==Link to the legal code== [https://pzgps.hn/wp-content/uploads/2024/02/Prospera-Code-Final-Draft-8.15.2023-v8.1.2023.pdf|Prospera's code] # Próspera ZEDE Regulatory Workflows and Processes *Generated Repository* Legal Authority: Próspera Arbitration Statute 2019, Articles 11, 31, 33, 34, 46 A dispute arises under Próspera law or contract (Article 31(1)) Flow_Start_to_Request Send request for dispute to be referred to arbitration to the Respondent (Article 31(1)) Flow_Start_to_Request Flow_Request_to_Claim Submit Statement of Claim to Arbitral Tribunal within agreed time. Content must include: facts supporting claim, points at issue, and relief/remedy sought (Article 33(1)) Flow_Request_to_Claim Flow_Claim_to_End Flow_Claim_to_End Receive arbitration request from Claimant Flow_Receive_to_Defence Submit Statement of Defence in respect of particulars (Article 33(1)) Flow_Receive_to_Defence Flow_Defence_to_End Flow_Defence_to_End Party requests appointment due to failure to agree (Article 11(3)) Flow_ASP_Start Determine if sole arbitrator or three-arbitrator panel is required Flow_ASP_Start Flow_SoleArbitrator Flow_ThreeArbitrators ASP/Court appoints single arbitrator upon request (Article 11(3)(b)) Flow_SoleArbitrator Flow_Sole_to_End Monitor 30-day window for party appointments (Article 11(3)(a)) Flow_ThreeArbitrators Flow_Monitor_to_Check Check if parties appointed arbitrators within 30-day window Flow_Monitor_to_Check Flow_NotAppointed Flow_Appointed ASP/Court makes appointment when party fails within 30 days (Article 11(3)(a)) Flow_NotAppointed Flow_Default_to_End Flow_Sole_to_End Flow_Default_to_End Flow_Appointed ${arbitratorCount == 1} ${arbitratorCount == 3} ${!appointedInTime} ${appointedInTime} Receive Statement of Claim from Claimant Flow_Claim_to_Defence Receive Statement of Defence from Respondent Flow_Claim_to_Defence Flow_Defence_to_Decision Decide whether to hold oral hearings or conduct proceedings on documents (Article 34(1)) Flow_Defence_to_Decision Flow_OralHearing Flow_DocumentBased Conduct oral hearings with parties present (Article 34(1)) Flow_OralHearing Flow_Oral_to_Award Review proceedings based on documents and written submissions (Article 34(1)) Flow_DocumentBased Flow_Doc_to_Award Flow_Oral_to_Award Flow_Doc_to_Award Flow_Converge_to_Award Issue binding Arbitral Award (Article 46) Flow_Converge_to_Award Flow_Award_to_End Final arbitral award issued - binding on parties Flow_Award_to_End ${hearingType == 'oral'} ${hearingType == 'documents'} --- ## 6. Arbitration Proceedings **Process Name:** Commencement of Arbitration **Legal Authority:** *Próspera Arbitration Statute 2019*, Article 31; Article 33. ### 1. Prerequisites & Requirements * **Dispute:** A dispute arising under Próspera law or contract [Reference: Próspera Arbitration Statute, Article 31(1)]. * **Parties:** Claimant and Respondent. * **Arbitration Agreement:** A contract clause, residency contract provision, or standing offer accepted by the party [Reference: Próspera Arbitration Statute, Article 33(1)]. ### 2. Step-by-Step Workflow 1. **Claimant:** Sends a request for the dispute to be referred to arbitration to the Respondent [Reference: Próspera Arbitration Statute, Article 31(1)]. 2. **Claimant:** Submits a "Statement of Claim" to the Arbitral Tribunal (and Default ASP) within the agreed time [Reference: Próspera Arbitration Statute, Article 33(1)]. * *Content:* Facts supporting the claim, points at issue, and relief/remedy sought. 3. **Respondent:** Submits a "Statement of Defence" in respect of the particulars [Reference: Próspera Arbitration Statute, Article 33(1)]. 4. **Arbitral Tribunal:** Decides whether to hold oral hearings or conduct proceedings based on documents [Reference: Próspera Arbitration Statute, Article 34(1)]. ### 3. Final Output * **Arbitral Award** (Binding decision) [Reference: Próspera Arbitration Statute, Article 46]. --- **Process Name:** Appointment of Arbitrators (Default Procedure) **Legal Authority:** *Próspera Arbitration Statute 2019*, Article 11. ### 1. Prerequisites & Requirements * **Trigger:** Parties fail to agree on the appointment procedure or specific arbitrators in their contract [Reference: Próspera Arbitration Statute, Article 11(3)]. ### 2. Step-by-Step Workflow 1. **Party:** Requests appointment by the Arbitration Service Provider (ASP) or Próspera ZEDE Court [Reference: Próspera Arbitration Statute, Article 11(3)(a)]. 2. **Sole Arbitrator Scenario:** * **ASP/Court:** Appoints the single arbitrator upon request [Reference: Próspera Arbitration Statute, Article 11(3)(b)]. 3. **Three Arbitrator Scenario:** * **Claimant:** Appoints one arbitrator. * **Respondent:** Appoints one arbitrator. * **Appointed Arbitrators:** Jointly appoint the third (presiding) arbitrator. * *Default:* If a party fails to appoint within **30 days**, the ASP/Court makes the appointment [Reference: Próspera Arbitration Statute, Article 11(3)(a)]. ### 3. Final Output * **Constitution of Arbitral Tribunal** [Reference: Próspera Arbitration Statute, Article 11]. --- ## 7. Labor Compliance **Process Name:** Establishment of Labor Benefit Fund (Trust) **Legal Authority:** *Próspera Labor Statute*, Section 3(b). ### 1. Prerequisites & Requirements * **Employer:** Must be a Próspera Resident or e-Resident [Reference: Próspera Labor Statute, Section 3(b)(1)]. * **Employee:** Must be performing work within Próspera [Reference: Próspera Labor Statute, Section 3(a)(1)]. * **Trustee:** The Employer (acting as settlor and trustee) [Reference: Próspera Labor Statute, Section 3(b)(2)]. * **Custodian:** The GSP or a complying financial institution (non-fiduciary custodian) [Reference: Próspera Labor Statute, Section 3(b)(2)]. ### 2. Step-by-Step Workflow 1. **Employer:** Establishes a trust account ("Próspera Labor Benefit Fund") for the employee [Reference: Próspera Labor Statute, Section 3(b)(1)]. 2. **Employer:** Funds the account quarterly [Reference: Próspera Labor Statute, Section 3(b)(1)]. * *Amount:* 10% of gross compensation (if 13th/14th month waived) OR 8% (standard) [Reference: Próspera Labor Statute, Section 3(b)(1)(i)-(ii)]. 