Honduras

Social security taxes

Social security tax contributions are assessed as follows:

• Sickness and maternity: 2.5% for employees on income up to a maximum ceiling of HNL 10,342.19
• Invalidity, old age, and death: 1% from employees on income up to a maximum ceiling of HNL 10,796.49

Professional Formation Institute (Instituto Nacional de Formación Profesional or INFOP) contributions

INFOP contributions are assessed at a rate of 1% for employers. Employees do not have to make this contribution.

Social housing fund contributions

Social housing fund contributions are assessed at a rate of 1.5% for employees on gross employee income in cases where they have been benefited from the fund. These contributions do not have a maximum ceiling. Note that this contribution is now optional.

Consumption taxes

Sales tax

Sales tax is charged on all sale and purchase transactions of goods and services made in Honduran territory.

The general sales tax rate is 15% (18% for some specific premium services).

See the Other taxes section in the Corporate tax summary for more information.