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Honduran Structure

Limited Liability Companies

Pursuant to the Honduran Companies Act (in Spanish: “Decreto 73”), a Limited Liability Company (in Spanish: “Sociedad de Responsabilidad Limitada”) must have the following organizational structure:

  1. The Partners Assembly (in Spanish: “Asamblea de Socios”) and a General Manager (in Spanish: “Gerente General”).

Joint Stock Companies

Pursuant to the Honduran Companies Act, a Joint Stock Company (in Spanish: “Sociedad de Anónima”) must have the following organizational structure:

  1. A Shareholders Assembly (in Spanish: “Asamblea de Accionistas”) and a Board of Directors (in Spanish: “Consejo de Administración”)/a Sole Administrator (in Spanish: “Administrador único”) only.

Please see, respectively, “General Manager”, “Board of Directors/Sole Adminstrator” in the left side menu for a more in-depth description of each structure, including how to change the respective board members.

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BLP has provided all input about changing board members in Honduras. BLP is a Central American law firm highly regarded for its client service and business oriented advice.  Winner of the “Customer Service Award” by Chambers and Partners in 2012, “Law firm of the Year - Costa Rica” Award by Chambers and Partners in 2013 and again in 2015, and the “Law firm of the Year - Costa Rica” Award by IFLR1000 in 2015, the firm is a one-stop-shop for conducting business.

For more information about BLP and changing board members in Honduras, please use the below contacts:

TEL: +504 2269 1217
EMAIL: mmalcotti@blplegal.com
WEB: www.blplegal.com