3. **Employer:** Furnishes GSP with an annual report on the aggregate amount paid [Reference: Próspera Labor Statute, Section 3(b)(8)]. 4. **Employee:** May request disbursement upon qualifying events (age 62, disability, medical/education hardship, etc.) [Reference: Próspera Labor Statute, Section 3(b)(9)]. ### 3. Final Output * **Funded Trust Account** for Employee Benefit. ## 8. Personal Registry **Process Name:** Registration of Natural Person Resident **Legal Authority:** *Próspera Personal Registry Statute*, Sections 3 & 4. ### 1. Prerequisites & Requirements * **Agreement:** Execution of the Agreement of Coexistence [Reference: Próspera Personal Registry Statute, Section 3(a)(1)]. * **KYC/Background Check:** Clearance of "Know-Your-Customer" and privacy policies (background check) [Reference: Próspera Personal Registry Statute, Section 3(a)(2)]. * **Fee:** Payment of prescribed fees (e.g., $50 for document filing) [Reference: Próspera Personal Registry Statute, Section 3(a)(3)]. ### 2. Step-by-Step Workflow 1. **Applicant:** Submits application via the e-governance service (online portal) [Reference: Próspera Personal Registry Statute, Section 4(a)(1)]. 2. **Registrar:** Verifies identity (photographic/digital likeness) and background check results [Reference: Próspera Personal Registry Statute, Section 4(b)]. 3. **Registrar:** Assigns a unique identification number [Reference: Próspera Personal Registry Statute, Section 3(b)]. 4. **Registrar:** Records residency status, email, and insurance coverage [Reference: Próspera Personal Registry Statute, Section 3(b)]. ### 3. Final Output * **Residency ID** (Number/Card) and entry in the Próspera Personal Registry. --- ## 9. Decentralized Land Regulation (Severed Rights) **Process Name:** Registration of Severed Rights (e.g., Air, Development, Use) **Legal Authority:** *Próspera Decentralized Land Regulation Statute*, Section 3. ### 1. Prerequisites & Requirements * **Source Title:** Must hold title to the surface estate of land in Próspera [Reference: Próspera Decentralized Land Regulation Statute, Section 3(A)]. * **Instrument:** A "Transfer/Notation Instrument" (e.g., Common Interest Community Declaration) [Reference: Próspera Decentralized Land Regulation Statute, Section 3(A)(1)]. * **Definition:** Rights must be defined by fixed volume (cubic meters) and 3D coordinates/strata [Reference: Próspera Decentralized Land Regulation Statute, Section 3(A)(2)]. ### 2. Step-by-Step Workflow 1. **Owner:** Registers a Transfer/Notation Instrument with the Próspera Property Registry [Reference: Próspera Decentralized Land Regulation Statute, Section 3(A)(1)]. 2. **Registrar:** Verifies the instrument defines the rights (e.g., "Air Rights" or "Development Rights") as a separate estate [Reference: Próspera Decentralized Land Regulation Statute, Section 3(A)(2)]. 3. **Severance:** The rights are legally severed from the surface estate [Reference: Próspera Decentralized Land Regulation Statute, Section 3(A)(3)]. 4. **Taxation:** Próspera Land Value Tax immediately attaches to the new Severed Rights estate [Reference: Próspera Decentralized Land Regulation Statute, Section 3(A)(4)]. ### 3. Final Output * **Separate Fee Simple Estate** title for the Severed Rights [Reference: Próspera Decentralized Land Regulation Statute, Section 3(B)]. --- **Process Name:** Hard Affixture of Severed Rights **Legal Authority:** *Próspera Decentralized Land Regulation Statute*, Section 3(C)(1). ### 1. Prerequisites & Requirements * **Severed Rights:** Valid title to Severed Rights [Reference: Próspera Decentralized Land Regulation Statute, Section 3(C)(1)]. * **Target Estate:** Title to another Real Property estate to which rights will be affixed [Reference: Próspera Decentralized Land Regulation Statute, Section 3(C)(1)]. * **Inspection:** Certification from GSP or third-party inspector [Reference: Próspera Decentralized Land Regulation Statute, Section 3(C)(1)(a)]. ### 2. Step-by-Step Workflow 1. **Titleholder:** Submits registration form for "Hard Affixture" [Reference: Próspera Decentralized Land Regulation Statute, Section 3(C)(1)(b)]. 2. **Inspector:** Certifies that the source parcel/rights are not currently required for lawful use of a different estate [Reference: Próspera Decentralized Land Regulation Statute, Section 3(C)(1)(a)]. 3. **Titleholder:** Indemnifies successors in title against liability from false certification [Reference: Próspera Decentralized Land Regulation Statute, Section 3(C)(1)(c)]. 4. **Registrar:** Registers the affixture, binding the rights to the new estate in perpetuity (absent future severance) [Reference: Próspera Decentralized Land Regulation Statute, Section 3(C)(1)]. ### 3. Final Output * **Registered Affixture** (Rights run with the new land title) [Reference: Próspera Decentralized Land Regulation Statute, Section 3(C)(1)]. --- ## 10. Administrative Sanctions **Process Name:** Voluntary Compliance (Confession) **Legal Authority:** *Próspera Administrative Sanctions Statute*, Section 6. ### 1. Prerequisites & Requirements * **Timing:** Must confess *before* a Notice of Offence is served [Reference: Próspera Administrative Sanctions Statute, Section 6(1)]. * **Scope:** Administrative infraction (not criminal felony) [Reference: Próspera Administrative Sanctions Statute, Section 2(a)]. ### 2. Step-by-Step Workflow 1. **Offender:** Voluntarily reports the infraction to the GSP/Authority [Reference: Próspera Administrative Sanctions Statute, Section 6(1)]. 2. **Authority:** Calculates the applicable fine [Reference: Próspera Administrative Sanctions Statute, Section 6(2)]. 3. **Reduction:** Authority applies a reduction (fine shall not be less than 1/5th of the applicable amount) [Reference: Próspera Administrative Sanctions Statute, Section 6(2)]. 4. **Payment:** Offender pays the reduced fine [Reference: Próspera Administrative Sanctions Statute, Section 6(2)]. 