Hall Of Fame

Next Generation Partners

Tax in Honduras

Aguilar Castillo Love

Aguilar Castillo Love houses a comprehensive tax practice, with particularly strong offerings in tax disputes and the structuring of corporate transactions and projects. Acting for a diverse roster of prominent local, regional and international companies from across the energy, mining, telecoms, construction, and food and beverages sectors, the team is also well versed in tax planning, exemptions and transfer pricing issues. The practice is overseen by Honduras managing partner Enrique Rodríguez Burchard and Juan José Alcerro Milla, who has extensive experience in tax litigation, as well as in the tax aspects of M&A and international investments. Victor Alejandro Martínez also comes highly recommended for his expertise in audits and disputes with the tax authority.

Responsables de la pratique:

Enrique Rodríguez Burchard; Juan José Alcerro Milla


Principaux clients

Cementos Argos


Grupo Deli


Terra Inversiones


Minosa


Total Eren


Mondelez


Grupo Don Julio


INHESA


Deetken Impact Sustainable Energy


International Corpthor (Seajoy)


Principaux dossiers


  • Represented Cementos Argos in a tax dispute worth $10m concerning the depreciation method used by the cement industry.
  • Advised Grupo Deli on the taxation issues involved in the merger of two of the group’s companies.

BLP

BLP‘s tax team remains the first port of call for leading domestic and international companies seeking advice on all tax issues arising from their operations in Honduras, with notable strength in the energy, oil and gas, and non-profit sectors. The team is particularly active in advising on tax and customs planning and compliance, including obtaining exemptions under Honduras’ special fiscal regimes, but its wide-ranging practice also extends to administrative and judicial tax litigation and the tax aspects of corporate transactions and construction projects. Lilian López, who has a wealth of experience in international trade, tax and customs matters, leads the team with Jorge Brizuela, a high-profile name for tax and customs disputes. Associates Norma Amador and Jorge Moreno are also noted.

Responsables de la pratique:

Lilian Lopez; Jorge Brizuela


Les références

‘BLP Legal stands out for its innovative approach and commitment to excellence. Its innovative billing and control systems have facilitated the relationship with our group of companies. Its lawyers have deep and solid technical knowledge. Compared to other firms, BLP attracts highly qualified professionals who collaborate across departments and provide comprehensive solutions.’

‘BLP stands out for its solid experience and knowledge of diverse areas. They adapt to the business environment and foster collaborative work. In the tax area, I would like to highlight Lilian López for her experience and in-depth knowledge, which allows her to solve complex problems and support efficient tax planning in ways that are simple and understandable, but only possible with experience and a strategic mindset.’

‘A very competent and co-ordinated team. I think that communication is their strong point, allowing them to manage every case well.’

Principaux clients

CRS


Oxfam


Energia Alternativa de Honduras S.A. (Enertiva)


Family Health International (FHI-360)


PUI Premiere Urgence


G.A Energy S.A. de C.V.


Texhong


Ayuda en Acción


Droguería Proconsumo, S.A. de C.V.


Productos de Consumo Popular


Central American Bank for Economic Integration (CABEI)


Dole Food Company


Principaux dossiers


Consortium Legal

Consortium Legal stands out for the breadth of its tax offering, with expertise spanning municipal taxes, transfer pricing, direct and indirect taxation, customs issues, and disputes. The team frequently assists major regional and global clients with the tax structuring of M&A transactions and corporate reorganisations, tax exemptions and compliance with international agreements, and administrative and judicial litigation (with significant skill in transfer pricing disputes). The highly experienced Armando Manzanares, who is frequently called upon to advise on the tax aspects of project finance, concessions and M&A, leads the team, while Patricia Solórzano is particularly noted for her specialism in the oil and gas sectors. At junior level, senior associate Grossnie Velásquez and associates Aida Sierra and Oscar Manzanares provide capable support.

Responsables de la pratique:

​​Armando Manzanares​


Les références

‘In my experience, Consortium prioritises ensuring that the client has the right mechanisms to resolve questions or contingencies.’

