Application Process » Act 20 – Individual Investors Act

Application Process » Act 20 – Individual Investors Act

1 year ago 22

Learn about Puerto Rico and about Act 20 » Individual Investors Act Choose the legal entity that will apply for the Act 20 incentives. Most applicants choose to apply through a Puerto Rico registered legal entity, though this is not required. If you want to create a Puerto Rico corporation, you may do so through the website of the Department of State of the Government of Puerto Rico. Application for the Act 20 Incentives – After selecting a legal entity, you may download and fill-out the Application. It is available here: Application (.PDF) Notarization – All Applications must be notarized. If the notarization takes place outside of Puerto Rico, you must also include evidence regarding the authority of the notary to administer oaths, such as a county clerk’s certificate or similar document. Filing Fee – All Applications must include the relevant filing fee, which is $750.00 for new cases. The filing fees can only be paid by Certified Check, Manager’s Check or Money Order to the

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Application Process – Act 22 – Individual Investors Act

1 year ago 21

Learn about Puerto Rico and about Act 22. Here – Eligibility – To be eligible for the Act 22 incentives, you must not have been a resident of Puerto Rico at any time during the 15-year period preceding the effective date of Act 22, which period would be from January 16, 1997 through January 16, 2012. – Residence in Puerto Rico – If you are eligible, you must be a new resident of Puerto Rico at the time of the Application, or intend to become a resident of Puerto Rico within one (1) year of the Application. – Application for the Act 22 Incentives – Download and fill-out the two-page Application, which is available here: Application – Notarization – All Applications must be notarized. If the notarization takes place outside of Puerto Rico, you must also include evidence regarding the authority of the notary to administer oaths, such as a county clerk’s certificate or similar document. – Submit Application – After completing your Application, submit a

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