TKEG Expat ™ Puerto Rico Business Info
About Puerto Rico
Puerto Rico is a US territory offering Act 60 tax incentives with 4% corporate tax for qualifying businesses, no US federal tax on local income, a bilingual workforce, and direct access to US markets.
Tax Info
Enter Dynamic PageGeneral CIT Rate
37.5 (i.e. 18.5% plus an additional tax of 19% on income over $275,000).
CIT Return Due Date
Regular companies - within the first 15 days of the fourth month after the end of their tax year. Tax-exempt businesses - within the first 15 days of the sixth month after the end of the tax year.
CIT Payment Due Date
Regular companies - within the first 15 days of the fourth month after the end of their tax year. Tax-exempt businesses - within the first 15 days of the sixth month after the end of the tax year.
CIT Estimated Payment Due Date
Ordinary companies - equal installment payments on the 15th day of the fourth, sixth, ninth, and twelfth months of the company's tax year. Tax-exempt businesses - the first and second installments can be jointly paid on the 15th day of the sixth month of the company's tax year.
Resident Withholding Tax (Dividend/Interest/Royalty)
N/A
None-Resident Withholding Tax (Dividend/Interest/Royalty)
10/29/29
General VAT Rate
11.5
General Capital Gain Tax Rate
20
Belonging Jurisdiction
GUS - Greater U.S. Area
Greater United States Area
NAFTA - USMCA (formerly NAFTA)
United States-Mexico-Canada Agreement
PR - Puerto Rico
Commonwealth of Puerto Rico
WORLD - Global
Earth