7. LEGAL ASPECTS AND INCENTIVES
INVESTOR'S GUIDE HONDURAS 2020 - 2021
contribute to improving their quality of life and socio-economic status. Any company with ten (10) or more employees at national level must contribute to the RAP on a mandatory basis. RAP allows voluntary affiliation of any company with a minimum of 5 employees. BENEFITS a. Double savings, interests and surplus payments b. Loan Program c. Access to a retirement account d. Handling and payment of severance pay e. Withdrawal of Contributions f. Access to housing finance at lower interest rates and better terms than those of the private financial market. This benefit includes purchase and construction of housing, purchase of land, home improvements and repairs, and mortgage release. g. Loans on contributions. h. Credit card debt consolidation loans.
COURSES (new courses are routinely posted): • Customer Service • Financial Administration • Office IT
• Professional Ethics • Computer Science • Business Coaching • Biosecurity of the Company
• Positive Mental Attitude • Statistical Quality Control • Teamwork • Entrepreneurship in times of crisis • Occupational Mental Health • Strategic Planning • Leadership with Emotional Intelligence • Emotional Intelligence • Personal Finance • Business Motivation 7.4 PRIVATE CONTRIBUTIONS REGIME (RAP)
It is the largest private financial institution of social interest in Honduras, which manages resources of a private nature, with legal personality, of indefinite duration and its own assets, which provides support, benefits, and financial services to its members. The social purpose of the RAP is to collect and manage workers and employers’ financial contributions from private companies and independent workers, to provide beneficiaries with financial products and services that
Who performs the procedure? The businessperson Where is it done? The Private Contributions Regime Average Time: Three to four business days Cost: No cost
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