Doing Business in Puerto Rico
While business opportunities govern a foreign corporation's decision to do business
in Puerto Rico, the structuring of its foreign operations is one of the weightiest
decisions which can provide the business with various tax planning opportunities.
Some of the structures available to a corporation contemplating doing business in
Puerto Rico are:
The structures are not mutually exclusive and may be used in various combinations
given in a particular market. We will gladly assist you in determining and implementing
the structure that is most advantageous for you.
Corporate and Incoming Taxes
Payroll Related Expenses for the Labor Employed by a Company Operating in Puerto
The different labor related expenses of a company operating in Puerto Rico consists
of the Federal Insurance Contributions Act (FICA), the Federal Unemployment Tax
Act (FUTA), the Puerto Rico unemployment and disability taxes, chauffeur's social
security, and the Puerto Rico workmen's compensation insurance.
2013 Modifications to Income and Sales Taxes Regimes