‘They are outstanding lawyers in the field and regularly provide sound advice.’

‘The service is excellent.’

Principaux dossiers


Alta Melara & Asociados

The tax team at Alta Melara & Asociados works closely with the firm's busy corporate department to advise prominent local, regional and international clients on their tax affairs in Honduras. Demonstrating strength in the telecoms, banking, energy and security sectors, among others, the team routinely assists with tax compliance and the tax aspects of M&A transactions, including cross-border deals. Office managing partner Óscar Melara leads the team alongside accountant and financial adviser Marlyn Velásquez. They are ably supported by senior associate Alejandra Suárez, who is well versed in the full range of tax and customs issues, and associate María Camila Sarmiento.

Responsables de la pratique:

Oscar Melara; Marlyn Velásquez


Les références

‘Great capacity to respond to our requests.’

Principaux clients

Continental Motores, S.A.


Results Honduras


Zona Libre “El Polvorín”


Pipsa MFG


Edutechloft Honduras, S.A. de C.V.


CHT de México, S.A. de C.V.


Inchcape Honduras


Teleperformance, SE


Corporación Multi Inversiones (CMI)


Wildlife Conservation Society (WCS)


Vista Capital


Aceros de Guatemala


Principaux dossiers


  • Advising Grupo Nauffar in Honduras on the local tax processes, as well as in the tax and customs obligations relating to its products.
  • Advised Pipsa MFG on several tax processes related to the temporary importation regime (tax exemptions).
  • Advised Edutechloft Honduras, S.A. de C.V. on matters obtaining tax benefits under the special economic regime.

Central Law

Benefitting from its membership of the Andersen Global network and strategic location in San Pedro Sula, the tax team at Central Law is well positioned to advise major regional and multinational companies, with an emphasis on the retail, agroindustrial, BPO, textiles and non-profit sectors. The broad practice spans tax planning, income and sales tax exemptions, the tax implications of corporate transactions, customs and transfer pricing issues, and litigation. Office managing partner J. Humberto Medina Alva oversees the team, alongside senior associate Jorge Romero, a key adviser on cross-border transactions, special tax regimes and customs matters, and senior tax manager Iliana Salinas, who joined from an in-house role in January 2024.

Responsables de la pratique:

J Humberto Medina Alva; Iliana Salinas; Jorge Romero


Principaux clients

Bozzetto, S.A.


Concentrix + Webhelp


Delfingen Honduras S. de R.L.


Fundación Veron


Empire Electronics of Honduras


Superior Glove


Food for the Poor


SPI Automotive


International Republican Institute


CRC BPO Solutions


Principaux dossiers


  • Advised the Giovanny Bozzetto Group on its acquisition of Starchem S.A., focusing on comprehensive tax compliance and mitigation of potential liabilities.
  • Advised Fundación Verón, a Spanish non-profit, on the tax obligations of its Honduran counterpart, Asociación Amigos de la Escuela del Vidrio (AAEV), a non-governmental development organisation, as it planned to engage in sales of goods and services for self-sustainability.
  • Successfully obtained an exemption for CRC BPO Solutions from filing the annual transfer pricing information tax return by demonstrating the company’s coverage under a special free trade zone (ZOLI) regime.

GarciaBodan

GarciaBodan provides comprehensive advice on the full spread of tax-related matters, including the optimisation of tax obligations and compliance with local regulations, the tax implications of M&A transactions and corporate reorganisations, and administrative and judicial litigation. The team acts for a diverse client base of regional and multinational companies, with particular strength in the aviation, insurance, retail, telecoms and technology sectors. Honduras managing partner Vanessa Oquelí and Godofredo Siercke lead the team, drawing on experience spanning contentious and transactional tax matters. Senior associates Gabriela Aguirre and Melissa Ayala are also key contacts.

Responsables de la pratique:

Godofredo Siercke; Vanessa Oquelí


Les références

‘In-house counsel should be aware of the team’s ability to handle complex cases and its expertise in diverse areas of law. They should also be aware of its negotiation and conflict resolution skills, as well as its commitment to transparency and consistent communication throughout the process.’

