Friday, April 18, 2014

Establishing New Legal Entity for Business Operations in Puerto Rico


When establishing a business in Puerto Rico, the business owners have an array of choices for when selecting the appropriate business type for their operations.  These include: Business Trusts, Cooperatives, Corporations, International Banking Entities, Insurance Companies, Joint Ventures, Limited Liability Company, Partnership, Public Private Partnerships, Real Estate Investment Trusts, Registered Investment Company, Sole Proprietorship.  When selecting a business model please be aware that each has its own set of rules for qualification, and each has distinct implications from the perspective of tax, insurance, and liability.  The facts and circumstances of a business owners operations are important in determining the appropriate type of business.

There are more rules and this post contains simplifications and is not comprehensive. Additionally, as always, a professional should be consulted and be presented with specific information.


***
Disclaimer
The information on this website is general information and is for educational use and has not been verified for accuracy nor completeness. You, the reader, should further research your specific individual situation. In addition you should contact your accounting professional for professional advice derived from specific details from your structure and financial position.


26 comments:

  1. We should discover the things that we need to learn in order to get what we need for our Property Investment Portfolio. Track down the things that happens in the market and make sure that we develop a good plan with the information form it. With that information we can ensure that what we are doing is all effective for our business.

    http://www.positivepropertyinvestments.com.au/property-investment.html

    ReplyDelete
  2. The company has many services and they also provide the best lawyers. Personal injury lawyers Toronto are a set of lawyers whose who are appointed for various other reasons and they fight for their respective clients. DUI lawyer

    ReplyDelete
  3. Im no expert, but I believe you just made an excellent point.faq You certainly fully understand what youre speaking about, and I can truly get behind that.

    ReplyDelete
  4. These types of communications include appointment letters, suspension letters, removal letters, email communications, statutory notices, reply to notices, warning letters, letters notifying delays, letters expressing disagreements etc.,Company Formation India

    ReplyDelete
  5. After all, there's a reason it's the boring side of the creative industry. You'd rather be doing whatever it is that you do best, which is why getting hold of professional accountancy services without delay can really help you out.quickbooks error support

    ReplyDelete
  6. This can be done by remembering that the basic principles for a successful practice are good clients together with the basic tools to service them. Contabilitate Iasi

    ReplyDelete
  7. Online Technical Support is the new age method to eradicate your technical problems. Here an expert technician resolves your technical issues virtually through live chat or assists by giving step by step instructions to the customers on phone in order to eliminate the problems quickbooks support.

    ReplyDelete
  8. Legal counsel, then again, contrasts from legal data as in the previous is costly and you can once in a while discover free online legal advices that are solid.trademark registration

    ReplyDelete
  9. This bit of blog shows commitment of essayist.
    online cpa services

    ReplyDelete
  10. Choose hostgator coupons and get your first month for a Penny! Web Hosting Made Easy. Unmetered Disk Space. Free Website Templates. Unmetered Bandwidth. 99.9% Uptime Guarantee. Types: Windows Hosting, Linux Hosting, Reseller Hosting, Dedicated Server, VPS Hosting, Cloud Hosting.

    ReplyDelete
  11. Get exclusive GoDaddy promo codes and coupons for the best savings and discounts on domain names, web hosting and more. Start saving today! godaddy coupons

    ReplyDelete
  12. This comment has been removed by the author.

    ReplyDelete
  13. This comment has been removed by the author.

    ReplyDelete
  14. Internet marketing is a new age of marketing with the introduction of the Web and progressive innovations. It must not be a shock that more companies today are engaging, vibrant internet marketing methods to increase market presence and sales for much better profits and market exposure. As innovation advances, online video marketing is creating a huge online trademark search in India among online company promos as web customer habits modifications to like visual marketing methods over conventional text-based alternatives

    ReplyDelete
  15. Your work here on this blog has been top notch from day 1. You've been continously providing amazing articles for us all to read and I just hope that you keep it going on in the future as well. Cheers! Michigan Biker Law Firm

    ReplyDelete
  16. This comment has been removed by the author.

    ReplyDelete
  17. Nice And Informative information. Please Keep Continue Such Kind Of Effort. Contact With Quickbooks Support Phone Number. We Deal In Bookkeeping Services, Company Payroll Services, Cost Accounting, Quickbooks Enterprise, Quickbooks Pos Support, Quickbooks Pro Support And Other Company Related Financial Services.
    QuickBooks Error Support
    QuickBooks Error Support Number
    QuickBooks Error Support Phone Number

    ReplyDelete
  18. Empathic and Rational: Being empathic in the legal calling implies the ability to comprehend and know candidly what a customer has encountered and the capacity to place oneself in customers' shoes. Note I didn't state to be thoughtful. Thoughtful means you feel frustrated about your customer.https://www.gpwlaw-mi.com/maryland-mesothelioma-lawyer/

    ReplyDelete
  19. I want you to thank for your time of this wonderful read!!! I definately enjoy every little bit of it and I have you bookmarked to check out new stuff of your blog a must read blog! onsist.com

    ReplyDelete
  20. The lawyer ought to have the capacity to speak to his customer adequately should the respondent choose for an out of court settlement. The online administration gives one the accommodation of applying for their administrations on the web and even book a meeting with the lawyers.תאונת דרכים

    ReplyDelete
  21. Their effective experience without risking their future will give them the certainty and income they have to appreciate the opportunities in responsibility for Accounting and Tax CPA Firm.CPA San Diego

    ReplyDelete
  22. It is my great pleasure to visit your website and to enjoy your excellent post here. I like them very much. I can feel that you paid much attention to those articles, as all of them make sense and are very useful. Thanks so much for sharing.
    BUILT-IN REFRIGERATION
    INTEGRATED REFRIGERATION
    WINE STORAGE
    PROFESSIONAL MODELS

    ReplyDelete
  23. It very well may be annihilated by the lawyer himself, as when he gives a lawful counsel and topples his own legitimate conclusion without padding the impacts. Undoubtedly, no lawyer can ever get customers in the event that he isn't conceivable and dependable.תביעה ייצוגית

    ReplyDelete
  24. This post is great. I reallly admire your post. Your post was awesome. If you need any support for QuickBooks then get immediate help from our QuickBooks Customer Support team by dialing on their toll-free number at +1(800)-880-6389.

    Ways to Manage Your Account, Products, and Subscriptions in QuickBooks

    ReplyDelete
  25. Greetings from Mark! I was bored at work so I decided to browse your site on my phone during lunch break. For more info dial QuickBooks Support Phone Number and QuickBooks Error Support Phone Number.

    ReplyDelete