Puerto Rico Offshore Banking License Application Service

This listing offers the opportunity to apply for an offshore banking license in Puerto Rico. The process is overseen by the Office of the Commissioner of Financial Institutions (OCFI). Obtaining this license provides access to a favorable tax regime, including a 0% tax rate on distributions to non-Puerto Rican shareholders, a fixed 4% income tax rate on net income for Puerto Ricans (increasing to 10% at renewal), and full exemptions from property and municipal license taxes. A 6% tax rate applies to distributions to Puerto Rican resident shareholders. This is an opportunity to establish an international financial entity with significant tax benefits.