5. **Record:** Record is kept confidential. If "victimless", record may be stricken [Reference: Próspera Administrative Sanctions Statute, Section 6(3)]. ### 3. Final Output * **Resolution of Infraction** with reduced penalty [Reference: Próspera Administrative Sanctions Statute, Section 6]. --- **Process Name:** Objection to Notice of Alleged Violation (NoAV) **Legal Authority:** *Próspera Administrative Sanctions Statute*, Section 8. ### 1. Prerequisites & Requirements * **Notice:** Receipt of a Notice of Alleged Violation (NoAV) [Reference: Próspera Administrative Sanctions Statute, Section 8(1)]. * **Timeline:** Objection must be filed within **7 days** of receipt [Reference: Próspera Administrative Sanctions Statute, Section 8(2)]. ### 2. Step-by-Step Workflow 1. **Authority:** Serves NoAV on the alleged offender [Reference: Próspera Administrative Sanctions Statute, Section 8(1)]. 2. **Offender:** Files an objection within 7 days [Reference: Próspera Administrative Sanctions Statute, Section 8(2)]. 3. **Election:** Offender elects dispute resolution forum: * *Default:* Próspera Default Arbitration Service Provider (ASP) [Reference: Próspera Administrative Sanctions Statute, Section 8(2)(b)(i)]. * *Option:* AAA International Center for Dispute Resolution (if provided in Agreement of Coexistence) [Reference: Próspera Administrative Sanctions Statute, Section 8(2)(b)(ii)]. 4. **Hearing:** Authority schedules an initial hearing (10-30 days after objection window) [Reference: Próspera Administrative Sanctions Statute, Section 8(3)]. 5. **Decision:** Competent authority issues a final "Administrative Resolution" within 90 days [Reference: Próspera Administrative Sanctions Statute, Section 8(4)]. ### 3. Final Output * **Administrative Resolution** (upholding or dismissing the fine) [Reference: Próspera Administrative Sanctions Statute, Section 8(4)]. ## 1. Entity Registration (Incorporation) **Process Name:** Registration of a Legal Entity (LLC or Corporation) **Legal Authority:** *Próspera Entity Registry Statute* (§ 2-1-43-0-0-0-1 et seq.) and *Próspera Entity Registry KYC Policy No. 1*. ### 1. Prerequisites & Requirements * **Residency:** The applicant (person forming the entity) must have an active Próspera Residency (e-Residency) number [Reference: Próspera Entity Registry Statute, Section 3(a)(1)]. * **Registered Agent:** Must appoint a registered agent with a physical address within Próspera ZEDE [Reference: Próspera Entity Registry Statute, Section 3(a)(4)]. * **Insurance:** Liability insurance policy (required before starting business operations) [Reference: Próspera Financial Responsibility Statute, Section 3]. * **KYC Documents:** * Name, birth date, citizenship of all C-level management and 10%+ beneficial owners [Reference: Próspera Entity Registry KYC Policy No. 1, Section 1]. * Reference letter from a professional, association, or institution of high repute for the applicant and key principals [Reference: Próspera Entity Registry KYC Policy No. 1, Section 1(b)]. * Confirmation that no principal is on international sanctions/watch lists (OFAC, Interpol, etc.) [Reference: Próspera Entity Registry KYC Policy No. 1, Section 1(c)]. ### 2. Step-by-Step Workflow 1. **Submission:** Applicant submits the request via the ePróspera digital governance platform (or GSP designated portal) [Reference: Próspera Entity Registry Statute, Section 4(a)]. 2. **KYC Verification:** The Registrar (or designee) reviews submitted KYC information and reference letters [Reference: Próspera Entity Registry KYC Policy No. 1, Section 2]. 3. **Filings:** Applicant submits: * Organic documents (Articles of Incorporation/Organization) [Reference: Próspera Entity Registry Statute, Section 3(a)(3)]. * Registered agent designation [Reference: Próspera Entity Registry Statute, Section 3(a)(4)]. * Payment of fees (e.g., $150 USD for organic documents, $25 for non-organic) [Reference: Próspera Entity Registry Statute, Section 3(a)(5)]. 4. **Review:** Registrar verifies compliance with the Roatán Common Law Code (RCLC) Entity Code [Reference: Próspera Entity Registry Statute, Section 4(b)]. 5. **Registration:** Upon approval, the entity is assigned a unique identification number [Reference: Próspera Entity Registry Statute, Section 3(b)]. 6. **Public Notice:** The entity’s status is recorded in the Próspera Entity Registry [Reference: Próspera Entity Registry Statute, Section 3(b)]. ### 3. Final Output * **Certificate of Incorporation/Organization** and a Unique Entity Identification Number [Reference: Próspera Entity Registry Statute, Section 4(c)]. --- ## 2. Land Registration (Torrens System) **Process Name:** Bringing Land Under the Próspera Title System **Legal Authority:** *Land Title Law of Próspera 2019* (§ 2-1-22-1-0-0-1 et seq.), Part 5, Div 1, Art 110. ### 1. Prerequisites & Requirements * **Applicant:** Must be the owner of the land and hold a Próspera Residency Number [Reference: Land Title Law of Próspera 2019, Article 110(1)]. * **Consents:** If the land is mortgaged, the mortgagee (lender) must consent. If owned by multiple people, all must apply [Reference: Land Title Law of Próspera 2019, Article 110(3)-(4)]. * **Geospatial Data:** A plan adequately defining the land (horizontal coordinates) and any severed rights (vertical/air/subsurface) prepared using suitable technology (precision ±0.1m horizontal, ±0.3m vertical) [Reference: Land Title Law of Próspera 2019, Article 107; Article 127]. ### 2. Step-by-Step Workflow 1. **Application:** Owner submits an application to the Registrar to bring land under the Law [Reference: Land Title Law of Próspera 2019, Article 110(1)]. 2. **Plan Deposit:** Owner deposits a survey plan complying with geospatial standards [Reference: Land Title Law of Próspera 2019, Article 127(1)]. 3. **Review:** Registrar verifies the application, consents, and survey data [Reference: Land Title Law of Próspera 2019, Article 111(1)]. 4. **Registration:** Registrar registers the applicant as the owner of the estate [Reference: Land Title Law of Próspera 2019, Article 111(1)(b)]. 