INDUSTRIAL FREE TRADE ZONES/ EXPORT FREE ZONES (EPZ)
Private ownership and operation assures you of quick and effective responses to your needs. Honduran registration of your plant is not necessary. Imported materials and exported product move rapidly in and out of the EPZ's, facilitated by simplified custom's clearance, in your own plant, if you wish. You pay no taxes of any kind, import, export, income, or any other, for as long as you remain in Honduras' EPZ's. There are no controls or restrictions over the use of foreign exchange or the repatriation of capital or profits. Production costs in Honduras' EPZ's are among the lowest in the Western Hemisphere.
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Villanueva Industrial Park is designated by the Honduran government as an Export Processing Zone (EPZ) and enjoys the following benefits:
- 100% EXEMPTION from the import duties for raw materials, equipment, office supplies, etc.
- 100% EXEMPTION from export taxes on all finished products.
- 100% EXEMPTION from income and excise taxes, city and country taxes, including sales taxes.
- 100% EXEMPTION currency conversion.
- 100% UNRESTRICTED withdrawal of profits and capital at any time.
- Import and export shipments are cleared in less than one day with minimum documentation.
- As a member of the Central American Free Trade Agreement - CAFTA (download PDF (81.14 kb) Document here), manufacturers in Honduras are granted duty-free entry to the U.S.
Honduras' friendly business environment eliminates a bewildering array of laws, regulations and decrees - simplifying your investment process. EPZ is straightforward and comprehensive. Honduran EPZ is highly advantageous for investment, not found in many other free zone countries. |
