While business opportunities govern a foreign corporation's decision to do business in Puerto Rico, the structuring of its foreign operations is one of the  weightiest decisions which can provide the business with various tax planning opportunities.  Some of the structures available to a corporation contemplating doing business in Puerto Rico are: 

Domestic Corporation or Partnership
Foreign Branch
Foreign Subsidiary
Special Partnership
Corporation of Individuals
Sole Proprietorship

The structures are not mutually exclusive and may be used in various combinations given in a particular market.  We will gladly assist you in determining and implementing the structure that is most advantageous for you.

Corporate and Incoming Taxes

Income Tax Return Registration and Licensing Annual Corporation Report

Municipal License Tax Property Taxes Excise Taxes

 

Payroll Taxes
Payroll Related Expenses for the Labor Employed by a Company Operating in Puerto Rico

The different labor related expenses of a company operating in Puerto Rico consists of the Federal Insurance  Contributions Act (FICA), the Federal Unemployment Tax Act (FUTA), the Puerto Rico unemployment and disability taxes, chauffeur's social security, and the Puerto Rico workmen's compensation insurance.

FICA FUTA Puerto Rico Unemployment Tax Disability Benefits Tax

Chauffeur's Social Security Workmen Accident Compensation Insurance Income Tax Withheld Christmas Bonus Summary of Payroll Taxes

Withholding Taxes

Annual Informative Returns Withholding to Nonresident Recipients Withholding to Resident Recipients