5. **Creation of Title:** Registrar creates a new "Record of Title" (electronic) [Reference: Land Title Law of Próspera 2019, Article 14]. ### 3. Final Output * **Record of Title** (Electronic) which serves as conclusive evidence of ownership [Reference: Land Title Law of Próspera 2019, Article 6]. --- ## 3. Industrial Regulatory Election **Process Name:** Regulatory Election for Regulated Industries **Legal Authority:** *Próspera Industrial Regulation Statute* (§ 2-2-28-0-0-0-1 et seq.), Section 3 & 4. ### 1. Prerequisites & Requirements * **Status:** Entity must be a "Regulated Industry Person" (e.g., Finance, Health, Energy, Construction with >10 employees/$1M revenue) [Reference: Próspera Industrial Regulation Statute, Section 2(l), 2(n)]. * **Insurance:** Specialized liability insurance coverage [Reference: Próspera Industrial Regulation Statute, Section 5(a)]. ### 2. Step-by-Step Workflow 1. **Selection:** The entity selects its regulatory framework from three options: * **Option A:** Laws of Honduras (outside Próspera) [Reference: Próspera Industrial Regulation Statute, Section 3(a)]. * **Option B:** Laws of a "Best Practice Peer Country" (e.g., USA, UK, Singapore, Estonia, etc.) as if operating in that jurisdiction [Reference: Próspera Industrial Regulation Statute, Section 3(b)]. * **Option C:** Proposed "Optimal Regulation" (requires petition and Council approval) [Reference: Próspera Industrial Regulation Statute, Section 4]. 2. **Disclosure:** The entity must disclose this election in: * All contracts with clients/third parties [Reference: Próspera Industrial Regulation Statute, Section 3(e)(i)]. * The Próspera Entity Registry (public notation) [Reference: Próspera Industrial Regulation Statute, Section 3(e)(ii)]. 3. **Compliance:** * *If Option A or B:* Entity operates self-regulated under the chosen laws [Reference: Próspera Industrial Regulation Statute, Section 3(c)]. * *If Option C:* Entity submits a petition to the Próspera Council, presents it at a meeting, and awaits approval [Reference: Próspera Industrial Regulation Statute, Section 4(b)]. ### 3. Final Output * **Public Notation of Regulatory Election** in the Registry and legal authorization to operate under the chosen framework [Reference: Próspera Industrial Regulation Statute, Section 3(e)]. --- ## 4. Banking License Application **Process Name:** Application for Banking License (Class A, B, C, or D) **Legal Authority:** *Próspera Financial Regulation A* (§ 3-2-164-0-0-0-1), Part 6; *RFSA Administrative Action No. 6* (Application Form). ### 1. Prerequisites & Requirements * **Entity Type:** Must be a Corporation or LLC [Reference: Próspera Financial Regulation A, Part 6, Sec. 601(a)]. * **Residency:** Applicant must have an (e)Resident Number [Reference: RFSA AA No. 6, Section 1(1)]. * **Capital:** * Class A (Lending only): No minimum [Reference: Próspera Financial Regulation A, Part 6, Sec. 602]. * Class B (100% Reserve): No minimum [Reference: Próspera Financial Regulation A, Part 6, Sec. 603]. * Class C (Commercial): $10,000,000 USD (long-term capital) [Reference: Próspera Financial Regulation A, Part 6, Sec. 604(2)]. * Class D (Microfinance): $400,000 USD (long-term capital) [Reference: Próspera Financial Regulation A, Part 6, Sec. 605(2)]. * **Documents:** Certificate of incorporation, financial/admin structure, technical plans, proof of capital origin, organizer details [Reference: RFSA AA No. 6, Section 1(3)]. ### 2. Step-by-Step Workflow 1. **Submission:** Submit "Bank License Application Form" and required documents to the Roatán Financial Services Authority (RFSA) [Reference: RFSA AA No. 6, Section 1]. 2. **Evaluation (CAMELS):** RFSA evaluates Capital, Asset quality, Management, Earnings, Liquidity, and Sensitivity to risk (CAMELS review) [Reference: Próspera Financial Regulation A, Part 6, Sec. 606]. * *Timeline:* RFSA must resolve the request within **20 business days** of receipt [Reference: Próspera Financial Regulation A, Part 6, Sec. 606(b)]. 3. **Authorization:** If approved, RFSA issues a license authorization certification [Reference: Próspera Financial Regulation A, Part 6, Sec. 606(c)]. 4. **Registration:** The authorization is filed/notated in the Próspera Entity Registry within **10 business days** [Reference: Próspera Financial Regulation A, Part 6, Sec. 606(d)]. 5. **Start of Operations:** Bank must start operations within **6 months** (extendable by 3 months) [Reference: Próspera Financial Regulation A, Part 6, Sec. 606(e)]. ### 3. Final Output * **Banking License** (Certification) and authorization to operate [Reference: Próspera Financial Regulation A, Part 6, Sec. 606(c)]. --- ## 5. Money Transmitting Business Registration **Process Name:** Registration of Money Transmitting Business **Legal Authority:** *Próspera Financial Regulation A*, Part 5, Division 14 (§ 1401-1402). ### 1. Prerequisites & Requirements * **Scope:** Applies to any person owning/controlling a business that provides check cashing, currency exchange, or money transmission [Reference: Próspera Financial Regulation A, Part 5, Div 14, Sec 1401(a)]. * **Deadline:** Must register not later than **180 days** after the business is legally incorporated [Reference: Próspera Financial Regulation A, Part 5, Div 14, Sec 1402(a)]. ### 2. Step-by-Step Workflow 1. **Submission:** Submit registration to the RFSA [Reference: Próspera Financial Regulation A, Part 5, Div 14, Sec 1402(a)]. 2. **Information Required:** * Name and location [Reference: Próspera Financial Regulation A, Part 5, Div 14, Sec 1402(b)(1)]. * Names/addresses of owners, directors, and officers [Reference: Próspera Financial Regulation A, Part 5, Div 14, Sec 1402(b)(2)]. * Depository institution details (where transaction account is held) [Reference: Próspera Financial Regulation A, Part 5, Div 14, Sec 1402(b)(3)]. * Estimate of business volume for the coming year [Reference: Próspera Financial Regulation A, Part 5, Div 14, Sec 1402(b)(4)]. 