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Puerto Rico Services Request Cover Sheet
Category:
State:
Multi-State
Control #:
US-143-AZ
Format:
Word;
PDF;
Rich Text
Instant download
Description
How to fill out Services Request Cover Sheet?
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FAQ
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.
Foreign LLCs only need to file the Certificate of Authorization and pay state fees in order to do business in Puerto Rico.
Hear this out loud PauseFiling and forming an LLC in Puerto Rico requires a $250 filing fee. Under Puerto Rico law, an LLC uses a limited liability company agreement, or LLCA, to govern the internal affairs and administration of the LLC. This is valid regardless of what it is called, but the law says that they must be written.
Puerto Rico offers great tax incentives to LLCs and individuals who move to Puerto Rico, including a 4% income tax and exemptions from paying taxes on capital gains, interest, or dividends (for individuals and businesses that meet the requirements).
A. Corporation (Default Rule for PR LLCs) ? the members of the entity have limited liability. Under the PR Code, corporations are subject to a double taxation regime. Initially, the entity pays income taxes when it realizes profits, subsequently, income taxes are paid when dividends are paid to its members.
Hear this out loud PauseAnnual reports must be filed electronically by accessing the Department of State website at .estado.pr.gov. A $150 annual fee is payable when filing the report. The payment method is a major credit card or any other method provided at the Department of State website.
Hear this out loud PausePuerto 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.
Hear this out loud Pause(a) Service of process shall be made by a marshal or by any person not less than eighteen (18) years of age who can read and write, who is not a party or his attorney and who has no interest in the action.
