Please ensure Javascript is enabled for purposes of website accessibility
Portal oficial del Gobierno de Puerto Rico. 
Un sitio web oficial .pr.gov pertenece a una organización oficial del Gobierno de Puerto Rico.
Los sitios web seguros .pr.gov usan HTTPS, lo que significa que usted se conectó de forma segura a un sitio web.

DESARROLLO

DEPARTMENT OF ECONOMIC

DEVELOPMENT

AND COMMERCE
GOVERNMENT OF PUERTO RICO

Grants and Incentives

Young Entrepreneur Decree

Law 60-2019

Tax incentive that encourages youth entrepreneurship and the creation of new businesses in Puerto Rico, offering tax exemptions for a specified period to promote economic growth. Tax incentive program aimed at young people between 16 and 35 years old who wish to establish a new business in Puerto Rico, through the signing of a Special Agreement with the Department of Economic Development and Commerce (DDEC).

Puerto Rico Incentive Code [60-2019]

Seed Capital Incentive for SMEsS

Small and Medium Enterprises

Seed Capital Incentive for SMEs

Capital Semilla is a program aimed at small and medium-sized enterprises (SMEs) created by the Department of Economic Development and Commerce (DDEC) that seeks to enable entrepreneurs to benefit from an economic incentive focused on strengthening their business operations.

Who can participate?

New and Existing Small and Medium Enterprises (SMEs).

SMEs are defined as businesses that generate an average sales volume of three million dollars ($3,000,000) or less during the three (3) tax years preceding the current Tax Year, and which employ twenty-five (25) people or less full-time or equivalent.

Seed Capital Incentive for New Creation and Existing SMEs

Incentives by Industry

Who are we?

The Business Development area is a division of the Department of Economic Development and Commerce (DDEC), which is the agency responsible for establishing the vision and public policy of economic development for the Government of Puerto Rico.

What do we do?

The Business Development Department manages the Economic Incentive Fund (FIE), established in Law 60-2019, known as the Puerto Rico Incentive Code (CIPR), and provides incentives to companies and industries based on the economic impact of their projects, job creation and return on investment, among others.

What is the Puerto Rico Incentive Code (CIPR)? - Law 60-2019

The CIPR includes all of Puerto Rico's tax incentives; including that of the DDEC's Entrepreneurship and Business Development area, which seeks to promote economic growth, competitiveness, exports and foreign investment, encouraging the creation of competitive jobs for local talent.

Download:

Regulations on Economic Programs and Incentives in the Department of Economic Development and Trade.

PromoExport is the specialized division of the Trade and Export Program of the Department of Economic Development and Commerce (DDEC) of Puerto Rico. Its purpose is to facilitate and accelerate the expansion of Puerto Rican small and medium-sized enterprises (SMEs) to the foreign market. It seeks to ensure that the export of products and services becomes a continuous and permanent activity that contributes to the economic development of Puerto Rico.

This Division offers specialized export services such as training, commercial intelligence, technical assistance and marketing, among others, with the objective of supporting companies to enter the foreign market. More than a program, PromoExport is the institutional platform for taking Puerto Rican companies to other jurisdictions and international markets.

Youth Development Program

The Youth Development Program (PDJ) has the mission of implementing the public youth policy established by the Government of Puerto Rico. This program is aimed at Puerto Rican youth between the ages of 13 and 29 and focuses on serving as a carrier of educational resources, which in addition to enriching them in knowledge, experience and personal strength, promotes an entrepreneurial spirit, public policy participation and a culture of innovation.

The PDJ promotes socio-economic development, based on the general well-being of young people. This is possible thanks to the creation of new opportunities for local young people, aimed at the economic reactivation and transformation of Puerto Rico.

We are moving towards growth in all its areas, capitalizing on the training of these young people and combating social phenomena such as talent drain and school dropout. PDJ focuses on:

  • Provide educational opportunities
  • Promote comprehensive and socio-economic development
  • Foster an entrepreneurial mindset and a culture of innovation in Puerto Rican youth, as a transformative present for Request Island

Artisans

Craft Development Program

The Artisanal Development Program of the Department of Economic Development and Trade is responsible for providing aid to the Puerto Rican artisanal class. This Program is responsible for promoting the artisanal economy, offering sponsorships and incentives (not contributory), certifying artisans, offering training and facilitating the provision of services and marketing.