‘Their client-centric approach makes all the difference. Lawyers who truly listen to their clients’ needs, are accessible, and strive to build trusting relationships are highly valued.’

Principaux clients

Aeroméxico (Aerovías de México)


INCAE Business School


IT Servicios de Infocomunicación Honduras


Software One


United Airlines


Versatec


AJE Group (Big Cola)


Knoah Solutions


Cámara de Comercio Hondureño Americana (AmCham Honduras)


Econored


Principaux dossiers


Gufa Law

The tax practice at Gufa Law is primarily geared towards advising international companies with operations in Honduras, frequently assisting with the tax aspects of M&A, including cross-border transactions, as well as customs issues and exemptions under Honduras' special tax regimes. Its diverse client base spans the mining, energy, pharmaceuticals, manufacturing, transport, health, logistics and technology sectors. The department is led by senior associate Julia Sandoval, who has a strong all-round practice with notable expertise in the tax structuring of corporate transactions and reorganisations. Managing partner Mauricio Villeda Jr is also a key figure in the team.

Responsables de la pratique:

Julia Sandoval


Les références

‘Knowledgeable advice, great client service, responsive.’

‘Julia Sandoval is fantastic to work with. Very knowledgeable and caring.’

Principaux clients

Puma Energy (Petróleos y Energía de Honduras, S.A.)


Life Logistics Global


Man Energy Solutions


B.L. Harbert International LLC


Griffith Foods


The Church of Jesus Christ of Latter-day Saints


Principaux dossiers


  • Advised Life Logistics Global on tax due diligence in a multi-jurisdictional M&A transaction, ensuring compliance with local tax and regulatory requirements for the acquisition of Optimize Courier LLC.
  • Advised The Church of Jesus Christ of Latter-day Saints on national and municipal tax exemption processes, including tax relief for its affiliated NGO, Perpetual Education Fund Inc.
  • Advised B.L. Harbert International on tax compliance following the repeal of the Hourly Employment Law, ensuring adherence to local regulations in the restructuring of over 900 affected employees.

Lexincorp

Engels Zelaya and Sylvia Zelaya oversee the tax practice at Lexincorp, which works in tandem with the active corporate department to assist both local and international companies with tax and customs issues. The team routinely advises on tax compliance and exemptions, particularly for clients in the construction, telecoms, real estate, manufacturing, health and trade sectors. Office managing partner Benito Zelaya and Nora Amaya are other key names at top level, and the team was bolstered further in January 2025 with the additions of Mariano Torres, an expert in special tax regimes, and associate Ela Rivera, who previously served as head of the legal procurement office in the Tax Administration.

Responsables de la pratique:

Engels Zelaya; Sylvia Zelaya


Principaux clients

Proyectos y Construcciones Lief


Payroll Management SA de CV


Global Telecom Enterprise


Global International Services


Inmobiliaria Fechari


Representaciones De Calzado Hondureno (Recalhon)


Torre Aria


Epmarket SA de CV


Chuck E. Cheese


Principaux dossiers


  • Providing specialised tax advice to Proyectos y Construcciones Lief on the tax implications of exempt income, income tax cost management, and monthly tax compliance.
  • Advising Global Telecom on day-to-day tax matters.
  • Advising Inmobiliaria Fechari on monthly compliance with tax obligations and optimising financial strategies, rental income management, deductibility of expenses, and the impact of sales tax on various business models.

Ulloa & Asociados

Operating from offices in Tegucigalpa, San Pedro Sula and Choluteca, the tax team at Ulloa & Asociados specialises in advising local and regional companies in the industrial and agribusiness sectors, with a focus on compliance, exemptions and tax relief, and special fiscal regimes. In addition, the team assists clients in disputes with the tax authority and with the tax implications of M&A transactions. Compliance director Tania Espinoza and director Williams Méndez lead the team, supported by associates Gabriela Palao and Leonel Zaldívar. Managing partner Marielena Ulloa also lends her expertise to the practice.

Responsables de la pratique:

Tania Espinoza; Williams Méndez


Principaux dossiers