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Honduras

At a glance

  • Capital

    Tegucigalpa

  • Currency

    Honduran Lempira (L, HNL)

  • Official Languages

    Spanish (official language)

  • Population Size

    9,459,440 (2022)

  • Ease of doing business

    Moderate

  • VAT

    15% sales tax

About

Bordered by Guatemala, El Salvador, and Nicaragua, Honduras is a vibrant Central American nation with growing opportunities for international businesses. The country is renowned for its agricultural exports, particularly coffee, bananas, and cultivated shrimp, which form a strong backbone of the economy. Tegucigalpa, the capital city, is a bustling centre of commerce and government, while Spanish is the official language spoken nationwide.

For companies considering global expansion into Central America, Honduras presents exciting prospects. Mauve Group supports organizations with tailored Employer of Record (EOR) services and trusted global payroll solutions, helping businesses hire compliantly and manage their workforce with ease. Whether you are building new operations or strengthening regional partnerships, Mauve’s in‑country expertise ensures your international growth is both smooth and sustainable.