The Department of Economic Development and Commerce (DEDC) is committed to publishing information in a responsible and transparent manner. Here, you have access to the most requested public information, quickly and free of charge. Without unreasonable delays, without excuses.
In compliance with OE 2017-010, our Agency has an Information Officer to respond and diligently channel requests for public information from citizens.
Examine the files in this section. If there is public information that is not available, you can contact the Information Officer here. Please note that, in the case of auction files, they are available for inspection upon request of the interested party and a modest reproduction fee may apply, in accordance with current regulations.
This section –like the information– is dynamic. Stay connected for document and file updates. It is your right to be informed and our commitment to guarantee access.
We have achieved the approval of the new Incentive Code of Puerto Rico, which seeks to establish a new efficient process for the granting and inspection of all incentives granted by the Government. This means more agility and transparency in the management of public money destined for the economic development of Puerto Rico. The Return on Investment (ROI) methodology represents the certainty that every penny that the people invest, yields positively to the treasury. Get the Puerto Rico Incentive Code. Important: See also the Information Bulletin No. 2019-003 of the Office of Incentives for Businesses in Puerto Rico with the most updated information on the provisions and procedures of incentives under the code.
Performance Report on Act 20 and Act 22
This year, we reveal the results of the implementation of Act 20 to Promote the Export of Services and Act 22 to Encourage the Transfer of Individual Investors to Puerto Rico, between the years 2015 to 2019. The study, commissioned by the company Estudios Técnicos , Inc. shows that the incentive programs under Acts 20 and 22, made possible the creation of over 36,200 direct, indirect and induced jobs and over $ 2.5 billion in investment in Puerto Rico. Download the document.
Opportunity Zones (OZ)
The Committee of Priority Projects in Opportunity Zones approved a list of all those eligible commercial or business activities recognized as Priority Projects in Opportunity Zones. The Opportunity Zones initiative is now part of the Puerto Rico Incentive Code and would allow promoting the economic development of about 98% of the Island designated as such.
The list of eligible commercial activities or businesses is here.
To find out the provisions included in the Regulations, click here.
Public information on beneficiaries of decrees
In Puerto Rico, the existence of a Decree or other benefit provided by the Incentive Code is considered public information. That is to say; if – for example – an entity has a Decree pursuant to Sections 2031.01 and 2031.02 of the Puerto Rico Incentive Code, (formerly commonly called “Act 20”), the public has access to know it. The names of the Exempt Businesses and the chapter of Subtitle B of the Code under which the Decree was granted are also disclosed. Also public information is the name of the person who has a Decree for being an Individual Investor under Subtitle B- Chapter 2 of the Puerto Rico Incentive Code (previously commonly called “Act 22”) and any other provision contained in the Code. Other related personal information is confidential and will remain protected.
To examine a directory of beneficiaries of tax exemption decrees under various provisions of the Incentive Code, you can use our Disclosure Portal:
As of today, we have disclosed the beneficiaries of:
- Export of Services (formerly known as Act 20)
- Investor Individuals (formerly known as Act 22)
- Medical Professionals (formerly known as Act 14)
- International Financial Entities (formerly known as Act 273)
- Film Industry (formerly known as Act 27)
- Economic Incentives Act (formerly known as Act 73)
- Green Energy (formerly known as Act 83)
In future updates, we hope to disclose the beneficiaries of: Tax Incentives Act of 1998 (formerly known as Act 135), Tourism Development (Act 74), International Insurers (Act 399) and others.
The Government of Puerto Rico has published the fiscal impact of the incentive Acts. Get the first and only version of the Tax Expenditure Report published by the Department of the Treasury.
Annual Reports to the Legislative Assembly and Governor
The DEDC, in its mission to ensure accountability for every dollar invested in economic incentives, reports annually to the Legislative Assembly and the Governor of Puerto Rico on the economic and fiscal impact of the incentives of the Economic Incentives Act for the Development of Puerto Rico. This, until the last version in force under that statute. Subsequent years are reported pursuant to the Puerto Rico Incentive Code. You can obtain a copy of each and every one of these reports, here:
Fiscal Year 2018-2019
DEDC adheres to the strictest standard government procurement guidelines. This section contains tools so that the citizen is informed about how the agencies of the Government of Puerto Rico should behave in their business activities.
Access to Information Request
In compliance with Act No. 141 of August 1, 2019 known as the “Act of Transparency and Expedited Procedure for Access to Public Information”, the DEDC has appointed its Information Officers. These are:
Aimee Rendón-Menéndez, Esq.
Mrs. Soraya Morón Vélez
Mrs. Marta Pacheco Morán