Puerto Rico Limited Liability Company / Form a Puerto Rico LLC

Form a Puerto Rico LLC (Limited Liability Company)

Puerto Rico LLC Formation Service $99!*

*Plus state fees for all 50 States and D.C. Prices may vary for USA territories.

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InCorp leads the industry in providing low-cost and high-quality services in forming new Corporations, Puerto Rico Limited Liability Companies (LLCs), or any other form of business entity in all 50 U.S. states, including Washington D.C., Puerto Rico, and the U.S. Virgin Islands!

What Is an LLC?

A Puerto Rico Limited Liability Company (or LLC) is a specific form of business that integrates different beneficial features of corporations, partnerships, and sole proprietorships into a flexible and simple business structure that is widely favored and chosen by many small businesses.

How Can Forming a Puerto Rico Limited Liability Company Help Your Business?

  • Easy to Manage

    The concepts which helped create the LLC structure are intended to provide companies the freedom to contract. This means that owners only need to agree on how their business will operate, and the courts will uphold this agreement. LLCs are not bound to the same legal requirements as corporations, such as recording amendments, resolutions, meeting minutes, and annual board meetings. Most states will remove the asset and liability protection typically granted to the corporate structure if they do not meet these requirements. Nevada is a different example, though, as these corporate procedures are not legally required, and the corporate veil will not be pierced unless there are instances of fraud. Again, various factors will help establish which business structure is the best choice in forming your business.

  • Tax Advantages

    LLCs legally separate the business owners from their businesses (similar to a corporation) but can still choose to be treated like a partnership for tax purposes. In this instance, an LLC wouldn't pay any tax itself; the income would be passed through to the owners in the same fashion as partnerships. The tax rules applied to partnerships are more flexible than corporations, allowing for more freedom in tax planning. Businesses can look for creative ways to take advantage of every possible tax break they may qualify for. Each business's specific situation will indicate whether an LLC or a corporation is the most appropriate for tax purposes.

  • Ability to Raise Capital

    Suppose a business chooses to structure itself as an LLC. In that case, it will have the ability to easily add new owners (called members) to the company, and there is no limit to how many members/investors can be added. These additional members/investors can be comprised of individuals, corporations, trusts, or pension plans and do not need to be within the same state or even within the country. An LLC or corporation can also be formed in a state where its creators do not reside. For instance, you could create an LLC in the pro-business state of Nevada without ever physically having been to that state yourself.

  • Liability and Asset Protection

    Our modern society is a "lawsuit-friendly" environment, and this is why it is important to put a legal barrier between you and your creditors. LLCs operate as entirely separate legal entities from their owners, and in doing so, they separate their owners from the business itself and protect them. The owner is not personally liable for any LLC debt, including debt related to contract or tort. For the most part, the operating agreement can hold any procedures and rules that the participating parties may desire, and when it is put into place, it can exist as is without the need to update or maintain it. The initial drafting of this operating agreement is of key importance because it is necessary to comply with any IRS and state regulations so the LLC can be taxed as a partnership instead of as a corporation.

  • Co-Owner Liability

    In all U.S. states, LLC owners (members) are not typically held personally liable for another co-owner's or employee's wrongdoings. Corporations also protect this type of personal liability, while partnerships and sole proprietorships do not.

    Suppose an LLC is held responsible for negligence or wrongful actions of an employee or another owner. In that case, it can have financial assets or property taken from it due to an unfavorable judgment against it. The innocent LLC members will not be held personally liable; however, the owner or employee who perpetrated the act can be held personally responsible for their actions.

Why choose InCorp Services to form your Puerto Rico LLC?

  • Help Prevent Corporate Identity Theft

    EntityWatch® advises you of changes to help prevent corporate identity theft. Through EntityWatch®, the innovative and proprietary technology developed first by InCorp, our information system ties into most of the state databases to give you up-to-date information on the status of your entities including the filing status, the current registered agent, officers, and directors.

  • Consolidate Expenses

    For multi-state companies, you will receive a consolidated bill for all your business entities in every state hosted.

llc registration testimonial

"They make sure you are compliant for all state laws as an agent. Good company to work with if you are a start-up."

Levent U.

  • Save Money

    For over 20 years we have provided top-tier service with one of the lowest prices in the industry and have only raised our prices one time (while many of our competitors raise their prices on their long-term clients yearly!) Our standard fee to Form your LLC is $99 and to serve as your Puerto Rico registered agent is only $259 per state per year! And you can save even more when you choose multi-year registered agent service.

