PRIDCO (Puerto Rico Industrial Development
Company) is available to assist clients from the initial contact,
through the site selection process, permitting, construction, staffing
and commencement of operations. And it doesn’t stop there.
PRIDCO personnel also regularly visit the facilities to make sure
that everything is going smoothly and that minor nuisances don’t
become problems.
How do you begin the process? For manufacturing and export services
projects (services provided outside of Puerto Rico) the best and
fastest way is to call PRIDCO directly at 1-888-5-PRIDCO. You will
be connected to an experienced PRIDCO executive who will ask a
few simple questions in order to determine which PRIDCO Special
Projects Manager (SPM) is the most qualified to assist on your
project. That SPM will then contact you within two (2) business
days to begin the process.
The next step will generally be a meeting with the SPM who will
describe PRIDCO’s “Value Proposition”, the tax
and operational advantages of expanding or relocating to Puerto
Rico. When appropriate, you can make a “fact finding” &/or
a “site selection” trip to Puerto Rico, accompanied
by the SPM.
In order to make the most effective use of your time, you will
be asked to provide some basic information on the operation you
are considering for Puerto Rico: projected size of the facility,
utility needs, potential employment, approximate investment, any
special environmental issues, etc. That will allow the SPM to identify
locations and available buildings best suited for the project.
The information needed is contained in the Location & Environmental
Aspects Questionnaire. Simply, click on the link to download
in MS Word format. For additional details and instructions, please
download the Location and environment aspects questionnaire
instructions.
Later, depending on your particular project, the forms for Industrial
Tax Exemption Application, Application
for Tax Exemption for Property Devoted to Industrial Development and some others
may come into play. But remember, your SPM will be there to help
with any questions you may have.
For non-manufacturing projects, the first stop is at Fomento Comercial
(787-294-0101) where a knowledgeable person will be available to
assist you.
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