The purpose of the Incentives and Financing for Young Entrepreneurs Act is to expedite and facilitate the creation of new businesses by young residents of Puerto Rico.
 
Available incentives:
Income tax exemption for young people from 16 to 26 years old on the first $ 40,000 of gross income generated by salaries, services rendered and / or self-employment;
Total exemption of contribution on income, municipal patent and contribution on movable property to the New Businesses established by young people from 16 to 35 years old on the first $ 500,000 of gross income generated during the first three years of operation;
Program for financing and for Venture Capital Venture (Venture Capital) with the BDE for young entrepreneurs;
Preferential income from properties of PRIDCO and the Land Authority;
Speedy process for the granting of permits and certifications.
 
What does our service include?
 
Application for incentives under the law 135-2014.
Certification of filing returns with the Department of the Treasury.
Certification of Debts before the Department of the Treasury.
Certification of Filing Returns of the IVU before the Department of the Treasury.
Certification of IVU debts before the Department of the Treasury.
Certification of Debts before the Administration for the Support of Minors (ASUME).
Negative Certification of CRIM's Property and Personal Property Debts.
 
What should the client provide?
 
Be between 16 and 35 years old.
 
Complete information, both personal and business or office.
Copy of identification with photo.
Birth certificate.
High school or university diploma.
Certificate of Incorporation, if incorporated.
Signed letter that authorizes PermisosComerciales.com to carry out the requested steps.