"Whenforming a corporation, business owners need to file for a "certificate of incorporation" (sometimes referred to as "articles of incorporation") to register their company with the state.
(It is a legal document serving as a formal record of a company's formation.)"
Puerto Rico Certificate of Incorporation
Category:
State:
Multi-State
Control #:
US-ENTREP-0072-1
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Certificate Of Incorporation?
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FAQ
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.
Limited Liability Companies Although a Puerto Rico LLC is automatically treated as a corporation for US federal income tax purposes, it may elect to be treated as a partnership or disregarded entity, as applicable. This election is accomplished through the filing of Form 8832 with the IRS.
How to create a successful annual report Summarize your business profile. Provide detailed company's financial position and statements. Include an overview of the company's operational performance. Make annual reports authentic by including challenges. Add your progress on corporate social responsibility.
Annual reports: This type of report is the most important type. They describe to a CEO , major investors and others with authority over your project whether you have a suitable project budget and whether a project is worth continuing.
A typical annual report for a public company must have the following sections: A letter from the CEO. Corporate financial data. Operations and impact. Market segment information. Plans for new products. Subsidiary activities. Research and development activities.
Annual 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.
A Puerto Rico LLC taxed as a Corporation of Individuals is taxed as a pass-through entity and doesn't pay corporate income tax, making it similar to a partnership. However, unlike a partnership, a corporation of individuals can make distributions to its members that aren't subject to US self-employment taxes.
Filing Your Puerto Rico Annual Report The Puerto Rico Annual Report must be submitted online through the Government of Puerto Rico website. On the state website, go to the Registry of Corporations and Entities ? Annual Report page. Enter your business name in the search box.