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Export Trade and Hubs, formerly Act 20

For purposes of this incentive, an eligible business is any entity with a bona fide office or establishment located in Puerto Rico that exports its products or services with no less than 80% of gross income on eligible activities. This incentive offers on the net income of the eligible activity, numerous tax benefits such as 4% preferential tax, 0% on federal tax, 100% tax exemption on dividends or profit distributions and 75% on property tax to name just a few. The income generated from eligible activities carried out in Vieques and Culebra will enjoy an exemption decree that will have a term of 15 years with a possible renegotiation of 15 additional years.

Our White Paper on Export Trade and Hubs Chapter 3 Subtitle B of the new code (formerly Act 20) summarizes the key concepts of this incentive and describes all the tax benefits that may be available for eligible businesses.

To download the White Paper, please complete this form…

Date and time pending availability in TorresCPA