Private Equity incentive
By promoting this investment vehicle used by investors around the world, Act No. 185 promotes the creation of jobs for professionals in the field of securities and financial business in Puerto Rico, as well as the development of the securities industry on the Island.
Incentive for Financial Institutions (Act. No. 273)
Regulates the organization and operation of international financial institutions authorized by the Office of the Commissioner of Financial Institutions to operate in Puerto Rico, and grants tax exemption decrees, among other benefits.
Incentive for International Insurers and Reinsurers (Act. No. 399)
The law allows companies to organize a captive insurance in Puerto Rico and may incorporate a holding company for the interest in another company. Tax exemptions for insurers that qualify for an international insurer license are 100% exempt on all income, including liquidation and dissolution of its operations in Puerto Rico.
Incentive for Young Entrepreneurs
Act No. 135 was established for hard working young adults within the ages of 16 to 35. The subsections of this Act grants tax exemption for individuals (from ages 16 to 26 making under $40,000) and new business (from ages 16 to 35 until $500,000).
Tourism Development Incentive (Act. No. 74)
Offered through the Puerto Rico Tourism Company, this law provides incentives for the development of a world-class tourist industry. Act 74 is most commonly used by large hotel projects.
Renewable Energy Incentive (Act. No. 83)
Establishes standards to promote renewable energy, in accordance with short, medium and long-term compulsory targets, known as the Renewable Energy Portfolio.