Business CPA Services for Puerto Rico Companies
Running a business in Puerto Rico requires accurate accounting, timely compliance, and proactive tax planning. CPA Group PR helps business owners understand their numbers, meet their obligations, and make informed decisions.
Tax Preparation and Planning
Prepare and plan business tax filings with attention to Puerto Rico and applicable U.S. tax considerations.
IVU / Sales and Use Tax Support
Support for understanding IVU responsibilities, SURI filings, and sales tax organization. Puerto Rico's general SUT/IVU rate is commonly described as 10.5% at the state level plus 1% municipal, for an 11.5% aggregate, though special rules may apply.
Payroll Tax Assistance
Payroll reporting, employer-related compliance, and coordination of required filings.
Financial Statements
Compiled financial information, management reports, income statements, balance sheets, and cash flow review.
New Business Startup
Guidance for new entrepreneurs selecting accounting systems, organizing records, and coordinating business registration and tax setup.
Business Advisory
Cash flow planning, budgeting, profit analysis, business structure discussions, and strategic financial guidance.
Annual Corporate Compliance
Support with reminders and documentation related to Puerto Rico annual corporate requirements. Puerto Rico corporations generally use the Department of State's Electronic Registry for annual reports due on or before April 15.