Key attributes of the labor rules:
- Effective November 11, 2020, Employers pay, at the option of the employee, either:
- at least 125% of the national minimum wage and an additional amount equal to at least 10% of compensation into employee-owned benefit accounts; or
- at least 110% of the national minimum wage and an additional amount equal to at least 25% of compensation into employee-owned benefit accounts.
- 90% of laborers are required to be Honduran
- USD is the default currency of employee compensation
- Employees are guaranteed both the right to unionize and the right to work independently.
Key attributes of the tax rules:
- 10% Income Tax (or validated most favored alternative treatment)
- 5% Retail Value-Added Tax (effective Retail Sales tax of 2.5%)
- 1% Land Value Tax
- Aggregate taxation is capped at 7.5% of Próspera ZEDE’s GDP
Key attributes of access to justice:
- The world-class Próspera Arbitration Center serves as the default Arbitration Service Provider.
- Competitive, high integrity dispute resolution is offered for the full range of civil matters, including small claims, labor, contract and property disputes.
- E-filing is available at https://www.pac.hn/e-filing/
- Fee calculator available at https://www.pac.hn/calculator/
Key attributes of environmental protection rules:
- Prohibition on activities that damage or provably threaten the living coral reef
- Prohibition on hazardous activities, conditions and materials absent compliance with regulatory best practices
- Enforceable pollution exclusion rights
Key attributes related to human rights:
- Resident Bill of Rights guarantees human rights
- Independent Ombudsman to oversee compliance within the Próspera ZEDE (after a transitional period)
Democratic rights of Próspera ZEDE residents:
- All electoral rights of Honduran Citizens
- Right to select the Technical Secretary of Próspera ZEDE subject to CAMP approval
- Right to select a majority of the Council of Trustees
- Right to repeal Council Rules through snap referenda
- Right to replace the Ombudsman
- Right to amend the Próspera ZEDE Charter