3. INVESTORS GUIDE HN - 2021 National Investment Council

3. NATIONAL INVESTMENT COUNCIL

INVESTOR'S GUIDE HONDURAS 2020 - 2021

3.3.2 FISCAL STABILITY CONTRACTS The contract is a commitment signed between the State and one or more private investors, by which both state and municipal taxes remain fixed. These rules will govern a particular investment, for a certain period and they constitute Law between the parties. The fee to apply to this process is 0.25% of the annual sales or services during the term of the agreement. BENEFITS: a. No tax increase in the National and/or Municipal Tax System. b. The non-imposition of new taxes in the same mechanisms. c. Duration of benefit up to fifteen (15) years. REQUIREMENTS: Request addressed to the National Investment Council containing the following information: 1. Investor and Legal Proxy’s data, brief description of the investment made or to be made, investment sector, duration of the project, investment amount, location of the project, job creation projection, sales projection, corporate social responsibility program, community development program. 2. Power of Attorney duly authenticated. 3. National Tax Registry (RTN, for its acronym in Spanish) of the investor, (Merchant or Mercantile Society). 4. Copy of Identity or Passport. 5. Deed of Mercantile Company or Merchant. 6. Technical, economic, and financial feasibility studies. 7. Proof of origin of funds to be invested (Bank Certification). 8. Schedules of activities and investments to be carried out. 9. Study on economic and social impact. 10. Printed Financial economic model in which the amounts to be paid are estimated. 11. Letter of Commitment as AFFIDAVIT, ensuring the veracity of the information.

REQUIREMENTS FOR INVESTORS REGISTRATION A Request addressed to the National Investment Council, containing investor and legal proxy’s data, brief description of the investment planned or established, and amount to be invested. a. Power of Attorney duly authenticated. b. National Tax Registry (RTN, for its acronym in Spanish) of the investor, (Merchant or Mercantile Society). c. Balance Sheet (Financial) of the last year. d. Current Business Operation Permit issued by the Municipality where the business is located. e. Duly authenticated affidavit certifying that the documents and the amount of investment are reliable. f. Copy of Corporate Articles of Incorporation or Declaration as Merchant. g. Copy of current Legal Proxy Bar Association number. h. Lps. 200 deposit to Account #11102-02-00002-7 of the Central Bank of Honduras in the name of the National Investment Council, upon admission of the Certificate. In case of making a wire transfer, include the additional amount corresponding to the bank commission. Notas: • All documents in copy must be duly authenticated. The signature of the Power of Attorney and the Affidavit must be made on a separate certificate of authenticity. • In addition to physical presentation of the application, it is required to register the investment at:

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