Cortés Chamber of Commerce and Industries
Corporate records in Honduras are managed by various Chambers of Commerce in each of the country’s 18 departments (provinces). The entity that oversees Corporate records in Honduras are managed by various Chambers of Commerce in each of the country’s 18 departments (provinces). The entity that oversees Honduras’ Chambers of Commerce is the Federation of Chambers of Commerce and Industries of Honduras (Federación de Cámaras de Comercio e Industrias de Honduras).
In terms of accessibility, the Cortés Chamber of Commerce and Industries (CCIC) is one of the best ways to find structured digital corporate records in Honduras. While corporate documents from other departments in Honduras outside of Cortés can occasionally be found within the CCIC database, the vast majority of records are from companies located and/or registered in the department of Cortés.
Breaking Down Honduran Corporate Records
When accessing Honduran corporate documents from CCIC, there are two main sections from which you can obtain useful information:
- A set of tables containing general information about the company
- Scanned copies of company filings that have been saved as PDF files
When you search for a company in the CCIC portal, and the company does indeed exist, you will be given an overview of the company presented in several tables. The first table is the General Information table (Información General) which includes useful information on the company name, domicile, and business scope, among others.
Fig. 1: The general information (información general) table.
The records (antecedentes) table contains scanned copies of filings for a company’s meetings that likely occurred prior to 2012. The presentation (asientos de presentación) table contains scanned copies of filings for meetings that most likely occurred after 2012. Company filings tend to outline when the meeting occurred, who was present at the meeting, and what was decided.
Fig. 2: The records (antecedentes), presentations (asientos de presentación), and summaries (resúmenes) tables.
The summaries (resúmenes) table provides text-based summaries of events that are described in detail in company filings. The information in these summaries should match the information found in the official corporate filings for each business meeting.
Finally, the company dossier will provide several tables for related parties, including for shareholders/board members (derechos), total share capital (capital), legal representatives/managers/officers/directors (representante), and individuals with power of attorney (poderes), among others.
It is important to note that these tables are not always kept up to date — updates to the tables in the company dossier are only loosely enforced by the CCIC. Therefore, it is always best practice to review the official company filings in the native site to get up-to-date information on share capital, shareholders, legal representatives, board members, etc.
Sayari Graph users have access to company information presented in the company tables.
What is included in the record?
Important Information Found in the General Information Table
| Company ID (Matrícula) | This is the company’s registration number that it is assigned after registering with the Chamber of Commerce. As of this writing, the matrícula is the only way you can access official company records using the CCIC portal. |
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Domicile (Ubicación de la Empresa; Dirección de la Empresa; Domicilio) |
Where the company is domiciled |
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Company Name (Denominación Social) |
The company’s legal name |
| Alias (Siglas) | Other names that the company may go by, including acronyms |
| Date of Incorporation, Date of Registration, Date of Digitization, Statutory End Date(Vigencia) | The date listed here can take on several meanings. Oftentimes, this date can refer to either the company’s incorporation date or date of registration with the CCIC. However, for some companies, Sayari analysts have interpreted this date as the date that the company’s documents were digitized and transferred over to the CCIC database, or as the company’s statutory end date. |
| Business Scope (Finalidad) | A general description of the company’s principal business activities |
| Operating Status (Estado) | An indication of whether the company is active, in liquidation, or closed |
Note: The information presented in the general information table can take on different meanings depending on the company, and on clerical errors that could have been made while entering data into the CCIC database.
Important Information Found in Official Corporate Filings
| Tax ID Number (RTN) | The company’s unique tax ID number. |
| Board of Directors (Consejo de Administración) | Companies in Honduras are not required to have a Board of Directors. However, when a company does have a Board of Directors, they are often made up of a President, Secretary and one or many Chairmen (Vocal(es)). Board members can also be shareholders under Honduran law. |
| Sole Administrator (Administrador/a Único/a) | If a company does not have a Board of Directors, it will be overseen by a Sole Administrator (Administrador Único). The Sole Administrator can be a shareholder. |
| Legal Representatives (Representantes Legales or Representante Permanente) | The designation of legal representatives can be dependent on how the company is structured. If the company does not have a Board of Directors, the legal representative will be the Sole Administrator. If the company does have a Board of Directors, legal representative(s) will be chosen. If no legal representative(s) are chosen, then the President of the board will be the legal representative by default. |
| Shareholder (Socio or Accionista) | Shareholders of the company. In some corporate filings, the amount of registered capital of each shareholder is listed. When this is listed, the percent ownership of a company for each shareholder can be calculated by dividing the value of the shares for each shareholder by the value of the total number of shares for the company. |
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Comisario(a) or Advisory Committee (Consejo de Vigilancia) |
Comisario is a common title in companies across Latin America. The main role of the comisario is to oversee activities carried out by the Board of Directors while keeping shareholders informed. They are able to convene shareholders meetings in the event that board members or the sole administrator is absent, and they are responsible for general oversight of the company. |
| Manager/General Manager (Gerente/Gerente General) | Managers/General Managers often serve as administrators on Honduran companies. Managers/General Managers can be shareholders under Honduran law. |
| Power of attorney (Apoderado) | Individuals who have the title apoderado, have been given power of attorney. |