About PRIDCO

As an economic development organization, the Puerto Rico Industrial Development Company (PRIDCO) is committed to the execution of a comprehensive industrial development strategy to protect and expand both the traditional and established manufacturing segments of the Puerto Rican economy as well as those emerging segments that have found fertile ground in the local business ecosystem, including aerospace and business process outsourcing. PRIDCO can provide guidance and assistance for companies that make the smart move and decide to invest in Puerto Rico, providing them with unique economic incentives. With its privileged location between the Americas, the Commonwealth of Puerto Rico represents the ideal near-shore destination for firms seeking the legal and regulatory stability that provides a U.S. jurisdiction. The Commonwealth is home to a well-trained workforce that has evolved over decades of industrial development, accounting for one of the highest STEM profiles in the hemisphere.

Puerto Rico’s advantages includes:

  • 4% fixed income tax rate on manufacturing and export services
  • Incentives for infrastructure investments and job creation
  • Over 4,500 acres of free trade zones
  • 60% exemption on municipal license taxes
  • 100% exemption on property taxes for five years for certain export services activities; 90% exemption for the following 15 years
  • 90% exemption on property taxes for manufacturing activities
  • 50% tax credit on eligible research and development activities

 

Executive Director: Mr. Antonio L. Medina-Comas (antonio.medina@pridco.pr.gov)

Services Manager: Mr. Jaime T. Yordan-Frau (jaime.yordan@pridco.pr.gov)

Location: 
Puerto Rico
Telephone: 
(787) 758-4747
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