Select Page
Puerto Rico Municipal Taxes

Puerto Rico Municipal Taxes

by

Businesses in Puerto Rico are normally subject to payment of municipal license taxes. For non-financial businesses, such tax may be as high as 0.5% (1/2 of 1%) of the volume of business (defined as gross receipts) received or accrued during the year. The maximum rate...
Puerto Rico Sales & Use

Puerto Rico Sales & Use

by

Sales and Use Taxes (SUT) A Sale and Use Tax of eleven and a half percent (11.5%) (SUT) applies on sales of tangible personal property, taxable services, admission rights and combined transactions, subject to certain exclusions and exemptions. Designated professional...
Puerto Rico Business | Startup compliance

Puerto Rico Business | Startup compliance

by

Start Up New Business in Puerto Rico A newly organized or registered business in Puerto Rico must comply with the requirements of different government agencies. Registration and Authorization Before conducting business locally, all corporations or limited liability...
Puerto Rico Business | Startup compliance

Doing Business in Puerto Rico

by

Puerto Rico has a lot to offer for businesses such as professional environment and tax benefits, because of which thousands of foreign investors have set up their ventures here. This white paper has requirements and taxes information for use by non-residents on doing...