Who Qualifies
Law 135 is for young entrepreneurs between the ages of 16 and 35 who start a new business in Puerto Rico.
The Benefits
-
Income Tax Exemption: The first $500,000 of net income is 100% exempt from Puerto Rico income tax for the first 3 years.
-
Municipal Tax Exemption: You won’t pay municipal license tax (patente) during those 3 years.
-
CRIM Exemption: You’re exempt from paying property tax (CRIM) for those first 3 years as well.
Why It Matters
These exemptions reduce your costs significantly, allowing you to reinvest in your business during its most critical stage.
If you’re a young entrepreneur in Puerto Rico, don’t miss out on these benefits. And with Kapital, you can keep your finances structured from day one — so you’re ready to take full advantage of Law 135.
Contact us! We can help you take advantage of this benefit!
Comments (0)