Attitude Consulting Survey LATAM | Page 25

LATAM : Foreign Investors Survey 2017 ttitude Consulting

HONDURAS

Greater Attractions
Honduras government program 20 / 20 ( with private companies and McKinsey ) to attract foreign capital : up to $ 13 mm of investments in tourism , textiles , intermediate manufacturing and business support services . It will create 600,000 jobs by 2020 .
Political Risks ?
Not now . Government ( right ) since 2014 for 4 years . But the re-elections are now possible and have not yet been approved many times .
Adequate Labor Laws ?
It tends to primarily protect workers , but new laws were passed in favor of local and foreign investors .
Adequate Transparency and Corruption Framework ?
2006 : Law of Transparency and Access to Public Information . There are also anti-corruption laws and the National Anticorruption Council . Various international conventions and signed anti-corruption treaties .
Suitable Fiscal Framework for Foreign Investment ?
Important government efforts in recent years , seeking to create an attractive legal framework for foreign investment . Comprehensive legal framework : rules of fiscal order and the promotion and protection of investments .
Proper Framework for Promotion and Mutual Investment Protection ?
Yes .
Advantages of Your country over Others in the Zone
Large tax incentives : laws for the Promotion and Protection of Investments ; Areas of Employment and Economic Development ; Tourism Incentives ; Free Zones ; Promotion of Call Service Centers and outsourcing business services ; Promotion of Renewable Energy .
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