The LLC path to Act 60 is open to Puerto Ricans. Bring a licensed advisor.

Any Puerto Rican can form an LLC and apply for an export-services decree; the complexity of the decree argues for professional help, not a solo run.

Valeria Soto Marrero

Columnist, La Isla Que Viene

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Any Puerto Rican can form an LLC and apply for an export-services decree under Act 60. That is the fact the noise about LLCs this week misses. Puerto Rico's primary entity types are LLC and Corporation ^[1], and an LLC needs no minimum paid-in capital ^[2]. The operating agreement is flexible and private ^[3].