IRS

In the current business scenario, Puerto Rico stands out as an attractive destination for investors seeking to take advantage of tax opportunities and enhance their financial growth. Chapter 2 of Act 60 (also known as Act 22) offers a series of tax benefits for individual investors who choose to establish their residence on the island. […]

In today’s dynamic business world, every transaction and financial move carries tax implications that can significantly affect a company’s success. At Gierbolini Consulting Group (GCG), we are committed to helping our clients achieve their business objectives effectively and strategically by providing expert advice on structuring transactions from a tax perspective. With our deep experience and

In Puerto Rico’s ever-changing business environment, tax, accounting and financial management advisory services have become essential to the success and prosperity of businesses. These services not only provide a strategic approach to tax and financial management, but also help organizations stay compliant, optimize their processes and gain a clear view of their financial performance. In

When it comes to seeking strategic investment opportunities, Puerto Rico stands out as an attractive destination for entrepreneurs and investors. In addition to its natural beauty and rich culture, Puerto Rico offers a number of tax advantages and investment opportunities that have captured the attention of companies and individuals looking to expand their operations and

Some FAQs   What’s the difference between BFR-PR and local residency requirements? BFR-PR (a construct defined by the IRS) is actually not required by most if not all act Act 20 / 22 / 60 decrees. For most decrees, only local PR residency status (defined by PR government) is required. locally-defined PR residency is automatically

In Puerto Rico’s dynamic and competitive business landscape, accounting and finance play a critical role in the success and sustainable growth of companies. Not only are they indispensable tools for informed decision making, but they also establish the necessary controls to safeguard assets, ensure the accuracy of financial and operational information, guarantee regulatory compliance, and

Puerto Rico has emerged as a prime destination for entrepreneurs and investors looking to expand their business horizons and take advantage of the numerous opportunities offered by this beautiful Caribbean island. With its strategic location, favorable business environment and a number of attractive tax incentives, Puerto Rico has positioned itself as an emerging center of