Low-profit limited liability company (compañía de responsabilidad limitada con fin social)Puerto Rico
What it takes to form, own and run a private limited company in Puerto Rico, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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ningún miembro o administrador de la CRL estará obligado personalmente por dichas deudas, obligaciones y responsabilidades de la CRL
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creada por una (1) o más personas bajo las leyes de Puerto Rico
The registry’s and the law’s own pages do not mention it.
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las compañías de responsabilidad limitada estarán sujetas a tributación de la misma forma y manera que las corporaciones
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Yes
What it takes to form
- A notary
- Not required
- A resident director
- Does not apply
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- At least 1 · one person may form it alone
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creada por una (1) o más personas bajo las leyes de Puerto Rico
- A local company secretary
- Does not apply
- A local registered agent
- Required
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Toda compañía de responsabilidad limitada tendrá y mantendrá en Puerto Rico una oficina registrada y un agente residente
Each year, at the registry
- Annual registry fee
- USD 150 (about €131)
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Toda CRLD y toda CRLF autorizada para hacer negocios en Puerto Rico pagará al Secretario de Estado derechos anuales de $100.00
- Accounts on the public record
- No
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Las compañías de Responsabilidad Limitada (LLC) no tendrán que radicar un Informe Anual al Departamento de Estado
- Audit for a small company
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
- Derecho anual de la compañía de responsabilidad limitada
- 1 March
With Registro Electrónico de Corporaciones y Entidades, Departamento de Estado
Statute Art. 21.03(C): payable on 1 March each year after the close of the calendar year. The registry page gives 15 April; the statute is followed here, and the conflict is recorded in the note.
What is public
Not in our records What the register shows the public is not in our records for the Low-profit limited liability company (compañía de responsabilidad limitada con fin social).
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Owners choose+1 regime
By default an LLC is taxed in the same way as a corporation; it may elect partnership treatment, or treatment as a disregarded entity where it has a single owner (Sec. 1010.01(a)(3)).
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las compañías de responsabilidad limitada estarán sujetas a tributación de la misma forma y manera que las corporaciones
Special regimes that may apply
- Tasa fija preferencial de 4% sobre el Ingreso Exento de un Negocio Exento other · 4%
Exempt Businesses holding a decree under the Code, on the Ingreso Exento generated by their eligible activities Ley 60-2019, Código de Incentivos de Puerto Rico, Sección 2011.02 (13 L.P.R.A. § 45032)
Whether a company qualifies depends on its activity and conditions set in each statute.
- CFC rules in Puerto Rico
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- The LLC is dissolved at the date or event in its company agreement, by vote or written consent of members holding more than two thirds of the profit interest, when no members remain unless continued within 90 days, or by court order; the persons winding up then file a certificate of cancellation (Arts. 19.47(A), 19.49).
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3. A menos que se provea lo contrario en el CCRL, con el voto afirmativo o consentimiento escrito de los miembros de la CRL o si hay más de una clase o grupo de miembros, entonces por cada clase o grupo de miembros, por los miembros que sean dueños de más de dos tercios (2/3)
- Statutory fee
- USD 50 (about €44)
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(3) $50.00 por la radicación de:
Every business in Puerto Rico
VAT
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Puerto Rico.
Payment and banking services
1 service names Puerto Rico on its own list: Airwallex. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Private limited companyDerived our grouping, the same words in every country
- Name in law
- Low-profit limited liability company (compañía de responsabilidad limitada con fin social)
- ISO 20275 code
- 1TG4Secondary GLEIF, Entity Legal Forms code list