Step | Action | Documentation | Signatures? | Timing | Originals? | Notarization/ Certification? |
Waiver of Step? |
Miscellaneous |
---|---|---|---|---|---|---|---|---|
1 |
Convening of GM. |
Convening notice (as stablished in the DoI). |
No. |
No specific deadline applies (unless otherwise set out in the DoI). |
No. |
No. |
Yes, if allowed in the DoI. |
|
2 |
GM. |
Minutes of the GM. |
Yes, to be signed by the Secreatary of the GM. |
As set out in the convening notice (unless waived, cf. Step 1). |
Yes. |
Yes, the Minutes are to protocolized by a notary public for its incorporation into a public deed. |
No, however, the GM may take place virtually and/or as otherwise allowed by DoI. |
At least 50% of the Partners shall be represented in the GM (unless otherwise stated in the DoI). The Partners can be represented by others with a Power of Attorney. |
3 |
Registration at the Honduran Mercantile Registry. |
(i) Notarized Minutes of GM; and (ii) Public deed. |
No. |
No specific deadline applies (unless otherwise set out in the DoI). |
Yes. |
Yes (cf. Step 2). |
No. |
The appointment is effective towards thirds parties once registered at the Mercantile Registry. Registration in the Mercantile Registry requires payment of a registration fee. |
1
Step 1
|
2
Step 2
|
3
Step 3
|
|||
As set out in the DoI** *Unless waived (if possible). **The need for notarization may take additional time. |
Step | Action | Documentation | Signatures? | Timing | Originals? | Notarization/ Certification? |
Waiver of Step? |
Miscellaneous |
---|---|---|---|---|---|---|---|---|
1 |
Convening of GM. |
Convening notice (as stablished in the DoI). |
No. |
No specific deadline applies (unless otherwise set out in the DoI). |
No. |
No. |
Yes, if allowed in the DoI. |
|
2 |
GM. |
Minutes of the GM. |
Yes, to be signed by the Secreatary of the GM. |
As set out in the convening notice (unless waived, cf. Step 1). |
Yes. |
Yes, the Minutes are to protocolized by a notary public for its incorporation into a public deed. |
No, however, the GM may take place virtually and/or as otherwise allowed by DoI. |
At least 50% of the Partners shall be represented in the GM (unless otherwise stated in the DoI). The Partners can be represented by others with a Power of Attorney. |
3 |
Registration at the Honduran Mercantile Registry. |
(i) Notarized Minutes of GM; and (ii) Public deed. |
No. |
No specific deadline applies (unless otherwise set out in the DoI). |
Yes. |
Yes (cf. Step 2). |
No. |
The dismissal is effective towards thirds parties once registered at the Mercantile Registry. Registration in the Mercantile Registry requires payment of a registration fee. |
1
Step 1
|
2
Step 2
|
3
Step 3
|
|||
As set out in the DoI** *Unless waived (if possible). **The need for notarization may take additional time. |
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 1217EMAIL: mmalcotti@blplegal.com
WEB: www.blplegal.com