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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