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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.
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.
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.
In terms of tax benefits, Puerto Rico is a sunny place for US residents to start a business, especially if they plan to export products out of Puerto Rico to the rest of the world. The Puerto Rico government offers tax incentives to attract US business owners to emigrate to 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.
Application for Registration CostDescriptionDownload$150.00 o 5.00Foreign Corporation - Certificated of Authorization to do businessDownload$150.00Close CorporationDownload$150.00Professional CorporationDownload$110.00Limited Liability SocietyDownload2 more rows
Puerto Rico offers a range of tax benefits that make it attractive to investors, including a flat 4% tax rate on income, 100% tax exemptions on distributions, and an exemption from personal property taxes of 90% for certain types of businesses.