Professional of Difficult Recruitment, formerly Act 14
Businesses that require professionals whose recruitment is difficult will be exempt from the payment of income tax, including the alternate basic tax, for the wages and benefits above $100,000 to these professionals. The person should be a resident of Puerto Rico (or will become a resident) with a full-time job, whose talent is indispensable, and who brings specialized knowledge for the operations of an exempt business. The salary income of this full-time indispensable employee will be subject to the payment of income taxes up to the first $100,000. They will be exempt from the $10,000 annual contribution to non-profit entities.
View our White Paper on Professionals of Difficult Recruitment for additional information.