It provides artisans with technical assistance for the administration of their workshops and the granting of financial aid for their operation; and for the promotion, marketing, distribution and sale of handmade products. It organizes centers where artisans can produce, exhibit and distribute Puerto Rican handicrafts, as well as promote artistic work in and outside Puerto Rico.

Cine

The entire world at your fingertips... Puerto Rico has represented more than 20 different countries and cities around the world. We have been Cuba, Brazil, Bolivia, Qatar, Costa Rica, Vietnam, Miami, Africa, Los Angeles, Dubai, Mumbai, Iraq, Kuwait, Bahamas, Colombia, Chile, Hawaii, New Mexico, Grenada, The Bronx (NYC) and more.

English Version Puerto Rico Film Commission

Federal Government

For details of Federal Programs Access here

Energy Efficiency

Public Energy Policy Program (PPPE)

The Public Energy Policy Program (PPPE) of the Department of Economic Development and Commerce is responsible for developing and enacting the public energy policy of the Government of Puerto Rico, pursuant to Act No. 141 of July 11, 2018, also known as the Law on the Execution of the Reorganization Plan of the Department of Economic Development and Commerce, of 2018.

Among its many functions, it is responsible for managing and operating different federal programs, including the Home Air Conditioning Program (WAP), the State Energy Program (SEP) and the State Green Energy Fund Program, with the main purpose of promoting energy efficiency and introducing renewable energy to Puerto Rico's electricity grid. Under Law 17-2019, it seeks to mitigate Puerto Rico's dependence on centralized fossil fuel plants and optimize available energy resources to build resilience and, ultimately, make it easier for the Island to obtain 100% of its energy from renewable sources by 2050.

Legal Basis

  1. Act No. 114 of August 16, 2007, Net Measurement Act
  2. Act No. 57 of May 27, 2014, Puerto Rico Energy Transformation and Relief Act
  3. Act No. 141-2018, Department of Economic Development and Trade Reorganization Plan Implementation Act of 2018
  4. Act No. 17 of April 11, 2019, Puerto Rico Public Energy Policy Act
  5. Act No. 60 of July 1, 2019, Puerto Rico Incentive Code
  6. Reglamento Núm. 8682, Energy Savings Performance Contract Program Amended Regulation
  7. Reglamento 7796 para Sistemas de Energía Renovable
Certificaciones

Junta para la inversión en la Industria Puertorriqueña (JIIP)

VISIÓN:

Respaldar el crecimiento, fortalecimiento y desarrollo de las empresas locales proveyendo mecanismos ágiles y procesos justos que permitan aprovechar el mayor número deoportunidades de negocio con las agencias gubernamentales como herramienta delcrecimiento económico de la Isla.

MISIÓN

Garantizar mayor participación deempresarios locales en los procesos de adquisición de bienes y servicios de la mayor calidad por parte de las entidades gubernamentales

Crecimiento Económico =  PIB+ Productividad
  • Productividad Laboral
  • Inversión Privada
  • Consumo
  • Exportaciones Menos Exportaciones
  • Gasto Gubernamental

Art. 4, Ley 14, supra.

Producto de Puerto Rico

Es aquel artículo extraído o producido en P.R., que a juicio de la Junta, amerite que se trate como un proceso de manufactura  dirigida a la transformación sustancial de materia prima en un producto final terminado, cuya transformación se puede llevar a cabo mediante la subcontratación de todo o parte del proceso de manufactura en Puero Rico; considerando la inversión privada en maquinaria y equipo, tecnología envuelta, capacidad de destreza intelectual, empaque, empleos directos e indirectos, localización, magnitud y que el valor añadido en P.R., no sea menor del 35%, y cualquier otro beneficio que la operación represente para el bienestar de P.R.

Producto Ensamblado

Significa aquel artículo que, sin constituir un producto de P.R., parte de su composición haya sido manufacturado o fabricado en P.R. y haya sido sometido a un proceso de ensamblaje con un número significativo de componentes, que, a juicio de la Junta, y debido a su naturaleza, complejidad, inversión, tecnología involucrada, con un valor añadido menor a un 35%, pero mayor a un 10% en P.R., su localización, y con 10 empleos directos generados en P.R., amerita se considere como un producto ensamblado en P.R.

