NEW YORK--(BUSINESS WIRE)--This coming June 29, New York’s Park Hyatt will host The Puerto Rico Tax Incentive Conference, an event focused on the Island’s tax incentives and competitive advantages, that make it an ideal investment destination. After several successful summits held on the Island during the past three years, this new event moves to the heart of New York City. Hosting US investors and entrepreneurs, the event will bring experts to explain first hand the wide variety of competitive advantages Puerto Rico offers as an investment opportunity.
The conference, a private event hosted by BDO, PMA Law, and PRISA Group, will cover detailed insights on the investment incentives the Island offers, which are unmatched in any state of the nation, as well as other incentives in specific areas, including insurance, film, and manufacturing. The event will focus on the benefits that Acts 20 and 22 provide including a 4% corporate incentive for businesses in Puerto Rico exporting services and 100% tax exemption on capital gains from eligible services, respectively.
To date, 1,600 Act 20/22 decrees have been awarded. Real estate investor John Paulson has taken advantage of these incentive laws, acquiring a resort, two hotels and multiple ocean-front properties.
Gabriel Hernández, CEO of BDO Consulting and Edgar Ríos, Tax Partner at PMA Law – both local experts in tax structures and law – will share valuable information in regards to Acts 20/22, tax incentives for individuals and exports services, and new private equity laws, among others. Joining them Friedel Stubbe, CEO of PRISA Group will discuss about the experiences of living in Puerto Rico and the competitive advantages that may benefit entrepreneurs.
Due to its accessibility, infrastructure, federal compliance and established regulations to protect business investors, Puerto Rico is even more competitive than Miami or Singapore, making it an ideal jurisdiction for investors. The Puerto Rico Conference will be held on Wednesday, June 29, 2016, and will run from 6:00 p.m. to 8:30 p.m.
For more information and to register, visit prtaxconference.com.