Incentives for Businesses in Puerto Rico

Your business may qualify for up to 15 years of reduced taxes, investment credits, and benefits like cash grants for new machinery, employee retention, and workforce expansion — to increase your chances of success.

ACT60 Chapter 8 Puerto Rico Bona Fide Farmer. by IncentivesPRO
Puerto Rico ACT60 Tourism Chapter 5 Application by IncentivesPRO.
Puerto Rico ACT60 Tourism Chapter 5 Application by IncentivesPRO.
Puerto Rico ACT60 Chapter 10 Application Young Entrepreneurs Incentive (Former Act135 Puerto Rico) by IncentivesPRO.
Puerto Rico ACT60 Chapter 10 Application Young Entrepreneurs Incentive by IncentivesPRO.
ACT60 Chapter 8 Puerto Rico Bona Fide Farmer. by IncentivesPRO
Puerto Rico ACT60 Chapter 3 Application Export Services Incentive by IncentivesPRO.
Puerto Rico ACT60 Chapter 7 Application Green Energy & Infrastructure Incentive by IncentivesPRO.
Puerto Rico ACT60 Chapter 10 Application Young Entrepreneurs Incentive by IncentivesPRO.
Puerto Rico ACT60 Chapter 8 Application Bona Fide Farmer Incentive by IncentivesPRO.
Puerto Rico ACT60 Chapter 10 Application Young Entrepreneurs Incentive (Former Act135 Puerto Rico) by IncentivesPRO.
Puerto Rico ACT60 Chapter 3 Application Export Services Incentive by IncentivesPRO.

Eligible Industries and Businesses

Find out if you qualify for incentives based on your industry with a quick 2-minute evaluation.

Agriculture

Incentives for agricultural businesses and certified farmers seeking to innovate in the production and distribution of local food, promoting self-sufficiency and sustainability in Puerto Rico. These benefits are designed to support farmers across various sectors, from food production to agricultural technology.

Eligible business types:

  • Cultivation of agricultural products
  • Food production companies
  • Processing and packaging of agricultural products
  • Agricultural and agrotech technologies
  • Aquaponics and Hydroponics
  • Agritourism
Evaluate your business

Biotechnology

For engineers, scientists, and researchers focused on developing new solutions in life sciences, particularly in fields like medicine, biochemistry, pharmacology, and industrial biotechnology. These incentives foster innovation in areas that benefit society and strengthen the life sciences industry in Puerto Rico.

Eligible business types:

  • Medical research companies
  • Biochemistry and pharmacology firms
  • Biotechnology research centers
  • Applied biotechnology startups
Evaluate your business

Green Energy

For developers expanding renewable energy capacity and supply in Puerto Rico, contributing to the island’s energy self-sufficiency. Incentives are aimed at solar, wind, hydroelectric, and other clean energy projects serving communities, municipalities, and industrial sectors.

Eligible business types:

  • Solar and wind energy companies
  • Hydroelectric and biomass energy projects
  • Energy storage solution providers
  • Renewable energy infrastructure for communities
Evaluate your business

Creative Industries

For film, music, theater, and video producers dedicated to enriching Puerto Rican culture and positioning the island as a hub for creative production. These incentives support projects that promote Puerto Rico’s cultural identity while creating opportunities in the entertainment and arts industries.

Eligible business types:

  • Film and television production companies
  • Music and video recording studios
  • Theater and cultural event organizations
  • Animation and multimedia businesses
Evaluate your business

Young Entrepreneurs

For entrepreneurs up to 35 years old launching their first businesses. This incentive encourages innovation and supports Puerto Rico’s next generation of business leaders by helping them overcome the initial challenges of establishing and growing their ventures.

Eligible business types:

  • Startups in any eligible sector
  • Businesses from young entrepreneurs across various industries
Evaluate your business

Manufacturing

For business owners aiming to boost the production of physical goods in Puerto Rico. These incentives support scaling manufacturing operations, improving efficiency, and expanding markets for products made on the island, encompassing both traditional and high-tech industries.

Eligible business types:

  • Traditional manufacturing companies (textiles, food products)
  • Advanced manufacturing companies (technology, medical devices)
  • Product processing and packaging facilities
Evaluate your business

Export Services

For consultants and industry experts providing services and products abroad. These incentives support businesses that export knowledge and services, positioning Puerto Rico as a hub of excellence in the export services sector.

Eligible business types:

  • Consulting and advisory firms
  • Engineering and architecture services
  • Financial and accounting services
  • Technology and software companies
Evaluate your business

Software and Digital Applications

For founders building Software as a Service (SaaS) businesses or subscription-based platforms. These incentives support the growth of innovative tech products developed in Puerto Rico, strengthening the digital ecosystem and knowledge economy.

