Honduras
Make employment in Honduras easy. Let us handle payroll, benefits, taxes, compliance, and even stock options for your team in Honduras, all in one easy-to-use platform.
- Capital City
Tegucigalpa
- Currency
Honduran lempira (L, HNL)
- Languages
Spanish
- Population size
9,570,000
Facts & Stats
- Capital City
Tegucigalpa
- Currency
Honduran lempira (L, HNL)
- Languages
Spanish
- Population size
9,570,000
- Ease of doing business
Medium
- Cost of living index
42.20 (2021)
- Payroll frequency
Monthly
- VAT - standard rate
15%
- GDP - real growth rate
-9.0% (2020)
The Republic of Honduras (República de Honduras) is Central America’s second-largest nation and is bordered by Guatemala, El Salvador, and Nicaragua. While the island nation is famous for its breathtaking landscape that’s dotted with mountains, rainforests, and well-preserved Mayan ruins, there’s even more to Honduras than meets the eyes.
Honduras is rich in natural resources and is famous for its tropical fruit, sugar cane, and coffee that’s exported across the Americas.
Grow your team in Honduras with Remote
Looking to employ workers in Honduras? Companies hiring in Honduras must either own a legal entity in the country or work with a global employment solutions provider, usually one that provides employer of record services.
Remote can employ your team in Honduras on your behalf through our local legal entity in the country and handle payroll, benefits, taxes, and compliance for your Honduras team. You can also pay contractors now in Honduras with Remote in some currencies (talk to an expert now for full details).
Risks of misclassification
Honduras, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Honduras may lead to fines and penalties for the offending company.
Employing in Honduras
We can help you get a new employee started in Honduras fast. The minimum onboarding time we need is only 7 working days.
Provisions for employee protections and workers’ rights are spelled out in the Honduran Constitution as well as across several government statutes, including:
The Honduran Labour Code
The National Program of Employment Per Hour, and
Bylaws and Depositions of Social Security & Minimum Wage
Employees in Honduras enjoy protections against discrimination based on age, religion, gender expression, and race.
Onboarding Time
We can help you get a new employee started in Honduras fast. The minimum onboarding time we need is only 4 working days.
Our team ensures your employees are onboarded and paid as quickly as possible while keeping your business compliant with all local employment legislation. The minimum onboarding time begins after the employee submits all required information onto the Remote platform. The onboarding timeline is also dependent upon registration with local authorities.
For all non-nationals of the country of employment, the Right to Work assessment (if applicable) will add three extra days to the total time to onboard. There may be extra time required if we need to follow-up on the right to work assessment.
Please note, payroll cut-off dates can impact the actual first day of employment. Remote has a payroll cut-off date of the 10th of the month unless otherwise specified.
11 Public holidays
Want to see and manage all holidays? Sign up for our free HRIS!
Effortless HR in Honduras: Take the Tour
Competitive benefits package in Honduras
At Remote, we’re obsessed with helping you craft the best possible employee experience for your team. We are leading the way in practising “fair equity,” which means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive (and that will allow you to attract the best local talent).
Our benefits packages in Honduras are tailored to fulfil the local needs of your employees. Typically, our packages contain some or all of the following benefits:
Health Insurance
Dental Insurance
Vision Insurance
Mental Health Support
Pension or 401(K)
Life and Disability Insurance
Fair Pricing in Honduras
Employer of Record
Hire and pay your global team
Starting at £479/month
for annual plans
Top features
Satisfaction guaranteed
No deposits or hidden fees
Zero onboarding or offboarding fees
Compliant equity incentives support including withholding and reporting
Built-in security and compliance
Fast onboarding (average 2-3 days)
Flexible, localised benefits
Contractor Management
Compliantly onboard and pay contractors
£23
per contractor/month
Top features
Only pay for contractors you actively work with
Work with contractors in 200+ countries
Create, edit, and sign tailored, localised contracts
Approve contractor invoices with one click or auto-pay
Transparent payments with complete visibility
Payroll
Consolidate your multi-country payroll
£24
per employee/month
Top features
Simplify: Comprehensive platform that integrates all payroll functions
Support: Personalised assistance with a dedicated team and specialists
Accuracy: Test runs and parallel pay runs before implementation
Compliance: Adhere to local labour laws in every country
Timeliness: Accurate and on-time payroll with labour authority reporting handled
Experience: Seamless payroll with easy access to payslips and expenses
Top features
Guided onboarding and offboarding
Employee profile and document management
Time and attendance (time off and tracking)
Expense management and reimbursement
Employee self-serve on the platform and mobile app