Tax return in Honduras: Everything you need to know

In Honduras, tax filing is a mandatory process for all individuals and legal entities that generate income. In this article, we will explain everything you need to know to comply with this tax obligation.

Who is required to declare taxes in Honduras?

All individuals and legal entities that generate income in Honduras are required to declare taxes. This includes independent workers, businessmen, professionals, landlords, among others.

What taxes must be declared in Honduras?

The main taxes to be declared in Honduras are:

• Income Tax (ISR)
• Sales Tax (ISV)

When should tax returns be filed in Honduras?

The fiscal period in Honduras is from January 1 to December 31. The deadline to file the ISR tax declaration is April 30 of the year following the fiscal period, the ISV tax declaration is the 10th of the month following the completion of the sale.

How is the tax return filed in Honduras?

The tax declaration is filed online through the online portal of the Honduras Revenue Administration Service (SAR), or in preprinted format at the country’s bank windows.

What documents are needed to file the tax return in Honduras?

The documents needed to prepare and file the tax return in Honduras are:

• Statement of income
• Balance sheet
• Ledger
• Proof of expenses and invoices

What are the consequences of not filing the tax return in Honduras?

Failing to file the tax return in Honduras can have serious consequences. Sanctions include fines, interest and even legal proceedings.

How can we help you?

In our company, we offer advisory services and preparation of tax returns in Honduras. We make sure that our clients comply with their tax obligations in a timely and efficient manner, avoiding sanctions and legal problems.

In addition, we offer accounting and financial consulting services for companies and individuals in Honduras. Our team of highly trained professionals handles all financial aspects of your business, so you can focus on what you do best.

Conclusion

Tax declaration is a mandatory process in Honduras for all individuals and legal entities that generate income. At our company, we offer tax return preparation and advisory services to ensure that our clients comply with their tax obligations in a timely and efficient manner.

If you need help with your tax return or have questions about our services, don’t hesitate to contact us.

Escarleth Bustillo
Tax and Legal Director
ECOVIS Honduras
escarleth.bustillo@ecovis.hn

Orfilia Moncada
Tax and Legal Director
ECOVIS Honduras
orfilia.moncada@ecovis.hn