Eligible business types:

  • Software as a Service (SaaS) companies
  • Digital subscription platforms
  • Developers of apps and enterprise software
Evaluate your business

Tourism (Visitor Economy)

For hospitality leaders, tour operators, and rental businesses driving Puerto Rico’s visitor economy. These incentives support companies offering unique experiences to tourists and visitors, ranging from accommodations to recreational activities.

Eligible business types:

Experiences:

  • Nautical tourism activities
  • Agrotourism
  • Corporations committed to tourism-related activities (e.g., sailboat, boat, or motor vehicle rentals; eSports; fantasy leagues)

Accommodations:

  • Agro-lodging and Agrotourism
  • Bed and breakfasts (B&Bs)
  • Guesthouses
  • Inns
  • Condo-hotels
  • Puerto Rican Paradores
  • Hotels
  • Hostels
  • Villas
  • Glamping and Eco-tourism
  • Ecolodges
  • Timeshares and vacation clubs

Attractions:

  • Casinos or gaming rooms
  • Marinas and mega yachts for tourism purposes
  • Theme parks
  • Medical tourism
  • Golf courses
  • Medical treatment clinics
  • Properties dedicated to tourism activities
Evaluate your business

Affordable Housing

Development projects that improve access to dignified and affordable housing in Puerto Rico. These incentives aim to promote inclusive and sustainable communities, supporting builders and developers in creating affordable housing for Puerto Rican families.

Eligible business types:

  • Affordable housing development
  • Agri-lodging and eco-accommodation projects
  • Housing construction in low-income areas
  • Remodeling properties for affordable housing
Evaluate your business
Agriculture

Incentives for agricultural businesses and certified farmers seeking to innovate in the production and distribution of local food, promoting self-sufficiency and sustainability in Puerto Rico. These benefits are designed to support farmers across various sectors, from food production to agricultural technology.

Eligible business types:

  • Cultivation of agricultural products
  • Food production companies
  • Processing and packaging of agricultural products
  • Agricultural and agrotech technologies
  • Aquaponics and Hydroponics
  • Agritourism
Evaluate your business
Biotechnology

For engineers, scientists, and researchers focused on developing new solutions in life sciences, particularly in fields like medicine, biochemistry, pharmacology, and industrial biotechnology. These incentives foster innovation in areas that benefit society and strengthen the life sciences industry in Puerto Rico.

Eligible business types:

  • Medical research companies
  • Biochemistry and pharmacology firms
  • Biotechnology research centers
  • Applied biotechnology startups
Evaluate your business
Green Energy

For developers expanding renewable energy capacity and supply in Puerto Rico, contributing to the island’s energy self-sufficiency. Incentives are aimed at solar, wind, hydroelectric, and other clean energy projects serving communities, municipalities, and industrial sectors.

Eligible business types:

  • Solar and wind energy companies
  • Hydroelectric and biomass energy projects
  • Energy storage solution providers
  • Renewable energy infrastructure for communities
Evaluate your business
Creative Industries

For film, music, theater, and video producers dedicated to enriching Puerto Rican culture and positioning the island as a hub for creative production. These incentives support projects that promote Puerto Rico’s cultural identity while creating opportunities in the entertainment and arts industries.

Eligible business types:

  • Film and television production companies
  • Music and video recording studios
  • Theater and cultural event organizations
  • Animation and multimedia businesses
Evaluate your business
Young Entrepreneurs

For entrepreneurs up to 35 years old launching their first businesses. This incentive encourages innovation and supports Puerto Rico’s next generation of business leaders by helping them overcome the initial challenges of establishing and growing their ventures.

Eligible business types:

  • Startups in any eligible sector
  • Businesses from young entrepreneurs across various industries
Evaluate your business
Manufacturing

For business owners aiming to boost the production of physical goods in Puerto Rico. These incentives support scaling manufacturing operations, improving efficiency, and expanding markets for products made on the island, encompassing both traditional and high-tech industries.

Eligible business types:

  • Traditional manufacturing companies (textiles, food products)
  • Advanced manufacturing companies (technology, medical devices)
  • Product processing and packaging facilities
Evaluate your business
Export Services

For consultants and industry experts providing services and products abroad. These incentives support businesses that export knowledge and services, positioning Puerto Rico as a hub of excellence in the export services sector.

Eligible business types:

  • Consulting and advisory firms
  • Engineering and architecture services
  • Financial and accounting services
  • Technology and software companies
Evaluate your business
Software and Digital Applications

For founders building Software as a Service (SaaS) businesses or subscription-based platforms. These incentives support the growth of innovative tech products developed in Puerto Rico, strengthening the digital ecosystem and knowledge economy.

