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Puerto Rico Business Taxes No income tax on dividends and interest. No capital gains tax. Fixed income tax rate of 4 percent on income gained from export services. No property tax for the first five years (Only 10% of the usual property tax rate afterwards) 60% reduction of the municipal tax rate.
Application for Registration CostDescriptionDownload$150.00Stock CorporationDownload$5.00Non-Stock CorporationDownload$150.00 o 5.00Foreign Corporation - Certificated of Authorization to do businessDownload$150.00Close CorporationDownload2 more rows
How to draft a contract between two parties: A step-by-step checklist Check out the parties. ... Come to an agreement on the terms. ... Specify the length of the contract. ... Spell out the consequences. ... Determine how you would resolve any disputes. ... Think about confidentiality. ... Check the contract's legality. ... Open it up to negotiation.
An agreement is made when two parties agree to something. So, for example, a mother might make an agreement with her son not to kiss him in public because, after kindergarten, well, that's just not cool. If people's opinions are in , or match one another, then they are in agreement.
Business name and registration Register your business name with the local government where your business is located. If you are a corporation, you will also need to register with the Department of State in Puerto Rico, or with the Department of Corporations and Trademarks in the U.S. Virgin Islands.
The property must be owned by the Individual Investor as sole owner or together with the spouse; and. File an Annual Report with the Government of Puerto Rico with a filing fee of $5,000.
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.
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. We recommend a written LLCA that is signed by all members.