Tag: Incentives

Ley 135 para Jóvenes Empresarios

Serie de Herramientas para Crecimiento Comercial La Ley 135 para Jóvenes Empresarios del 2014 (“Ley 135”) tiene como propósito agilizar y facilitar la creación de nuevas empresas por jóvenes residentes en Puerto Rico. Con esta ley, el Gobierno de Puerto Rico busca fortalecer la base empresarial local en Puerto Rico. Incentivos disponibles: 100% de exención total de

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Get the most from Puerto Rico!

Get the most from Puerto Rico!

Competitive, Exciting, and Sophisticated. Puerto Rico is an ideal investment destination where economic innovation, pioneering incentive programs, and global strategic positioning converge with a better way of life. Newcomers to the island can benefit from 4% corporate tax rates, access to high-performing human capital, to top-notch facilities minutes away from the world’s best beaches.

Incentive Power Bundle:
• 4% fixed income tax rate on income related to the export of services1
• 100% tax exemption on income tax rate from dividends or profit distributions1
• 50% tax credit for research and development (R&D) on all payments to Puerto Rico resident companies and individuals2
• 40% tax credit for film production on all payments to Puerto Rico resident businesses and individuals3

In an innovative business world, Puerto Rico is ready for the challenge of emerging sectors and showing that the island of enchantment has the perfect formula to make businesses grow. The Island’s unique relationship with the United States provides your corporation with all the benefits afforded for a U.S. Jurisdiction, without federal taxation.

Contact us to coordinate a free consult to learn more about the incentives.

Dedicated Support

At Puerto Rico Incentives, we provide you with the advice, knowledge, and connections needed to implement your company’s growth plans. As our client, you are assigned an Advisor who is your dedicated point of contact for all our services. The Advisor will be your main liaison with the government agencies and external partners, as needed. Our offering starts determining your company’s eligibility for the incentives programs, assisting with applications process, and offering regulatory assistance.

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GoGlobal from Puerto Rico!

2017 DuartePino Planning Series Competitive, Exciting, and Sophisticated. Puerto Rico is an ideal investment destination where economic innovation, pioneering incentive programs, and global strategic positioning converge with a better way of life. Newcomers to the island can benefit from 4% corporate tax rates, access to high-performing human capital, to top-notch facilities minutes away from the

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Tools for Business Growth

Tools for Business Growth

Government Incentives for Young Entrepreneurs, SMEs and Export Services
February 2, 2016

Government incentives as part of a strategic plan can be useful tools for business growth. With a new economic reality, Puerto Rico offers an aggressive incentive package to foster entrepreneurship and connect local companies with the global economy. Three incentives are leading the way:

Young Entrepreneurs

0% fixed income tax rate up to $500,000 in gross income
100% tax exemption on personal and real property taxes
100% tax exemption on municipal license taxes
3-year tax decree

This Incentive is available for entrepreneurs between the ages of 16 and 35 years old. The evaluation of applications to receive the incentives and benefits here described are subject to the dispositions applicable under the law and regulations. Contact us to get advised on how to integrate this incentive into your plans for business growth. Act 135 of 2014.

New Small & Medium Enterprises (SMEs)

5% fixed income tax rate for 1st year, 2nd year: 10% and 3rd year: 15%
50% reimbursement of the federal minimum salary ($3.63 per hour) up to 15 employees for 12 months.
50% tax exemption on personal and real property taxes, municipal license taxes and on policy costs with the State Insurance Fund Corporation
3-years tax decree

Other benefits and requirements for Existing SMEs and SMEs with Net Operating Losses. The evaluation of applications to receive the incentives and benefits here described are subject to the dispositions applicable under the law and regulations. Contact us to get advised on how to integrate this incentive into your plans for business growth. Act 120 of 2014

Act 20 for Export Services Companies

4% fixed income tax rate on income related to the export of services
100% tax exemption on income tax rate from dividends or profit distributions
90% tax exemption on personal and real property taxes
60% tax exemption on municipal license taxes
20-year tax decree, renewable for an additional 10-year period

This incentive is also available for Local Companies with plans to export services. The evaluation of applications to receive the incentives and benefits here described are subject to the dispositions applicable under the law and regulations. Contact us to get advised on how to integrate this incentive into your plans for business growth. Act 20 of 2012

Other Tools for Growth

Puerto Rico also offers other complementary incentives for Manufacture, Tourism, Financial Services, Insurance, Researchers and Individual Investors, among others sectors.