Eligible business types:

  • Software as a Service (SaaS) companies
  • Digital subscription platforms
  • Developers of apps and enterprise software
Evaluate your business
Tourism (Visitor Economy)

For hospitality leaders, tour operators, and rental businesses driving Puerto Rico’s visitor economy. These incentives support companies offering unique experiences to tourists and visitors, ranging from accommodations to recreational activities.

Eligible business types:

Experiences:

  • Nautical tourism activities
  • Agrotourism
  • Corporations committed to tourism-related activities (e.g., sailboat, boat, or motor vehicle rentals; eSports; fantasy leagues)

Accommodations:

  • Agro-lodging and Agrotourism
  • Bed and breakfasts (B&Bs)
  • Guesthouses
  • Inns
  • Condo-hotels
  • Puerto Rican Paradores
  • Hotels
  • Hostels
  • Villas
  • Glamping and Eco-tourism
  • Ecolodges
  • Timeshares and vacation clubs

Attractions:

  • Casinos or gaming rooms
  • Marinas and mega yachts for tourism purposes
  • Theme parks
  • Medical tourism
  • Golf courses
  • Medical treatment clinics
  • Properties dedicated to tourism activitie
Evaluate your business
Affordable Housing

Development projects that improve access to dignified and affordable housing in Puerto Rico. These incentives aim to promote inclusive and sustainable communities, supporting builders and developers in creating affordable housing for Puerto Rican families.

Eligible business types:

  • Affordable housing development
  • Agri-lodging and eco-accommodation projects
  • Housing construction in low-income areas
  • Remodeling properties for affordable housing
Evaluate your business

Our math is simple!

By completing the specific form for your industry, we can identify your needs and schedule an initial call where we will recommend one of the following service packages.
Basic
$499/month
1 state tax incentive (Law 60)
1 municipal tax incentive and grant
1 user included
Support and advisory*
Standard
$849/month
All services from the Basic package
Annual tax compliance
Bookkeeping and Certified Public Accountant (CPA) services**
Tax credit and cash grant reports
Agreed Upon Procedures (AUP) reports and automation tool***
Advanced
$1,195/month
All services from the Standard package
1 federal tax incentive and grant
1 loan package application
Artificial intelligence assistant
780 audited transactions
Real-time data for 60 months
5 total users
*2 hours of individual advisory per month with an assigned specialist and access to your account executive via chat from 9:00 a.m. to 5:00 p.m.

**Assigned to one of our vetted providers.

***Our tool monitors eligible transactions for tax credits, cash grants, exemptions, reimbursements, and other benefits daily. The final audit (Agreed Upon Procedures | AUP) must be performed externally by a Certified Public Accountant. If the client does not have one, IncentivesPRO can recommend one of our vetted providers.
Evaluate your business

With all packages, you will have access to:

An easy-to-use platform where you can check the status of your requests in real time.

A reporting tool to:

  • Report your business investments (a requirement to receive credits).
  • Keep your documentation up to date (receipts, contracts, and more).

An audit and reporting tool that ensures your reports are complete and timely, making it easier to identify and categorize each transaction. Includes:

  • Copies of all contracts, receipts, and transactions.
  • Detailed descriptions of each transaction with cost and payment evidence.
  • Categorization of each transaction according to the applicable section code.
Documentation from government agencies, individuals, and corporations
Evaluate your business
Compare it with…
Up to three months (˜480 hours) spent each year searching for and submitting documents to stay compliant.
An advance of $10,000-$20,000 (only for the first year) to hire a lawyer, accountant, or consultant to manage the incentive process.
$76 for each transaction that needs auditing (+$20,000 for every 300 transactions).
The risk of NOT receiving your incentives on time!

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Client Testimonials

Read what our clients have to say about us:
"IncentivesPRO's services have been a game-changer for our business. We've filed over five (5) decrees in past two years!"
Yamy Abreu Puerto Rico Entrepreneurs Tourism Incentive ACT60 by IncentivesPRO.

Yamy Abreu

CEO, Posadas Puerto Rico

"IncentivesPRO's team has worked with out startup accelerator and coached over one dozen companies on how each can earn an incentive under ACT60."
Lenny Lopez's logo for Lenny's Gym by IncentivesPRO.

Jaime Yordán-Frau

CEO, El Nodo

"The team at IncentivesPRO always has a clear answer to some of the most complex incentives programs out there."
Gestor Simply Logo Puerto Rico ACT60 Chapter 10 Incentive by IncentivesPRO.

David Johnson

CTO, Lenny's Gym

"In less than one week the IncentivesPRO team helped devise a strategy for Gestor Simple and filed the Young Entrepreneur's Incentive!"
Dulce Mercado founder Gestor Simple Puerto Rico Tax Incentives Chapter 10 Young Entrepreneurs Application by IncentivesPRO.

Dulce Mercado

CEO, Gestor Simple

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