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Ready to Start a Business in Puerto Rico? Pick a Business Structure. Name Your Business. File Formation Paperwork. Draft Internal Records. Get Puerto Rico Business Licenses. Get Business Insurance. File a Puerto Rico Annual Report. Build Your Business Website.
If your LLC is taxed as a Puerto Rico corporation, you'll need to pay corporate income tax. Puerto Rico's corporate tax rate is 37.5%. However, under the Puerto Rico Incentives Code (Act 60), businesses based in Puerto Rico only need to pay a 4% corporate income tax on goods and services exported from the commonwealth. Puerto Rico LLC Taxes - Northwest Registered Agent northwestregisteredagent.com ? llc ? taxes northwestregisteredagent.com ? llc ? taxes
From catering to cruise passengers to operating rum distilleries, Puerto Rican small businesses can form an LLC to protect their owners' personal assets from liabilities incurred by the business. Form an LLC in Puerto Rico or Delaware - IncNow incnow.com ? puerto-rico incnow.com ? 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. Incorporate in Puerto Rico | Do Business The Right Way Northwest Registered Agent ? corporation Northwest Registered Agent ? corporation
You will need to follow these five key steps when you incorporate a business in Puerto Rico: Reserve the name of the business you wish to incorporate in Puerto Rico. ... Appoint a legal representative. ... Establish the company bylaws. ... Register the company. ... Open a corporate bank account.
$250 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. Cost to Start a Puerto Rico LLC - Northwest Registered Agent northwestregisteredagent.com ? llc ? cost northwestregisteredagent.com ? llc ? cost