Business in Honduras Tegucigalpa. Honduran economy. Foreign trade

 Educational level: Continuing education / Executive education programs.

Course summary Doing business in Honduras

Honduras is in the heart of the Americas. Only two hours by air and 48 to 72 hours by sea to the U.S. Honduras is near the manufacturing centers of North America and the largest market in the world. Honduras serves as a distribution platform of Central America, among the lowest logistical costs in the region.

Honduras is governed by a democratic system with solid institutions, a transparent legal system, and political and social stability since 1980. Laws that protect and promote foreign investment provide export-oriented companies fiscal and legal incentives highly favorable to investment. Permanent tax exemption in several categories. Any part of Honduras can be an Industrial Processing Zone/Free Zone where companies are exempt of all taxes.

Example of the course Doing business in Honduras (English):

Honduras’ products and services have direct access to the world’s principal markets thanks to trade agreements, such as CAFTA-DR, which eliminate trade barriers in most product categories between Honduras and the United States, Canada,FTA Mexico - Northern Triangle (El Salvador, Guatemala and Honduras), the Dominican Republic, Mexico, Japan and Australia. Currently an Association agreement is been negotiated with the European Union (EU - Central America Association Agreement). CAFTA-DR United States - Central America- Dominican Rep FTA

European Union and Central America Trade Relations:

During just the past few years more than 300 companies have established operations in Honduras. Established sectors where Honduras has demonstrated its capabilities and competence include maquila manufacturing and light assembly in sectors such as Textile and Apparel, Agro-industry, Automotive Components, Electronics and Furniture production.

Honduras is now actively promoting the participation of foreign direct investment in creating high added-value production in sectors such as Light manufacturing, agribusiness, Tourism and services.

Emerging sectors in Honduras:
- In traditional sectors, such as agriculture, textiles and tourism
- In value-added industries, including agribusiness, sustainable tourism, light manufacturing and business services
- A flexible manufacturing sector, capable of exporting in varying scales, supported by a favorable tax and customs code
- A growing services sector
- A tourism sector that attracts international travelers
- A forestry industry that supplies a wide variety of non-traditional wood species
32 million hectares (80 million survey acres) at highly competitive prices, with diverse climates and a large potential for low irrigation agriculture

International Economic Relations. Honduras is member of: Association of Caribbean States (ACS), Central American integration system (SICA), Latin American and Caribbean economic System (SELA), Bolivarian Alternative for the Americas (ALBA), Mesoamerica project, Economic Commission for Latin America (ECLAC), Inter-American Development Bank (IDB), Organization of American States (OEA), World Bank, International Monetary Fund, World Trade Organization (WTO), United Nations ...

Taiwan - Honduras - El Salvador Free Trade Agreement (FTA)

Taiwan Honduras El Salvador Free Trade Agreement (FTA)

Business, Honduras, Economy, Honduran, Trade, foreign, Opportunities, trade, manufacture, textiles, agribusiness, services, exports, imports, FDI