Blog: Articles to Help You Navigate Puerto Rico
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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 owners maintain LLC compliance for their businesses.
Read MoreJanuary 24, 2020 -
Earthquakes Declared a Major Disaster – Effect on Puerto Rico Presence – Updated March 2, 2020
Earthquakes Declared a Major Disaster – Effect on Puerto Rico Presence – Scroll Down for Update on March 2, 2020 Please note the below article is based on our
Read MoreJanuary 21, 2020 -
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 purposes,
Read MoreDecember 23, 2019 -
What to Do Over the Holidays in Puerto Rico
What to Do Over the Holidays in Puerto Rico It’s the holiday season again, and it’s a lovely time of year to spend quality time with your family and
Read MoreDecember 12, 2019 -
What is the GILTI Tax, and How Does It Affect Non-Resident Export Services Tax Incentive Decree Holders?
Introduced on January 17, 2012, the Puerto Rican Export Services Act, better known as Act 20, was designed to help accelerate the economic recovery of Puerto Rico by attracting new
Read MoreDecember 12, 2019 -
What Permits Are Needed to Operate a Business in Puerto Rico?
What Permits Are Needed to Operate a Business in Puerto Rico? The Top Five Most Common Permits The type of permits a business needs depends on its industry, operation, and
Read MoreDecember 9, 2019 -
Puerto Rico Incentives Code (Act 60–2019) Signed into Law
SAN JUAN, PR, November 8, 2019 – Governor of Puerto Rico, Ricardo Rosselló, signed Act 60–2019, commonly known as the Puerto Rico Incentives Code, into law on July 1, 2019,
Read MoreNovember 11, 2019 -
New Procedures on the Single Business Portal
New Procedures on the Single Business Portal In July 2018, Puerto Rico’s Department of Economic Development and Trade (abbreviated DDEC in Spanish) launched a new digital portal known as
Read MoreOctober 23, 2019 -
Info on the Puerto Rico Treasury’s 7% Tax on Prepared Foods
Info on the Puerto Rico Treasury’s 7% Tax on Prepared Foods Good news for restaurant owners and patrons in Puerto Rico—as of October 1, 2019, the Puerto Rico Treasury has
Read MoreOctober 23, 2019 -
What to Do on Halloween in Puerto Rico
What to Do on Halloween in Puerto Rico Like the mainland, the United States’ Caribbean territory of Puerto Rico also celebrates Halloween, with children donning costumes and knocking on
Read MoreOctober 23, 2019