3. **Compliance:** Maintain a list of all authorized agents and make it available to law enforcement upon request [Reference: Próspera Financial Regulation A, Part 5, Div 14, Sec 1403(a)]. ### 3. Final Output * **Registration Status** with the RFSA as a compliant Money Transmitting Business [Reference: Próspera Financial Regulation A, Part 5, Div 14, Sec 1402]. ## 11. Environmental & Hazard Compliance **Process Name:** Hazardous Activity Disclosure **Legal Authority:** *Próspera Hazard Precaution Statute*, Section 4(c); *Próspera Coral Reef Protection Statute*, Section 3. ### 1. Prerequisites & Requirements * **Trigger:** Engaging in any activity that poses a non-speculative risk to health, safety, or the environment (e.g., coral reefs) [Reference: Próspera Hazard Precaution Statute, Section 4(c); Coral Reef Protection Statute, Section 3(a)]. * **Timing:** Disclosure must be made at least once per calendar year OR within **72 hours** of becoming aware of the hazard [Reference: Próspera Hazard Precaution Statute, Section 4(c)]. ### 2. Step-by-Step Workflow 1. **Resident/Entity:** Submits a disclosure to the **Registrar of Personal and Entity Registries** [Reference: Próspera Hazard Precaution Statute, Section 4(c)]. 2. **Content:** * Contact information [Reference: Próspera Hazard Precaution Statute, Section 4(c)(1)]. * Summary of the nature/magnitude of the hazardous activity [Reference: Próspera Hazard Precaution Statute, Section 4(c)(2)]. * Location [Reference: Próspera Hazard Precaution Statute, Section 4(c)(3)]. * Purpose/Goal [Reference: Próspera Hazard Precaution Statute, Section 4(c)(4)]. * Request for confidentiality (if trade secret) [Reference: Próspera Hazard Precaution Statute, Section 4(c)(5)]. 3. **Registrar:** Records the disclosure associated with the person's residency file [Reference: Próspera Hazard Precaution Statute, Section 4(c)]. ### 3. Final Output * **Registered Disclosure** (Mitigates liability if combined with good faith compliance) [Reference: Próspera Hazard Precaution Statute, Section 4]. --- **Process Name:** Hazardous Activity Exemption (Safe Harbor) **Legal Authority:** *Próspera Hazard Precaution Statute*, Section 4(d). ### 1. Prerequisites & Requirements * **Status:** Must be a Regulated Industry Person [Reference: Próspera Hazard Precaution Statute, Section 4(d)]. * **Insurance:** Must maintain mandatory minimum liability insurance [Reference: Próspera Hazard Precaution Statute, Section 4(d)]. ### 2. Step-by-Step Workflow 1. **Entity:** Adopts a regulatory framework (Honduras, Best Practice Peer Country, or Optimal Regulation) [Reference: Próspera Hazard Precaution Statute, Section 4(d)]. 2. **Entity:** Discloses the activity to the Registrar (as above) [Reference: Próspera Hazard Precaution Statute, Section 4(d)]. 3. **Entity:** Demonstrates "Good Faith Compliance" with the chosen framework [Reference: Próspera Hazard Precaution Statute, Section 4(d)]. 4. **Verification (Optional but recommended):** May seek a declaratory action before the **Hazardous Activity Division** of the Default ASP to confirm exemption [Reference: Próspera Hazard Precaution Statute, Section 5(a)]. ### 3. Final Output * **Exemption from Strict Liability** (Safe Harbor status) [Reference: Próspera Hazard Precaution Statute, Section 4(d)]. ## 12. Financial Technology (FinTech) Services **Process Name:** FinTech Registration and Licensure (Standard) **Legal Authority:** *Próspera FinTech Regulation A*, Chapter 2; *RFSA Administrative Action No. 15*. ### 1. Prerequisites & Requirements * **Residency:** Applicant and all C-level managers must be (e)Residents in good standing [Reference: RFSA AA No. 15, Section 5(a)]. * **Insurance:** Must apply for a **Qualified Insurance Policy** (regulatory insurance) [Reference: RFSA AA No. 15, Section 5(b)(iv)]. * **Compliance Certifier:** Engagement of an authorized supplier for legal/audit opinions [Reference: RFSA AA No. 15, Section 3]. ### 2. Step-by-Step Workflow 1. **Phase 1: Initial Assessment:** * Submit "Initial Assessment Application" to the **Roatán Financial Services Authority (RFSA)** [Reference: RFSA AA No. 15, Section 5(b)]. * Include: Prospectus (business model), KYC for management, UBO Disclosure (25%+ owners), and proof of insurance application [Reference: RFSA AA No. 15, Section 5(b)(iii); Section 1(b)(i)]. * Pay Initial Assessment Fee ($1,500 - $2,500 USD) [Reference: RFSA AA No. 15, Section 4(a)]. 2. **Phase 2: Review & Feedback:** * RFSA evaluates the model (15-day window) [Reference: RFSA AA No. 15, Section 5(d)(i)]. * RFSA provides an "Initial Evaluation Notice" with a list of required documents and authorized legal/audit opinion suppliers [Reference: RFSA AA No. 15, Section 5(d)(i)]. 3. **Phase 3: Legal/Audit Opinions:** * Obtain opinions certifying the business model complies with Próspera law (including IP/Copyright) and FinTech regulatory principles [Reference: RFSA AA No. 15, Section 5(d)(i)]. 4. **Phase 4: Final Enrollment:** * Submit the formal registration application with the required opinions and proof of guarantee/bond [Reference: Próspera FinTech Regulation A, Chapter 2, Section 6]. * Pay License Fee ($1,500 - $2,500 USD) [Reference: RFSA AA No. 15, Section 4(b)]. 5. **Phase 5: Issuance:** * RFSA issues the FinTech License and Permit (within 20 business days) [Reference: Próspera FinTech Regulation A, Chapter 2, Section 6(b)]. ### 3. Final Output * **FinTech License** and entry in the Financial Technology Service Providers Registry [Reference: Próspera FinTech Regulation A, Chapter 2, Section 6]. --- **Process Name:** Deferral to Qualified Insurer (Expedited FinTech Path) **Legal Authority:** *RFSA Administrative Action No. 15*, Section 2. ### 1. Prerequisites & Requirements * **Target Market:** Must exclusively serve (e)Residents [Reference: RFSA AA No. 15, Section 2(b)(i)]. * **Volume Limit:** Aggregate funds handled must be <$2,000,000 USD (12-month period) and <$150,000 USD/month [Reference: RFSA AA No. 15, Section 2(b)(iii)]. * **Managerial Status:** C-level personnel must be (e)Residents [Reference: RFSA AA No. 15, Section 2(b)(ii)]. ### 2. Step-by-Step Workflow 1. **Application:** Submit a standard application to the RFSA with proof of a conforming regulatory insurance policy [Reference: RFSA AA No. 15, Section 2]. 