| |
Puerto Rico’s tax laws
offer a wealth of incentives that, together with a combination
of cash grants, tax credits and venture capital initiatives,
promote corporate growth. The Government is committed to providing
a pro-business environment.
Its U. S. Commonwealth status gives Puerto Rico the economic
and political security of the United States with the business
advantages of an off-shore investment destination. A U.S.
Company can operate in Puerto Rico as a Controlled Foreign
Corporation (CFC), and enjoy the tax benefits and high returns
that a CFC investment model brings to your business.
With competitive wages and high productivity, plants in Puerto
Rico often-rank #1 on measures of productivity and quality
within their parent company structures. The labor climate
in Puerto Rico combines a large pool of skilled workers with
friendly labor relations and infrequent business disputes,
making it extremely conducive to business. Late industrialization
within equitable, democratic institutions has fostered a culture
of excellence and cooperation in Puerto Rico’s manufacturing
labor force. Only 6 % of employees in private sector manufacturing
are union members. |