Healy Consultants: Honduras projects a 5% growth in the economy

By: Healy Consultants
 
TELA, Honduras - May 3, 2016 - PRLog -- The Honduran economy is projected to grow this year at a rate of not less than 5%, compared to the 3.6% growth rate posted in 2015.

The increase in the Gross Domestic Product in 2016 is a result of the government-workers-business sector's joint effort to attract investment and create new jobs, said Luis Larah, president of the Honduran Private Company Council. Larah also noted that Honduras will pave the way towards more progress, that means looking for sustainability and control of current expenditure of central government, through the law of Fiscal Responsibility including the new tax code, aimed at stimulating domestic investment.

The achievement of a healthy economy is associated with the increased investment in the business sector and the simplification of procedures to open businesses. These ultimately mean that millions of dollars will be invested in the development of infrastructure such as roads, housing and marinas, for the sake of boosting the economy and responding to social needs within this Central American territory in 2016.

With the aim to reduce poverty in Honduras, that affects up to 64% of the population in the country, the Government announced in March that in 2016 the country will generate 600 thousand jobs, through the promotion of sectors such as tourism, construction, agriculture and manufacturing industry. Entrepreneurs who would like to invest in these sectors are encouraged to set up business in Honduras and enjoy the government incentives offered such as tax holidays.

About Healy Consultants

For over a decade, the incorporation experts at Healy Consultants Pte Ltd., with their branch in Honduras, have been assisting investors worldwide to set up the optimum corporate structure for doing business in the country. The services offered include company registration, banking solutions, accounting and tax and legal services and corporate support services.

Contact us

To inquire more about Honduras company setup options and schedule a conference call, email us at email@healyconsultants or call us on +65 6735 0120.
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Source:Healy Consultants
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Tags:Business Investment, Honduras company
Industry:Business
Location:Tela - Atlantida - Honduras
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