Servicios Rendidos

Significa aquellos servicios aplicables a la adquisición de bienes, artículos y servicios no profesionales, especializados, necesarios para el funcionamiento de las operaciones regulares de una entidad gubernamental para el desempeño o funcionamiento de la realización de una obra o servicio, los cuales no requieren de una profesión o especialidad. En la determinación de que los servicios sean rendidos en P.R. se tomará en consideración no sólo el lugar en que se prestan los servicios, sino además, si la empresa o sociedad que presta el servicio tiene operaciones sustanciales en P.R.

Art. 6, Ley 14, supra.

Función de Incentivar

  • Asignar Parámetros de Inversión
  • Proveer Catálogo de Productos

Función de Fiscalizar

  • Reglamentar, Emitir órdenes
  • Investigar, supervisar, examinar,evaluar, sancionar

Función de Educar

  • Capacitar y adiestrar funcionariosen Agencias
  • Orientara empresarios

Función de Administrar

  • Planificar cumplimiento de Ley
  • Recopilar Datos

Política Preferencial

Preferencia Local en Compras del Gobierno

•Aplica a TODOTIPO DE COMPRA (Art.7) de bienes:

  1. Subastainformal, Subasta formal, “RFP”, “RFQ”, emergencia.
  2. No aplica a compras interagenciales

•Encaso de servicios no profesionales aplicaa aquellos ofrecidos por grupos preferidos y deben ser clasificados comoempresas pymes

Concesión de Parámetro de Inversión en Preferencia Local

  • Empresas con operaciones sustanciales en P.R. podrán obtener certificado de preferencia para sus productos o servicios no profesionales. (Art. 9)

Categorías por tipo de operación

  • Servicios no profesionales (Debenestar certificado como PyME)- 2%
  • Distribución- 2%
  • Envasado-3%
  • Ensamblaje- 4%
  • manufactura- 10%

Concesión de Parámetro de Inversión en Preferencia Local

  • El Director Ejecutivo puede recomendar a la Junta conceder hasta un 5% adicionalen casos extraordinarios
  • PEAT, Empresas que empleen personas con impedimentos severos o personas ciegas  – hasta un 15%, 25% y 30% respectivamente
  • Vieques y Culebra podrán tener tasas preferentes mayores, nunca en exceso de un 30%

Aplicación de la Preferencia

  • Precio cotizado
  • -(Precio Cotizado x % Preferencia)
  • = Volor considerado en adjudicación
  • Se paga precio cotizado

En caso de un RFP

  • Debe concederse puntuación a producto oservicio provisto por empresa con operación sustancial en PR.

Proceso de la Solicitud

  • Una vez el personal de la JIIP recibe la solicitud, se verifica.  De estar correcta con todos los documentos requeridos,  se coordina la visita del oficial de la JIIP a las facilidades de la compañia solicitante para auditar la solicitud. El oficial prepara el Informe de Recomendación para los miembros de la Junta.
  • La Junta evalúa los casos en reunión o por referéndum una vez al mes. Una vez la Junta aprueba las solicitudes, se emite la Resolución

Resolución

  • Documento emitido por la Junta que indica el porciento de preferencia que adjudica y detalla los productos que ofrece o servicios no profesionales y cualquier otro asunto que esté bajo su consideración.
  • Vigencia de dieciocho (18) meses.
  • Excepción-  Si el cliente no cumple con el empleo mínimo requerido se emite la Resolución por 120 días. Esta excepción se otorga una sola vez en la vida de la compañía.  Del cliente cumplir con el empleo requeridodentro de esos 120 días, se le extiende hasta los 18 meses.  

Cesión de la Preferencia

La empresa que haya obtenido el porciento de preferencia por concepto de manufactura para alguno de sus productos podrá cederlo a sus agentes establecidos (distribuidores) en Puerto Rico mediante una carta notariada en la que indique expresamente que él está cediendo a cada agente el porciento de preferencia otorgado por la Junta para dicho producto. Únicamente se cede de manufactura a distribución.

Opúsculo de la JIIP

The Puerto Rican Industry Investment Board (JIIP), attached to the Department of Economic Development and Commerce (DDEC), was created under Law 14-2004, as amended.

The JIIP has the power to set margins of preference for companies established in Puerto Rico, depending on the nature of the non-professional SME product or service. Investment parameters are percentage discounts applied to the listed price of the product or service, for award purposes in any purchasing process of government agencies, public corporations and municipalities, including public-private alliances. However, the government entity must make the payment for the tender price (that is, without applying the investment parameter discount), as long as it is in accordance with the budget.

Application Portal