Our Services
We provide legal support and counseling to small and medium-sized business owners, entrepreneurs, as well as health professionals, including physicians and dental surgeons (dentists, periodontists, endodontists, etc.). Our mission is to empower our clients with clear guidance, protect their interests, and help them achieve success in their projects through well-designed legal strategies and personalized solutions that meet their specific needs. We focus on supporting the business growth of small and medium-sized enterprises in Puerto Rico, and we are committed to excellence. Our goal is to continue contributing to Puerto Rico's economic development by providing legal support to the new generation of Puerto Rican entrepreneurs.
PR Incentives and Tax Law
We offer comprehensive legal counseling and services for Puerto Rico's Act 60 Incentives, guiding you or your business through the entire application process. Whether you’re launching a new venture or expanding an established business, we ensure you apply for all eligible incentives under the Act.
To qualify for Act 60 Incentives, an entity engaged in export commerce must derive at least 80% of its gross income from such activities.
4% Income tax rate of on net income derived from the exempt operation for exempt businesses with business volumes of over $3 million.
If the business volume is $3 million or less, the income tax rate on net income from the exempt operation is 2% for five years, and 4% thereafter.
Distributions of dividends or profits generated by the exempt operation are 100% exempt from Puerto Rico income tax.
75% exemption from personal and real property taxes for exempt businesses with a business volume of over $3 million. For businesses with a business volume of $3 or less, the property tax exemption is 100% for five years, and 75% thereafter.
50% municipal license tax exemption for exempt businesses with a business volume of over $3 million.
100% municipal license tax exemption for the first five years for exempt businesses with a business volume of $3 million or less, and 50% thereafter.
Other key benefits of Act 60 Incentives for Young Entrepreneurs, Young Physicians, and Dental Surgeons include:
A 100% income tax exemption for the first $40,000 earned by the young entrepreneur between the ages of sixteen (16) and twenty-six (26) years old, from wages and other compensation for personal services rendered.
A 100% income tax exemption on the first $500,000 of net income generated by the young entrepreneur's new business during the first three (3) years of operations.
A 100% exemption on the young entrepreneur's new business's personal property taxes during the first three (3) years of operations.
A 100% exemption on municipal taxes during the first three (3) years of operations of the young entrepreneur's new business.
Net income over $500,000 and any dividend distributions from the new business to its owners will be subject to the regular tax rates applicable under the Code.
Insurance Law
Pre-litigation and Litigation. We offer comprehensive legal assistance for both residential and commercial first-party property and business interruption insurance claims. Our team is experienced in handling a wide range of loss types, including:
Hurricane damage
Flooding
Earthquake damage
Business interruption
Fires
Whether you're in the early stages of a claim or facing a legal dispute, we are here to guide you through every step of the process.
Contracts, Corporate Law and Lobbying
We incorporate new businesses and entities, and offer comprehensive services that include the drafting of operating agreements, contracts, and bylaws. Our goal is to ensure your business is fully equipped with all the necessary documentation and permits to operate legally in Puerto Rico and internationally. Our services include:
Drafting and preparing operating agreements, contracts, and bylaws tailored to your business needs.
Assisting in the preparation and acquisition of all required documentation for legal business operations in Puerto Rico.
Securing all permits and licenses necessary for compliance with local and international regulations.
Filing Beneficial Ownership Information (BOI) Reports in accordance with regulatory requirements.
In addition, we offer professional lobbying services to support your business ventures and help navigate the legal landscape with confidence.
