PRIDCO - Pridco Services - A Business Partnership


	A Business Partnership
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		A Business Partnership
	The Puerto Rico Industrial Development Company (PRIDCO) is a government-owned corporation responsible for aggressively promoting Puerto Rico’s advantages to investors seeking to establish or expand their businesses on the island. As a business partners to all companies that seek to establish operations on the island, PRIDCO provides ongoing support services to businesses operating in Puerto Rico and will assign a project manager who will:
	Explain all the benefits package that Puerto Rico can offer to that particular industry Assist in obtaining the perfect location that fills all that company’s needs. To this effect, PRIDCO owns 25 million sq. ft. industrial real estate, owns structures ranging from 4,000 sq. ft to 100,000 sq. ft., develops, constructs and maintains industrial buildings. PRIDCO will also build to suit specifications under leaseback or purchase agreements. Negotiate incentives according to the needs of the industry. These include: 7% maximum tax rate with some qualified companies paying as little as 2 %. 2-0 % for “Pioneer Industries” A 200 % super-deduction for research and development and job training costs. Accelerated depreciation for investment in buildings, machinery and equipment with unlimited loss carry forwards. 100 % deduction on real and personal property taxes during initial construction and first-year of operations. The opportunity to conduct business in the most comprehensive, noncontiguous Foreign Trade Zone system in the U.S. PRIDCO will also design tax incentive and discretionary benefit packages based on a client’s individual needs. Help get the financing needed to start up the operation. The public and private sectors in Puerto Rico have joined forces to make locating or expanding your business to Puerto Rico financially attractive. Private and government banks provide long-term or low-interest loans for new businesses locating here. In addition, financing is available from a variety of sources.

		Other PRIDCO Services
	In order to assist companies before and after they are established in Puerto Rico, PRIDCO offers the following services:
	Design and Technology Council Industrial Services Office Marketing Office Infrastructure Development Office Science and Technology Office Patents and Discoveries Office
	Learn more about all of PRIDCO’s services here.

		Offices Around the World
	In an effort to reach out and work closer with companies before and after they establish in Puerto Rico, PRIDCO has offices around the world. You can talk to a PRIDCO representative who will take through the process, at your convenience, in your hometown or ours. For a list of PRIDCO offices and contacts, click here.