2. **Disclaimer:** Ensure all service recipients sign a risk disclosure (16pt font/audio-visual) stating funds are at risk [Reference: RFSA AA No. 15, Section 2(b)(iv)]. 3. **RFSA Review:** RFSA defers to the Qualified Insurer's procedures [Reference: RFSA AA No. 15, Section 2(a)(i)]. 4. **Registration:** Within 15 business days, RFSA issues the license and permit [Reference: RFSA AA No. 15, Section 2(a)(ii)]. ### 3. Final Output * **Expedited FinTech License** (Subject to volume and residency restrictions) [Reference: RFSA AA No. 15, Section 2(a)(ii)]. --- ## 13. Medical Innovation & Health Services **Process Name:** Medical Innovation Permitting (Safe Harbor) **Legal Authority:** *Próspera Medical Innovation and Safety Regulation*, Section 7 & 8. ### 1. Prerequisites & Requirements * **Personnel:** Administered by or under the supervision of a Doctor/Surgeon/Nurse Practitioner qualified in Honduras or a Best Practice Peer Country [Reference: Próspera Medical Innovation and Safety Regulation, Section 7(b)]. * **Insurance:** Obtain Market Security (insurance/bond) specifically covering recklessness/defects [Reference: Próspera Medical Innovation and Safety Regulation, Section 7(a)]. * **Patients:** Must be (e)Residents in good standing [Reference: Próspera Medical Innovation and Safety Regulation, Section 2(l)]. ### 2. Step-by-Step Workflow 1. **Regulatory Election:** Elect to be governed by the Medical Innovation and Safety Regulation [Reference: Próspera Medical Innovation and Safety Regulation, Section 5(a)]. 2. **Disclosure of Risks:** Inform the patient of all material risks of injury/death [Reference: Próspera Medical Innovation and Safety Regulation, Section 8(a)]. 3. **Informed Consent:** Offer the patient a second opinion from an independent professional (Honduran-licensed if the patient is a Honduran national) [Reference: Próspera Medical Innovation and Safety Regulation, Section 8(a)(2)]. 4. **Waiver Execution:** Patient signs a written waiver of negligence (including specific "Próspera Optimal Regulations" language) [Reference: Próspera Medical Innovation and Safety Regulation, Section 8(b)-(d)]. * *Best Practice:* Record a video of the patient giving affirmative assent to the disclosure and waiver [Reference: Próspera Medical Innovation and Safety Regulation, Section 10(a)]. 5. **Record Keeping:** Maintain medical files/waivers for at least **5 years** [Reference: Próspera Medical Innovation and Safety Regulation, Section 8(e)]. ### 3. Final Output * **Safe Harbor Protection** against negligence claims (provided the act was not intentional or reckless) [Reference: Próspera Medical Innovation and Safety Regulation, Section 6(a)]. --- **Process Name:** Comprehensive Health Services Petition **Legal Authority:** *Próspera Health Services Regulation A*, Chapter 2. ### 1. Prerequisites & Requirements * **Scope:** Applies to Alternative Cancer Treatments, Gene/Plasmid Therapies, PTSD/TBI protocols, and Tissue Processing [Reference: Próspera Health Services Regulation A, Chapter 2, Section 1(a)-(j)]. ### 2. Step-by-Step Workflow 1. **Petition:** Submit a petition to the **Próspera Council** (or Health Industry Committee) [Reference: Próspera Health Services Regulation A, Chapter 2, Section 1]. 2. **Evidence of Safety:** Include treatment regulations from a peer jurisdiction (e.g., USA/Honduras) OR protocols approved by an **Institutional Review Board (IRB)** [Reference: Próspera Health Services Regulation A, Chapter 2, Section 1]. 3. **Demonstration:** Prove the ability to comply with joint commission standards or WHO Handbook for Good Clinical Research [Reference: Próspera Health Services Regulation A, Chapter 2, Section 1(a); Section 1(k)]. 4. **Approval:** Council adopts optimal regulatory practices for the specific service [Reference: Próspera Health Services Regulation A, Chapter 2, Section 1]. ### 3. Final Output * **Council Approval** and legal authorization to provide advanced medical services [Reference: Próspera Health Services Regulation A, Chapter 2, Section 1]. --- ## 14. Financial Intelligence & Reporting **Process Name:** Suspicious Transaction Reporting (STR) **Legal Authority:** *RFSA Administrative Action No. 3*. ### 1. Prerequisites & Requirements * **Who:** All Covered Regulated Industry Persons (Financial Institutions, DNFBPs) [Reference: RFSA AA No. 3, Section 1(1)]. * **Trigger:** Suspicion or reasonable grounds to suspect property is proceeds of crime or linked to terrorism [Reference: RFSA AA No. 3, Section 1(1)(a)-(b)]. ### 2. Step-by-Step Workflow 1. **Suspicion Formed:** Entity identifies a suspicious transaction or attempted transaction [Reference: RFSA AA No. 3, Section 1(1)]. 2. **Reporting:** Submit a report to the **Financial Intelligence Unit Liaison (FIUL)** within **3 working days** [Reference: RFSA AA No. 3, Section 1(1)]. 3. **Refrain from Action:** Stop the transaction for **1 business day** after reporting (unless impossible or would frustrate investigation) [Reference: RFSA AA No. 3, Section 1(3)]. 4. **FIUL Order:** If notified by FIUL, suspend the transaction for up to 3 business days [Reference: RFSA AA No. 3, Section 1(3)]. ### 3. Final Output * **Compliance with AML/CTF reporting obligations** [Reference: RFSA AA No. 3, Section 1]. ## 15. Customs & Importation **Process Name:** Authorization for Importation of Goods (Goods in Transit) **Legal Authority:** *ZEDE Organic Law*, Art. 31 & 32; *Legislative Decree 368-2013*; *Legislative Decree 32-2021*. ### 1. Prerequisites & Requirements * **Purpose:** Goods must be for internal use or production within Próspera ZEDE [Reference: Customs Import Authorization Resolution, Preamble]. * **Status:** Imported goods are treated as "merchandise in international transit" [Reference: Legislative Decree 32-2021, Article 2; Customs Import Authorization Resolution, Preamble]. * **Exemption:** Free from national taxes, duties, and tariffs [Reference: ZEDE Organic Law, Article 32]. ### 2. Step-by-Step Workflow 1. **Preparation:** Prepare an "International Customs Declaration Form" or "Certified Manifest" [Reference: Customs Import Authorization Resolution, Preamble]. 