Why Doing Business In Puerto Rico?

Puerto Rico - Commerce Data - TKEG Expat™ (Test)

Commonwealth of Puerto Rico (PR)

TKEG Expat™ (Test) Business Guide

Commonwealth of Puerto Rico

Advantages of the United States Territory:

As a US territory, Puerto Rico provides significant advantages to businesses, including the use of the US dollar, reduced capital transfer costs, fewer bureaucratic procedures, and goods labeled as "Made in the USA".

Significant Tax Incentives:

Puerto Rico offers a range of attractive tax incentives for investors, including a 4% corporate income tax rate, 100% tax-free profit distribution for certain businesses, and a 90% tax exemption on individual property taxes.

Prime Geographic Location:

Situated between the Dominican Republic and the US Virgin Islands, Puerto Rico enjoys convenient access to the Latin American and Caribbean markets. Its close ties to the US also mean regular flights from San Juan's Luis Muñoz Marín International Airport to major US cities.

Excellent Infrastructure:

As a US territory, Puerto Rico boasts better infrastructure than many Latin American countries, including developed roads, schools, hospitals, and public services. Furthermore, the island has infrastructure supporting the import-export economy, primarily through the large container port in San Juan for international trade.

Remarkable Investment Opportunities:

Puerto Rico has a well-prepared industrial base and a robust entrepreneurial ecosystem, making it a growing center for innovation. Multiple accelerator programs and incubators support startups across sectors, attracting significant venture capital investment and fostering a dynamic business community on the island.

About Puerto Rico

Puerto Rico is a US territory offering Act 60 tax incentives with 4% corporate tax for qualifying businesses, no US federal tax on local income, a bilingual workforce, and direct access to US markets.