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.
Employer of Record in Honduras.
G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in Honduras. Your candidate is hired via G-P’ Honduras PEO in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.
9Holidays per year
44hours per weekWorking hours per day or month
Payroll in Honduras.
One of the first factors to focus on during an expansion is payroll. You have to learn a new country’s 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, you can place your payroll on G-P’ shoulders.
Hiring in 
Honduras.
Recruiting and hiring new employees who are talented and dedicated to your company’s success is important for the health of your company. Once you decide to expand, you need to find the right candidates and also learn Honduras’ employment compliance laws. G-P has extensive knowledge of how to hire Honduras employees, and we also take on all compliance as the Employer of Record, so you can focus on growing your company if you work with us.
Compensation & Benefits in Honduras.
Compensation & Benefits in Honduras.
Honduras is a beautiful country for an expansion, as it’s filled with plenty of talent that’s ready to come and work for your company. However, those talented candidates care about two very important factors — compensation and benefits. You need to either meet or exceed Honduras’ compensation laws, and you also have to come up with a Honduras benefit management plan that provides both guaranteed and additional benefits to all employees.
HNL7,802.10 per monthMinimum wage per month
10-20daysAnnual vacation leave (min)
Honduras Subsidiary.
Many companies believe the key to an expansion is setting up a subsidiary. According to this traditional model, you would need to incorporate in Honduras before you could hire employees, add them to payroll, and give out compensation and benefits. Just incorporating could take weeks or months, and that’s prior to starting your work in the country.
Honduras Visas & Permits.
Along with the benefits of a global expansion, companies like yours also face HR issues. From hiring Honduras citizens to employing expats, you need to understand how to add employees to your payroll, pay the applicable taxes, and ensure foreigners have the right work permits and visas to live and work in Honduras.