Categoría: Negocios Internacionales

INERTIA Inversiones lleva Espresso Americano a Madrid, España mediante colocación privada internacional

Espresso Americano es la cadena de cafés más grande de Honduras y tiene presencia en varios países centroamericanos.

Madrid, España La firma INERTIA Inversiones estructuró una colocación privada internacional para llevar a Espresso Americano, la reconocida cadena de café hondureña, a la península ibérica. El 10 de marzo Espresso Americano abrió su primer local europeo en la Calle de Preciados, 33, Madrid, España.

“Lo soñamos y lo logramos”, comentó Elías El-Hayek sobre la reciente apertura en España. El-Hayek, Managing Partner y CEO de Inversiones INERTIA España, es un profesional hondureño con más de 20 años de experiencia liderando operaciones empresariales de multinacionales en Centroamérica y en África.

Financiación internacional

The internationalization of an iconic Honduran brand such as Espresso Americano to European markets was made possible through an international private placement in which investors from Central America, Spain, and the United States participated. The legal and financial structuring of the project, organized by INERTIA Investments, generated confidence, transparency, and high expectations, encouraging investors to take part in a unique opportunity to expand one of the most successful brands in Central America. INERTIA Investments was also directly in charge of raising the capital.

“A través de colocaciones privadas debidamente estructuradas es posible generar confianza entre los inversionistas y fundar nuevas empresas, expandir operaciones o acceder a mercados internacionales reduciendo o mitigando la necesidad de recurrir al endeudamiento financiero”, afirmó el abogado Jorge Constantino Colindres, Socio Fundador de INERTIA y consultor de gobierno corporativo.

Espresso Americano: La Pasión por el Café

Espresso Americano abrió su primer local en 1994 en la ciudad de Tegucigalpa y en 28 años de trayectoria se ha convertido en la cadena de café hondureño más grande y exitosa del país, con más de 300 locales abiertos al público.

INERTIA is a multidisciplinary professional services firm based in San Pedro Sula, Honduras, and Madrid, Spain that specializes in investment structuring, legal services, foreign direct investment, asset protection, and investment advisory in digital assets.

Limited Liability Companies (LLCs) in Roatán, Bay Islands

In 2019, Próspera ZEDE, a local government within the Caribbean island of Roatán, a former British colony, enacted the Roatán Common Law Code (RCLC). The RCLC is comprised of the American Law Institute’s Restatements of the Law, and several uniform and model acts published by the American Bar Association and the Uniform Law Commission, including the uniform Limited Liability Companies Act (2006). The local government, Próspera ZEDE, operates under the special Zones for Employment and Economic Development (ZEDE) regime, which is anchored in the National Constitution, CAFTA-DR, and Bilateral Investment Treaties.

Limited Liability

The Roatán LLC is an entity with a legal existence separate and distinct from its owners, it has perpetual duration, and may have any lawful purpose, regardless of whether for profit. The capital structure of LLCs is based on membership interests, and they can be either member-managed or manager-managed; the manager of the company may be a natural person or a legal person. Members and managers are not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the company solely by reason of being or acting as a member or manager.

Freedom of Contract

The Roatán LLCs are based on the principle of freedom of contract, allowing ample flexibility for the management and organization of the company. The members of the LLC are required to authorize an Operating Agreement, which is a private contract that will govern the relationship amongst the company’s members, the rights and duties of the manager, the procedure for amending the agreement, and all activities and affairs of the company. The Operating Agreement may be kept private and is not required to be filed to the public entities registry.

Through the Operating Agreement, the parties may determine nearly all aspects of their relationship with one another. The parties may provide for various classes of members or managers (each with different rights, powers, and duties), or even classes of limited liability company interests or assets. To the extent that a member or manager has duties (including fiduciary duties), the Roatán LLC operating agreement may expand or restrict or eliminate such duties (other than the implied contractual covenant of good faith and fair dealing).

Ease of Formation

The LLCs can be formed by filing a Certificate of Organization with Próspera’s General Service Provider (GSP) and will then be registered in the Próspera Entities Registry. There is no minimum capital required. All members of the company are required to have, at least, an e-residency agreement with Próspera, which allows the parties to do business within the jurisdiction and use its e-governance system. The applications for e-residency can be made at

Regulation and Insurance

The LLC and its members are required to obtain a liability insurance policy from a qualified insurance service provider in the jurisdiction (See, Financial Responsibility Statute). If the company operates in a regulated industry, supplemental insurance is required.

The regulated industry company can elect to do business under the regulatory code of any of 30 Best Practice Peer Countries (Australia, Austria, Belgium, Canada, Chile, Denmark, Dubai, Estonia, Finland, France, Germany, Iceland, Ireland, Hong Kong, Israel, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Spain, Sweden, Singapore, Switzerland, United Kingdom, and the United States of America). The company must declare its regulatory choice in the Entities Registry and must disclose it in all of its contracts (See, Industrial Regulation Statute).

Low Taxation

The Roatán LLC is taxed only on income sourced from within the Próspera ZEDE jurisdiction. Because the jurisdiction operates under a territorial tax system, income derived from foreign sources or operations is not taxed. Business income sourced in Próspera is taxed at a 1% rate on gross income; there is no capital gains tax, asset tax, solidarity tax, or any other tax on profits or income. There is a 2.5% sales tax on retail activity sourced within Próspera. The Roatán LLC is also subject to a 1% Land Value Tax, without accounting for improvements.

Non-residents are subject to a 1% withholding tax on the payment of dividends, service contracts, interests, royalties, rent, or any other sort of business income. There is a 5% withholding tax on labor compensation and pension payments to non-residents. The Próspera Tax Statute offers a Most Favored Nation treatment that allows companies to apply to sufficient tax credits and exemptions to match a lower tax burden that may be offered by another tax jurisdiction or special regime.

Próspera is also a free port, allowing the resident companies to import goods and services with zero taxation, tariffs, duties, charges or surcharges.

Cost Structure

An e-residency agreement for natural or juridical persons has an annual cost of US$130.00; currently, the general liability insurance policy required for both the founding member and the company has a cost of US$260.00; additionally, an LLC must have a registered agent within the jurisdiction, whose annual cost is usually around US$250.00, depending on the provider; finally, the LLCs are subject to an annual report filing obligation, which has a US$100.00 fee. The total annual cost of a Roatán LLC with a single member is US$1,130.00

Investment Protection

Investors in Próspera ZEDE enjoy the Most Favored Nation Treatment without regard to their nationality, granting them any better treatment afforded to any commercial partner country. Próspera ZEDE’s autonomy and legal stability are guaranteed by the National Constitution, by Bilateral Investment Treaties, and, since its Promoter and Organizer is United States of America based company, by the Central American Free Trade Agreement (CAFTA-DR).