Every tax incentive granted constitutes a contract with the government of Puerto Rico that is legally guaranteed and protected by United States law. It is important to point out that Puerto Rico operates as a Foreign Tax Structure, where federal income taxes doesn’t apply. It works with the Controlled Foreign Corporation (CFCs) tax treatment, in which federal income taxes are differed until repatriation of profits.

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Incentives for Small and Medium-Sized Enterprises (SMEs)

Tools for Business Growth

Incentives for Small and Medium Sized Enterprises (SMEs)
February 2, 2016

Government incentives as part of a strategic plan can be useful tools for business growth. With a new economic reality, Puerto Rico offers an aggressive incentive package to foster entrepreneurship and connect local companies with the global economy. This incentive is leading the way:

New Small & Medium Enterprises (SMEs)

5% fixed income tax rate for 1st year, 2nd year: 10% and 3rd year: 15%
50% reimbursement of the federal minimum salary ($3.63 per hour) up to 15 employees for 12 months.
50% tax exemption on personal and real property taxes, municipal license taxes and on policy costs with the State Insurance Fund Corporation
3-years tax decree

Other benefits and requirements for Existing SMEs and SMEs with Net Operating Losses. The evaluation of applications to receive the incentives and benefits here described are subject to the dispositions applicable under the law and regulations. Act 120 of 2014

Contact us to get advised on how to integrate this incentive into your plans for business growth.

Puerto Rico also offers other complementary incentives for Export Services, Manufacture, Tourism, Financial Services, Insurance, Researchers and Individual Investors, among others sectors.

Every tax incentive granted constitutes a contract with the government of Puerto Rico that is legally guaranteed and protected by United States law. It is important to point out that Puerto Rico operates as a Foreign Tax Structure, where federal income taxes doesn’t apply. It works with the Controlled Foreign Corporation (CFCs) tax treatment, in which federal income taxes are differed until repatriation of profits.

Read more.

Act 20 Incentives for Export Services

Tools for Business Growth Government incentives as part of a strategic plan can be useful tools for business growth. With a new economic reality, Puerto Rico offers an aggressive incentive package to foster entrepreneurship and connect local companies with the global economy. Act 20 is leading the way: Export Services Companies 4% fixed income tax

Read more.

Incentives for Young Entrepreneurs

Incentives for Young Entrepreneurs

Tools for Business Growth
February 2, 2016

Government incentives as part of a strategic plan can be useful tools for business growth. With a new economic reality, Puerto Rico offers an aggressive incentive package to foster entrepreneurship and connect local companies with the global economy. This incentive is leading the way:

Young Entrepreneurs

0% fixed income tax rate up to $500,000 in gross income
100% tax exemption on personal and real property taxes
100% tax exemption on municipal license taxes
3-year tax decree

This Incentive is available for entrepreneurs between the ages of 16 and 35 years old. The evaluation of applications to receive the incentives and benefits here described are subject to the dispositions applicable under the law and regulations. Act 135 of 2014

Contact us to get advised on how to integrate this incentive into your plans for business growth.

Puerto Rico also offers other complementary incentives for Export Services, Manufacture, Tourism, Financial Services, Insurance, Researchers and Individual Investors, among others sectors.

Every tax incentive granted constitutes a contract with the government of Puerto Rico that is legally guaranteed and protected by United States law. It is important to point out that Puerto Rico operates as a Foreign Tax Structure, where federal income taxes doesn’t apply. It works with the Controlled Foreign Corporation (CFCs) tax treatment, in which federal income taxes are differed until repatriation of profits.

Read more.