2. **Manifest Details:** List Description of Goods, Seller Name/RTN, Value, Buyer (e)Resident Permit No, and Planned Date of Entry [Reference: Customs Import Authorization Resolution, Manifest Section]. 3. **Certification:** Sign a sworn statement accepting civil penalties for fraud if the manifest is found to be materially false [Reference: Customs Import Authorization Resolution, Certification Section]. 4. **Submission:** Submit the manifest to the **Próspera ZEDE Customs Officer** (GSP delegate) [Reference: Customs Import Authorization Resolution, Preamble]. 5. **Issuance:** The Customs Officer issues an "Administrative Measure Authorizing Importation" [Reference: Customs Import Authorization Resolution, Preamble]. 6. **Transit:** Present the authorization to national/local Honduran authorities to permit transit from the port of entry to Próspera ZEDE without delay or tax [Reference: Customs Import Authorization Resolution, Preamble]. ### 3. Final Output * **Certified Import Manifest** and **Customs Authorization** [Reference: Customs Import Authorization Resolution]. --- ## 16. Police & Criminal Prosecution **Process Name:** Criminal Prosecution (Special District Attorney) **Legal Authority:** *Próspera Special District Attorney Resolution*, § 5-1-172-0-0-0-1. ### 1. Prerequisites & Requirements * **Crimes:** Includes Felonies (prison >1 year), Misdemeanors (6-12 months), and Minor Misdemeanors (<6 months) [Reference: Próspera Special District Attorney Resolution, Section 2(d), (f), (g)]. * **Authority:** The **Special District Attorney (SDA)** serves at the pleasure of the **Law Enforcement Committee** [Reference: Próspera Special District Attorney Resolution, Section 4(a)]. ### 2. Step-by-Step Workflow 1. **Investigation:** SDA cooperates with Próspera Police and FIUL to investigate crimes [Reference: Próspera Special District Attorney Resolution, Section 4(c)(vii)]. 2. **Grand Jury (for Misdemeanors/Felonies):** * SDA must obtain authorization to prosecute from a **Grand Jury** [Reference: Próspera Special District Attorney Resolution, Section 4(c)(i)]. * Grand Jury consists of 12 natural person (e)Residents selected at random [Reference: Próspera Special District Attorney Resolution, Section 4(c)(i)]. 3. **Prosecution:** SDA files criminal charges in the name of Próspera [Reference: Próspera Special District Attorney Resolution, Section 4(c)(i)]. 4. **Oversight:** The Law Enforcement Committee monitors compliance with Human Rights and the Resident Bill of Rights [Reference: Próspera Special District Attorney Resolution, Section 2(i); Section 4(c)(v)]. ### 3. Final Output * **Criminal Conviction or Acquittal** via the Próspera judicial system [Reference: Próspera Special District Attorney Resolution, Section 4(c)(i)]. --- ## 17. Specialized Tax Procedures **Process Name:** Electing Bitcoin (BTC) as Unit of Account **Legal Authority:** *Próspera Tax Statute 2019 Practice Note No. 7*, § 6-1-09-28-23-1. ### 1. Prerequisites & Requirements * **Who:** Próspera Legal Entities (organized under Entity Registry Statute) [Reference: Practice Note No. 7, Section 1]. * **Period:** Election is irrevocable for at least the entire calendar year [Reference: Practice Note No. 7, Section 2]. ### 2. Step-by-Step Workflow 1. **Election Notice:** Submit a "BTC Election Notice" to the Tax Commissioner via email (`ots@prosperazede.hn` and `gsp@prospera.hn`) within **30 days** of the start of the tax period [Reference: Practice Note No. 7, Section 2]. 2. **Reporting (Interim Procedure):** * Determine liability in BTC for internal books [Reference: Practice Note No. 7, Section 3(a)]. * Report to Próspera in **USD or Lempira** using the BTC exchange rate at ~1 AM PST on the day of reporting [Reference: Practice Note No. 7, Section 3(a)]. 3. **Payment:** Pay the liability in BTC through the Próspera Trust [Reference: Practice Note No. 7, Section 3(b)]. ### 3. Final Output * **Tax accounting and payment primarily in BTC** [Reference: Practice Note No. 7, Section 1]. --- **Process Name:** Lump Sum Tax Regime Enrollment **Legal Authority:** *Regulation Establishing Lump Sum Tax Regime*, § 3-1-221-0-0-0-1. ### 1. Step-by-Step Workflow 1. **Election:** Taxpayer elects to pay a fixed annual amount in lieu of standard income/business taxes (MFN treatment) [Reference: Regulation Establishing Lump Sum Tax Regime, Section 1 (implied from context of title)]. 2. **Negotiation:** Negotiate the lump sum amount with the Tax Commissioner (based on commercial reasonableness) [Reference: Próspera Tax Statute 2019 Practice Note No. 1]. 3. **Payment:** Pay the annual fee to the Próspera Trust [Reference: Regulation Establishing Lump Sum Tax Regime]. --- ## 18. Human Rights Defense **Process Name:** Challenging Ultra Vires State Acts **Legal Authority:** *Próspera Human Rights Defense Committee Resolution*, § 5-1-215-0-0-0-1. ### 1. Prerequisites & Requirements * **Scope:** State acts involving coercion, violence, or violation of property rights/due process [Reference: Human Rights Defense Committee Resolution, Section 4(c)]. ### 2. Step-by-Step Workflow 1. **Identification:** Identify an unlawful or unconstitutional act by a branch of the national/local government (e.g., attempt to preempt Próspera’s authority) [Reference: Human Rights Defense Committee Resolution, Section 4(d)(1)]. 2. **Petition:** Petition the **Human Rights Defense Committee** [Reference: Human Rights Defense Committee Resolution, Section 4(d)]. 3. **Hearing:** The Committee holds a public hearing (regularly scheduled quarterly or emergency) [Reference: Human Rights Defense Committee Resolution, Section 4(d)]. 