Puerto Rico is an island located in the Caribbean, often referred to as the Pearl of the Caribbean. The quality of telecommunications is high due to a modern system specially integrated with that of the United States. The economy is frequently described, by professionals, as one of the most dynamic in the Caribbean. The thriving tourism industry and diverse industrial sector continue to ensure the economical stability of the island. Together with political stability and excellent banking facilities, Puerto Rico has fast emerged as an able competitor within the offshore market.

Domestic For Profit Corporation

This type of corporate vehicle can conduct business inside or outside the island. A Domestic For Profit Corporation is created and administered in accordance with Puerto Rico laws. Profits from this type of company can be distributed amongst its shareholders. Foreign Corporations For Profit are also available and are formed under the regulations of other jurisdictions with authorisation to carry out business in Puerto Rico. Domestic and Foreign Corporations can, in turn, be for profit or not for profit.