Blog
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The Importance of Maintaining LLC Compliance
The Importance of Maintaining LLC Compliance Submitting reports—and especially paying the accompanying fees—is far from the most enjoyable part of running a company, but it is crucial that business
Read MoreJanuary 24, 2020 -
Why Declarations of Domicile and Non-Domicile Are Important when relocating to Puerto Rico
Why Declarations of Domicile and Non-Domicile Are Important when relocating to Puerto Rico If you have moved to Puerto Rico to take advantage of the Act 60 tax incentives,
Read MoreJanuary 15, 2020 -
Earthquakes Declared a Major Disaster – 14 Automatic Days of Puerto Rico Presence
Earthquakes Declared a Major Disaster –14 Automatic Days of Puerto Rico Presence The Puerto Rico Earthquakes have been declared a national disaster by President Trump, and those Act 60
Read MoreJanuary 21, 2020 -
A Guide to Puerto Rico Individual Resident Investor Tax Incentive
A Guide to Puerto Rico Individual Resident Investor Tax Incentive On January 17, 2012, Puerto Rico enacted Act 22, known as the “Individual Investors Act”. This Act was designed
Read MoreMay 15, 2018 -
A Guide to Puerto Rico Export Services Tax Incentive – For Businesses
A Guide to Puerto Rico Export Services Tax Incentive – For Businesses On January 17, 2012, Puerto Rico enacted Act 20, known as the “Export Services Act”. This Act was
Read MoreMay 15, 2018 -
15 Things to Know Before Moving to Puerto Rico
Editor’s note 7/15/19: There are major changes coming to Act 20/22 for applications submitted after 12/31/19; you can read about those changes here. 15 Things to Know Before Moving to Puerto
Read MoreAugust 2, 2018 -
Determining a Salary for Export Services Businesses
Determining a Salary for Export Services Businesses Determining wage compensation for Act 20 officer-owners has been problematic in the past since many officer-owners also benefit from tax distribution benefits. This
Read MoreMay 15, 2018 -
The Withholding Requirements for Independent Contractors
The Withholding Requirements for Independent Contractors In general, companies or individuals in Puerto Rico paying for services rendered must withhold a certain percentage of the amount paid for tax
Read MoreDecember 23, 2019 -
The Process to Purchase a Used Car in Puerto Rico
The Process to Purchase a Used Car in Puerto Rico We already outlined in a previous post the process of obtaining a driver’s license in Puerto Rico. To accompany
Read MoreDecember 12, 2019 -
Local Holiday Shopping Guide for Puerto Rico
Local Holiday Shopping Guide for Puerto Rico The holidays are approaching fast, so if you have not yet started your holiday shopping, you should do so soon. If you
Read MoreDecember 11, 2019
