Honduras Tax Overview

Honduras tax system at a glance

Honduras taxes income on a territorial basis: residents and non-residents are taxed only on Honduran-source income. The tax authority is the Servicio de Administracion de Rentas (SAR), the currency is the Honduran lempira (HNL/L), and the tax year is the calendar year.

• Tax year — Calendar year (1 January to 31 December) (Ley del Impuesto sobre la Renta (Income Tax Law))
• Currency — Honduran lempira (HNL / L) (Banco Central de Honduras)
• Tax authority — Servicio de Administracion de Rentas (SAR) (Servicio de Administracion de Rentas (SAR))
• Basis of taxation — Territorial - residents and non-residents are taxed only on Honduran-source income (Ley del Impuesto sobre la Renta (Income Tax Law))
• Top personal income tax rate — 25% percent (Ley del Impuesto sobre la Renta (Income Tax Law))
• Standard corporate income tax rate — 25% percent (Ley del Impuesto sobre la Renta (Income Tax Law))
• Solidarity contribution (aportacion solidaria) — 5% surcharge on corporate taxable income exceeding HNL 1,000,000 (effective top corporate rate of 30%) (Ley del Impuesto sobre la Renta (Income Tax Law))
• VAT/GST — Yes - a sales tax (Impuesto sobre Ventas, ISV) applies at a standard rate of 15% percent (Ley del Impuesto sobre Ventas (Sales Tax Law))
• Annual income tax return deadline — 30 April following the close of the tax year ((approx - confirm)) (Ley del Impuesto sobre la Renta (Income Tax Law))
• Double tax treaties — Honduras has not signed comprehensive bilateral double tax treaties (DTTs); it maintains tax information exchange agreements with the US and certain Central American states (PwC Worldwide Tax Summaries - Honduras)