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Get Puerto Rico Business Licenses. ing to the PR Department of Economic Development and Commerce, anyone doing business in Puerto Rico?including sole proprietors?must obtain a Merchant's Registry Certificate from the PR Treasury Department.
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.
Business opportunities in Puerto Rico ready for investment Manufacturing. Puerto Rico's highly-developed industrial base means it is an ideal location for establishing manufacturing operations. ... Import/Export. ... Tourism. ... Real Estate.
The Puerto Rico Codes 2018 and the 2018 International Codes® (I-Codes®) provide minimum requirements to safeguard the public health, safety and general welfare of the occupants of new and existing buildings and structures.
By default, Puerto Rico LLCs are taxed as corporations. However, both single-member LLCs and multi-member LLCs in Puerto Rico can opt to be taxed as partnerships instead.
In general, the island is an affordable and welcoming place to start a business. There are several resources available to help entrepreneurs start their businesses, including the Business Bank of Puerto Rico, the Puerto Rico Small Business Development Center, and the Puerto Rico Chamber of Commerce.
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.