts, budgets and performing sensitivity analysis;
  10. It is important our Clients’ are aware of their personal and corporate tax obligations in their country of residence and domicile; and they will fulfill those obligations annually. Let us know if you need Healy Consultants’ help to clarify your annual reporting obligations.

Contact us

For additional information on our accounting and tax services in Honduras, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi
Central Bank of Honduras Honduras presidential house honduras-mof Chamber of Commerce and Industry of Tegucigalpa