Act 20 -The Act provides tax exemption and tax credits to businesses engaged in eligible activities in Puerto Rico. To avail from such benefits, a business needs to become and exempt business by applying for a tax concession and obtaining a tax exemption decree.
Act 22 - The Act provides tax exemptions to eligible individuals residing in Puerto Rico. To avail from such benefits, an individual needs to become a resident of Puerto Rico and apply for a tax exemption decree.
For more information and applications visit: www.elnuevopr.com
Work barefoot in front of the beach, enjoy going to work in your golf cart, no rush...you are in Paradise!