At LemVega Capital®, our decision to base operations in Puerto Rico under the Act 60 Tax Exemption is a strategic move to enhance growth, innovation, and value creation for our clients.
Understanding Act 60: Why Puerto Rico?
Act 60, also known as the Puerto Rico Incentives Code, provides substantial tax benefits to attract global businesses and investors. It offers:
• A 2% fixed income tax rate for the first 5 years (rising to 4% thereafter).
• Up to 100% exemption on property and municipal license taxes.
How Does This Benefit Us?
Operating in Puerto Rico, considered a tax haven, enables us to:
• Maximize profitability by reducing tax obligations.
• Reinvest savings into innovative strategies and new market opportunities.
• Maintain a competitive edge with a leaner operational model and a focus on growth.
Strategic Flexibility and Compliance:
While we leverage these benefits to expand globally, we remain under the umbrella of U.S. financial regulations, maintaining full compliance with SEC and FINRA standards. This means we combine the strategic advantages of Puerto Rico's business-friendly environment with the trust and transparency expected by our clients and partners.
By aligning the benefits of Act 60 with rigorous oversight by U.S. financial authorities, LemVega Capital® is uniquely positioned to deliver exceptional value, innovate, and grow while supporting the economic development of Puerto Rico.
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