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Puerto Rico Act 20 & Act 22 Tax Incentives

Puerto Rico Act 20 & Act 22 Tax Incentives

Puerto Rico Act 20 and Act 22 tax incentives offer many benefits to minimize your personal and corporate taxes. There are also some key requirements to keep in mind when moving to Puerto Rico for Act 20 and 22.

July 11, 2017 By PR Business Link

Puerto Rico Act 20 - The Export Services Act

Puerto Rico Act 20 - The Export Services Act

Act 20, The Export Services Act, provides reduced corporate tax rate as well as tax exemption on dividends to eligible service-related businesses.

July 11, 2017 By PR Business Link

Puerto Rico Act 20/22 Infographic

Puerto Rico Act 20/22 Infographic

Your guide to the steps involved in moving to Puerto Rico for Act 20 & 22. This infographic shows you the typical steps for getting your decree, moving your company, and moving your personal life to Puerto Rico.

November 22, 2016 By PR Business Link

Recent Articles

Act 20 & Act 22 Amendments - July 2017

Act 20 & Act 22 Amendments - July 2017

in Puerto Rico Act 22, Puerto Rico Act 20

Act 20 and Act 22 amendments have been signed into law by the governor of Puerto Rico on July 11, 2017. New applications for Act 20 will not be subject to the employee requirement and new Act 22 decree holders must donate $5000 to charity annually.

Residency Requirements for Export Services

Residency Requirements for Export Services

in Business in Puerto Rico, Puerto Rico Act 20

Not sure how your trip to the U.S. will affect your tax decree? Keep in mind that Act 20 export services must be performed from Puerto Rico to benefit from the tax incentive.

Notaries in Puerto Rico

Notaries in Puerto Rico

in Business in Puerto Rico

You will at various times in the life of your Act 20 and/or Act 22 decree, or as resident of Puerto Rico, need to have documents notarized. This should be a simple task that can be done quickly at any notary office, usually without an appointment

IRS Form 8898 for Puerto Rico Residents

IRS Form 8898 for Puerto Rico Residents

in Moving to Puerto Rico, Tax-related

As a new resident of Puerto Rico you will need to inform the IRS of your move and becoming a bona fide resident of the territory. This is done with IRS Form 8898 and includes a range of questions about your move and income.


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