Puerto Rico Franchises For Sale
The U.S. territory of Puerto Rico is very welcoming to businesses, thanks to its generous tax rules. Act 20 (the Export Services Act) and Act 22 (the Individual Investors Act) are the latest tax incentives the island offers to entrepreneurs to establish their small business in this island paradise. [source]
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Facts About Puerto Rico
| Capital: | San Juan |
| Year of Statehood: | 1521 |
| Largest Cities: | San Juan, San Juan, Carolina |
| Motto: | John is his name. |
| Nickname: | Island of Enchantment |
Business Potential Abounds in Puerto Rico
- Puerto Rico's personal income tax rate is fixed at only 4%. (source)
- There is 0 dividend income and capital gains taxes in Puerto Rico. (source)
- Puerto Rico offers a 90% personal property tax exemption for certain industries. (source)
- Some startup businesses in Puerto Rico receive a 100% property tax exemption during their first 5 years.
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