Fiscal Services

The constant change in our legislation has forced Honduran companies to keep up to date in tax and municipal matters. In addition, they have been forced to implement controls to verify the correct compliance with tax and municipal obligations.

For those companies that operate under special regimes, it is necessary to perform an analysis on the correct application of the tax benefits granted by the legislation, all of the above generates the need for companies to have a tax advisor specialized in tax and municipal matters to accompany them in the operations they perform, and it is where ABACO can provide such support through the provision of the following services:

  • Tax advice and planning
  • Tax and municipal compliance services.
  • Fiscal diagnosis
  • Applying for and obtaining tax credits
  • Design of structures and restructuring of operations.
  • Advice on income tax and other direct taxes.

The constant changes in tax matters, and audit operations, make it necessary to be prepared to be able to consult the tax administration, and often make use of defense elements established by the Tax Code, for this reason we offer our clients, the provision of the following services:

  • Legal-tax consultancy where opinions are issued with respect to the tax and legal implications generated by the transactions entered into or to be entered into.
  • Consultation with the entities in charge of the country’s Tax Policy.
  • Assistance during the audit process.
  • Legal advice on tax litigation (analysis and preparation of the means of defense, processing and follow-up of administrative appeals before the tax authorities, ranging from the reply to the provisional proposal of adjustments, to the appeals for reconsideration and appeal).
  • Legal audit of assets.
  • Legal advice and procedures to apply for the different Tax Exemption Regimes.
  • Legal advice in the processing of the different Tax Exonerations to the companies under the Special Tax Exemption Regimes such as: Income Tax Exoneration, Total Net Assets and Solidarity Contribution, Sales Tax Exoneration, ACPV Exoneration, among others.
  • Request for credit notes arising from undue tax payments
  • Various procedures before different governmental entities (SAR, Secretary of Economic Development, Secretary of Finance and Municipalities, among others).

The accelerated growth in business worldwide creates the need to obtain tax knowledge regarding applicable rates, double taxation agreements and other legislation applicable to companies with international operations, for which ÁBACO offers the following services:

  • Analysis, preparation, structuring and review of commercial transactions
  • Support in obtaining confirmations of criteria for international operations.
  • Tax approach and structuring of equity investment vehicles
  • Business migration consulting
  • Opinions on incorporation of permanent establishments (PE)
  • Indirect tax planning (sales tax).

The accelerated growth in business worldwide has generated an increase in the need for companies to invest in new markets, maximize the value of its shareholders or simplify the process or corporate structures, so that in recent years there have been significant movements of mergers and acquisitions, which has led the Tax Administration to put a greater interest on the verification of such operations, so that mergers and acquisitions should be analyzed by professionals with recognized experience in the field.

ABACO has a team with a vast knowledge in mergers and acquisitions processes, among the services we offer we can mention:

  • Due diligencedepurchase and sale of companies.
  • Tax and legal advice on Mergers & Acquisitions
  • Structuring acquisitions or sale of businesses
  • Wealth advisory services
  • Preparation and review of financial-fiscal models
  • Preparation and review of contracts for the purchase and sale of companies, from a tax point of view.
  • Calculation of capital gains on sale of shares

Globalization, accelerated economic growth, and the various changes in international trade create the need for more rigorous control by customs authorities.

It is therefore essential for companies to have the support of specialists in the field, who can advise them on possible risks and provide opportunities.

ABACO supports its clients by providing the following services:

  • Design and advice on special import and export regimes.
  • Customs consulting
  • Due diligence in customs operations
  • Assistance in dealing with audits by customs authorities and defense appeals
  • Management of procedures before the customs authorities.
  • Tariff classification support