4. **Strategic Litigation:** The Committee directs civil or criminal defense in appropriate venues (Honduran or international) [Reference: Human Rights Defense Committee Resolution, Section 4(d)(4)]. ### 3. Final Output * **Legal defense and restoration of rights** protected by the Próspera Charter [Reference: Human Rights Defense Committee Resolution, Section 4(c)]. ## 19. Regulatory Enforcement & Compliance Audits **Process Name:** Regulatory Compliance Audit (Industrial Inspection) **Legal Authority:** *Próspera Enforcement Policy No. 1*, § 6-2-10-18-21-1. ### 1. Prerequisites & Requirements * **Auditors:** Compliance Auditors (inspectors) are retained by the **Próspera Insurance Company (PIC)** [Reference: Enforcement Policy No. 1, Section (1)]. * **Status:** Inspectors are not considered "Regulated Industry Persons" solely for the act of inspecting [Reference: Enforcement Policy No. 3, Section (1)]. ### 2. Step-by-Step Workflow 1. **Inspection Trigger:** PIC or the GSP schedules an annual or ad-hoc safety/regulatory audit of a Regulated Industry Person (e.g., construction site, health clinic) [Reference: Enforcement Policy No. 1, Section (1)]. 2. **Audit Conduct:** The auditor utilizes the "Compliance Audit Report" (Exhibit A) to record the status of compliance with Próspera Statutes (Labor, Hazard, Environment, etc.) [Reference: Enforcement Policy No. 1, Section (1)]. 3. **Reporting:** Auditor reports findings to the GSP and PIC [Reference: Enforcement Policy No. 1, Section (1)]. 4. **Remedial Action (Cease and Desist):** * If noncompliance is found, the GSP issues a **Cease and Desist Notice** (Exhibit B) [Reference: Enforcement Policy No. 1, Section (3)]. * Notice may include **per-diem civil penalties** until the violation is cured [Reference: Enforcement Policy No. 1, Section (3)]. 5. **Sanctions:** Failure to comply with the notice leads to termination of the Agreement of Coexistence, termination of Insurance, or peaceful ejection from the ZEDE [Reference: Enforcement Policy No. 1, Section (4)]. ### 3. Final Output * **Compliance Audit Report** and potential **Remedial Action Order** [Reference: Enforcement Policy No. 1, Exhibits A & B]. --- ## 20. Administrative Services (Notarial & Security) **Process Name:** Obtaining a Notary Public Commission **Legal Authority:** *Próspera Notary Public Commission Policy*, § 6-1-03-20-25-1. ### 1. Prerequisites & Requirements * **Residency:** Must be a natural person with active **Physical Resident** status in good standing [Reference: Notary Public Commission Policy, Section 2]. * **Legal Source:** Based on Delaware common law (as of Nov 30, 2018) via RCLC § 5004 [Reference: Notary Public Commission Policy, Preamble]. ### 2. Step-by-Step Workflow 1. **Application:** Submit the "Application for Notary Public Commission" to the Registrar [Reference: Notary Public Commission Policy, Section 3]. 2. **Vetting:** Registrar (GSP) reviews qualifications and residency status [Reference: Notary Public Commission Policy, Preamble]. 3. **Oath & Ethics:** Applicant agrees to the "Code of Ethics for Notaries Public" [Reference: Notary Public Commission Policy, Section 5]. 4. **Issuance:** Registrar issues the formal Notary Public Commission [Reference: Notary Public Commission Policy, Section 4]. 5. **Registry:** Entry added to the "Official Registry of Notaries Public" within the Personal Registry [Reference: Notary Public Commission Policy, Section 6]. --- **Process Name:** Local Police Backup Grant (Security Coordination) **Legal Authority:** *Security Services Local Police Grant Policy No. 1*. ### 1. Prerequisites & Requirements * **Trigger:** Law enforcement events requiring backup (e.g., in Port of Satuye or Roatán) [Reference: Security Services Policy No. 1, Preamble]. * **Parties:** National Police of Honduras or La Ceiba Police Department [Reference: Security Services Policy No. 1, Operative Text]. ### 2. Step-by-Step Workflow 1. **Entry Permit:** GSP grants temporary entry to national/local police to furnish backup security [Reference: Security Services Policy No. 1, Operative Text]. 2. **Direction:** Police act under the coordination of **Bulldog Security International S.A.** (GSP delegate) [Reference: Security Services Policy No. 1, Operative Text]. 3. **Grant Access:** Police submit a written request for reimbursement of expenses incurred while serving Próspera [Reference: Security Services Policy No. 1, Operative Text]. 4. **Funding:** GSP releases funds from the $10,000 USD replenishable intergovernmental grant [Reference: Security Services Policy No. 1, Operative Text]. --- ## 21. Market-Making Insurance Terms (ILR) **Process Name:** Securing "Insurer of Last Resort" (ILR) Terms **Legal Authority:** *Financial Responsibility Resolution*, § 5-2-91-0-0-0-7; *MMT Policies 1-31*. ### 1. Prerequisites & Requirements * **Scenario:** Used when no private "Qualified Insurer" is willing to offer standard terms [Reference: MMT Policy Preamble]. * **Risk Score:** Requires a risk assessment (A++ through D--) by Próspera Insurance Company [Reference: MMT Policy Operative Text]. ### 2. Step-by-Step Workflow 1. **Inquiry:** Submit a risk scoring questionnaire to the ZEDE Manager (`tgoff@prospera.hn`) [Reference: MMT Policy "Furthermore" Clause]. 2. **Scoring:** PIC delivers a risk score report within **24 hours** [Reference: MMT Policy "Furthermore" Clause]. 3. **Policy Selection:** Select the corresponding Market-Making Term (MMT) policy (e.g., Policy 19 for Recombinant DNA, Policy 30 for Energy Microgrids) [Reference: Specific MMT Policy Number]. 4. **Premium Payment:** Pay the specified annual premium (e.g., $260 USD for standard legal entities, $7,080 USD for specialized health procedures) [Reference: MMT Policy Operative Text]. 5. **Execution:** Named insured joins the **Próspera Insurance Association LLC** and signs the policy [Reference: MMT Policy Operative Text]. ### 3. Final Output * **Qualified Insurance Policy** meeting the mandatory Financial Responsibility requirement [Reference: MMT Policy Operative Text].