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Expand your global workforce in Honduras flagHonduras

Honduras

POPULATION

9,571,352

LANGUAGES

  1. Spanish

COUNTRY CAPITAL

Tegucigalpa

CURRENCY

Lempira (HNL)

EOR Overview Thumbnail

Employer of Record in Honduras.

G-P’s Employer of Record (EOR) model allows your company to start hiring talent in minutes via our global entity infrastructure. Unlike a Professional Employer Organization (PEO), G-P allows your company to expand your global footprint without the hassle of entity setup and management.

9

Holidays per year

44 hours per week

Working hours per day or month

Payroll Overview Thumbnail

Payroll in Honduras.

One of the first aspects to focus on during an expansion is payroll. When expanding to Honduras, you’ll have to learn a new set of employment compliance laws and customs and also figure out which Honduras payroll option is best for your company. Instead of adding another stressful component to your expansion, let G-P streamline payroll in Honduras.

Hiring in Honduras flagHonduras.

Recruiting and hiring skilled employees who are dedicated to your success is important for any growing company. Once you decide to expand to Honduras, you’ll need to find the right candidates and also learn the country’s employment compliance laws.

Compensation & Benefits in Honduras.

Honduras is a beautiful country filled with plenty of skilled talent that’s ready to come and work for your company. However, in order to attract and retain those talented candidates, there are 2 very important factors you should consider — compensation and benefits.

HNL 7,802.10 per month

Minimum wage per month

10-20 days

Annual vacation leave (min)

HNL 7,802.10 per month

Minimum wage per month

10-20 days

Annual vacation leave (min)

Honduras Subsidiary.

Many companies believe the key to an expansion is setting up a subsidiary. By taking the traditional route, you would need to incorporate in Honduras before hiring employees, add them to payroll, and give out compensation and benefits. Incorporating can take weeks or months, and that’s prior to starting your work in the country.

Honduras Subsidiary
Work Visas and Permits GuideAn illustrative card displaying information about work visas and permits, including visa types, requirements, and the application process.Work visas & permits inHonduras

Honduras Visas & Permits.

Along with the benefits of expanding globally, there are also potential HR issues that you may face along the way. Whether you’re hiring local citizens or employing international workers, you need to understand how to add employees to your payroll, pay the applicable taxes, and ensure all workers have the right work permits and visas to live and work in Honduras.

Disclaimer

THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.

Expand in Honduras flagHonduras.

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