Puerto Rico Sample Letter regarding Articles of Incorporation - Completion of Minutes
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How to fill out Sample Letter Regarding Articles Of Incorporation - Completion Of Minutes?
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FAQ
What's required to register a foreign corporation in Puerto Rico? $150 filing fee ($250 if filing online or in person) Certificate of Good Standing from your home state. Internet access (the best and easiest way to file in Puerto Rico is on the Department of State's website)
Puerto Rico Business Taxes No income tax on dividends and interest. No capital gains tax. Fixed income tax rate of 4 percent on income gained from export services. No property tax for the first five years (Only 10% of the usual property tax rate afterwards) 60% reduction of the municipal tax rate.
Yes, corporations can be classified into domestic and foreign corporations, and into for-profit and not-for-profit corporations. Domestic Corporations - Corporations created under the Puerto Rico General Corporation Law. That is, they are corporations under the laws of Puerto Rico.
How to Incorporate in Puerto Rico. To start a corporation in Puerto Rico, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Certificate of Incorporation with the Department of State. You can file online or by mail. The certificate costs $150 to file.
Tax Free First Year: Puerto Rico offers a tax deduction of 100% on real estate and personal property taxes during the first-year of operations. One Shareholder: A minimum of only one shareholder is allowed for Puerto Rico corporations. No Authorized Capital: There is no authorized minimum capital requirement.
Puerto Rico LLC Cost. The initial cost to start an LLC in Puerto Rico is $250 to register your business with the Department of State. After that, you'll have a yearly recurring cost of $150 for your Annual Fee, which keeps your LLC current with the state.
The initial cost to start an LLC in Puerto Rico is $250 to register your business with the Department of State. After that, you'll have a yearly recurring cost of $150 for your Annual Fee, which keeps your LLC current with the state.
You'll then need to file a Certificate of Dissolution with the Government of Puerto Rico's Registry of Corporations and Entities. The form can be filed online, in person, or by mail. The certificate must include the following information: The name of the LLC.
