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For more information on the various
incentives provided under Puerto Rico
EXPORT SERVICES ACT law, please visit

DEVELOPING AN INTERNATIONAL EXPORT SERVICES HUB businessinpuertorico.com

and access our incentives alerts on the
following topics:
Puerto Rico has a highly educated and profes- INVESTMENT BANKING AND • Cruise Industry Incentives Act
sional labor force that can fulfill the labor market FINANCIAL SERVICES TAX BENEFITS
demands for the provision of export services. UNDER ACT NO. 20: • Economic Incentives for the
Development of Puerto Rico Act
The purpose of the Export Services Act (Act 20) • 4% maximum tax rate on income related to
is to develop Puerto Rico as an international exportation of services • Export Services Incentives Act
export services center and diversify the drivers • 100% exemption on income tax rate on dividends • Film Industry Incentives Act
of economic growth by encouraging local service or profit distributions
providers to expand their services to persons • Green Energy Incentives Act
outside of Puerto Rico, and attract new • 60% exemption on municipal license taxes • Incentives for Business Activity
businesses to Puerto Rico. • 90% exemption of real and property taxes Performed in Vieques and Culebra
The Export Services Act applies with respect to • 20-year tax decree, renewable for an additional • Incentives for Rum Producers in
any business with an office located in Puerto Rico 10-year period
that is engaged in the exportation of services to Puerto Rico
non-resident individuals and/or foreign entities. • Individual Investors Act
• Manufacturing Incentives Act
BUSINESS SERVICES ELIGIBLE TO • Municipal Economic Development
BENEFIT UNDER ACT NO. 20: and Tourism Incentives Act
• Advertising and public relations
• Puerto Rico Housing Incentives
• Call centers
• Tax Exemptions for Scientists
• Development of licensable computer software
• Tourism Development Act
• Distribution centers (hubs)

• Economic, environmental, technological, Or contact:
managerial, marketing, information systems,
engineering and other consulting services Palmas del Mar Properties, Inc.
• Electronic data processing centers #7 Executive Office Drive
Humacao, PR 00791
• Headquarters and/or shared services centers
• Medical and hospital services Tel. 787.285.2200
• Professional services, such as legal, tax and E-mail: info@palmasdelmar.com
accounting Website: www.palmasdelmar.com
• Research and development

This brochure is provided for informational purposes only; it is not an offer to sell or a solicitation of offers to buy. Neither Palmas del Mar Properties, Inc. (“PDMPI”) nor its affiliates, nor any of its representatives, or any of their respective
officers, directors, employees, or agents has made or makes and hereby disclaims any express or implied representation or warranty as to the validity, accuracy or completeness of any information in this brochure (the “Information”).
The Information is summary in nature, some of which was provided or prepared by third parties, has not been independently verified for accuracy or completeness and should not be relied upon. No person will have any liability relating
to the information or for any errors in the Information or omissions from the Information. None of the Information is intended to constitute and may not be construed as legal, tax or other advice. You should independently analyze and
evaluate the Information and obtain any additional information that you consider necessary or desirable for the analysis and evaluation of the Information, and consult with your own legal counsel and financial and tax advisors to
det
38 | PALMAS DEL MAR.COMermine the consequences of any transaction and to arrive at your independent evaluation. PDMPI shall have no obligation to accept any proposal from any recipient of the Information.