The approval of Legislative Decree 48-2022 Law for the Economic Recovery and Reactivation of Micro and Small Businesses and Agreement 362-2022 Regulations for the Economic Recovery and Reactivation of Micro and Small Businesses applies to all Micro and Small Enterprises (MSMEs) that have been:
- Incorporated in Honduras.
- Operating informally within five (5) years before the law entered into force; and
- Seek to formalize their operations under the new law.
The new regulations provide that such as MSME is:
