The Economic Incentives for the Development of Puerto Rico Act: Puerto Rico’s latest tool for business development and investment
Goldman Antonetti & Cordova, PSC, Puerto Rico
by Angel Marrero-Murga
The Economic Incentives for the Development of Puerto Rico Act, Act No. 73 of May 28, 2008 (“Act 73”), is Puerto Rico’s most recent incentive law, substituting the Tax Incentives Act of 1998. With this law, Puerto Rico has once again jumped to the forefront in offering world-class business conditions and benefits for manufacturers and service providers in Puerto Rico.
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