Understanding the tax obligations and complying with the tax laws in Honduras is essential for businesses operating in the country. Corporate income tax, VAT, municipal business tax, excise tax, payroll taxes, withholding tax, and real estate transfer tax are among the key taxes that businesses need to consider. Consulting with a tax professional or referring to the official website of the Honduran tax authority, Servicio de Administración de Rentas de Honduras (SAR), is recommended to stay updated on the latest tax regulations and requirements. By fulfilling their tax obligations, businesses can operate successfully and contribute to the economic growth of Honduras.
Honduras imposes corporate income tax on the profits earned by companies operating within its jurisdiction. The corporate income tax rate in Honduras is progressive and based on the level of taxable income. As of the knowledge cutoff date in September 2021, the tax rates are as follows:
It's important to note that Honduras operates on a worldwide taxation system, meaning that both income generated within the country and income earned abroad by Honduran residents are subject to taxation.
For detailed and up-to-date information on business taxes in Honduras, it is recommended to visit the official website of the Honduran tax authority, Servicio de Administración de Rentas de Honduras (SAR).
Servicio de Administración de Rentas de Honduras (SAR) Website: Official SAR Website