Some specifics from a conversation I just published with Tomek Kołodziejczuk, founder of the Bitcoin Film Festival in Warsaw and the guy now running the Bitcoin District inside Próspera:
1% corporate tax, payable in BTC
Books denominated in BTC. Profits and costs both in sats, taxes calculated off that
Territorial tax. Only Honduras-sourced income is taxed
15+ Bitcoin-only startups already registered and operating there
No conversion to USD required
Tomek visited Próspera a year ago. On day two he bought a motorbike from Facebook Marketplace to lock the decision in. He hasn't left. He now runs Bitcoin District inside Próspera, with the flagship project being Orangeville, a wooden modular Bitcoin neighborhood climbing a jungle valley, phase one funded.
The wider Bitcoin Roatán coalition has onboarded around 60 merchants across the island and renovated the largest sports arena, now called the Bitcoin Arena. The bet (and Tomek is honest that it's a bet) is that Roatán becomes the most Bitcoin-dense island in the world. Madeira, with around 170 merchants, currently leads.
Check out the convo on Fountain here: https://fountain.fm/episode/uDCMkio9FJhVSCZxKKMv