  • Fast Support and Service

    Over-the-counter expedited business document filing service are available for most states. Receive notification of all service of process forms in real-time and receive said service of process within 24-hours of receipt via Express Mail, facsimile, or email.

  • File Correctly with Expert Assistance

    InCorp provides you the option of filing yourself online with our safe and secure order system, or you can choose to work with our dedicated and knowledgeable staff that will help you with your incorporation or LLC formation. By giving options to our clients, exceptional customer service, and technology, InCorp has distinguished itself as the preferred choice amongst beginners and experienced accounting and law firms for LLC registration as well as registered agent services.

  • Registered Agent Service in Puerto Rico & Nationwide

    Like other business structures, Limited-Liability Companies generally need a registered agent to comply with the law. InCorp will happily help you in this regard.

    Take advantage of the legal protections afforded to you and your business!

Still unsure whether to choose an LLC for your business?

Regardless of what business structure you select, it needs to be for the appropriate reasons. Let us help you in making the right choice!

When forging a new business, it is essential to understand the options around creating your limited liability company. By choosing InCorp, you can know with confidence that our team of expert business specialists is here to provide you with the assistance you need throughout every step of registering your LLC. We will provide you with a comprehensive understanding of all the ways your business structure can benefit you. We can assure you we will beat any of the competition's prices for incorporation, LLC formation, and all other business services or products we present to our customers.

Read our Why Should I Incorporate page or Compare Entity Types page for more information.

Puerto Rico LLC Frequently Asked Questions

"LLC" and "Corporation" have many of the same characteristics. The most important characteristic they share is that they both offer limited liability protection to their owners. Typically, shareholders are not liable for the debts and obligations of the corporation; thus, creditors will not come knocking at the door of a shareholder to pay the debts of the corporation. In a partnership or sole proprietorship, the owner's personal assets may be used to pay debts of the business. With an LLC, the members are not personally liable for the debts and obligations of the corporation. There are many important differences between the corporation and LLC. The entities are taxed differently. An LLC is a pass-through tax entity. This means that the income to the entity is not taxed at the entity level; however, the entity does complete a tax return. The income or loss as shown on this return is "passed through" the business entity to the individual shareholders or interest holders, and is reported on their individual tax returns. With a standard corporation, the corporation is a separately taxable entity. Corporations are treated as separate legal taxable entities for income tax purposes. Therefore, corporations pay tax on their earnings. If corporate earnings are distributed to shareholders in the form of dividends, the corporation does not receive the reasonable business expense deduction, and dividend income is taxed as regular income to the shareholders. Thus, to the extent that earnings are distributed to shareholders as dividends, there is a double tax on earnings at the corporate and shareholder level.

In terms of reporting income, they are quite similar. The LLC is somewhat less restrictive than the "S" corporation. There can be any number of members, and there are few restrictions on who those members may be. They are also a relatively new entity, so there is not as great a definitive body of tax rulings on them as there is with corporations.

Getting started is easier than you think! Click here to build and price your new LLC , or call us at 1-800-2INCORP (1-800-246-2677) today to speak with one of our consultants. We will give you a free consultation with no obligation to purchase!

We can begin today and in some cases (like Nevada), have your corporation formed within 24-hours. All states differ in the turnaround time of their processing of your corporation. However, through relations with the various state offices, we strive to maintain the fastest turn-around times in the industry. Call and speak with one of our consultants to obtain the average turn-around time for any given state.

In most cases, the answer is no. In most states, InCorp assigns itself as the "incorporator" and is able to file all of the paperwork without an officer's signature. Some states require the officer's signatures on the Articles of Incorporation. In those cases, we will overnight the documents to you for your signature and have you return them to us, or use a facsimile signature to fulfill the requirement. In either case, you are not required to be present to form your corporation.

No. This is a common misconception among small-business owners, usually fostered by advice from an inexperienced accountant. Any seasoned advisor will tell you that incorporating is the first and foremost thing you should do when starting a business. Forming an LLC will not only save you taxes but it will also limit your exposure to IRS audits by separating your personal and business expenses.

The title of the document filed in many states to register a limited liability company (LLC) with the state. Also known as articles of formation.

Managers are the individuals who are responsible for the maintenance, administration and management of the affairs of a limited liability company (LLC). In most states, the managers serve a particular term and report to and serve at the discretion of the members. Specific duties of the managers may be detailed in the articles of organization or the operating agreement of the LLC. In some states, the members of an LLC may also serve as the managers.

The owner(s) of a limited liability company (LLC are the Members. Unless the articles of organization or operating agreement provide otherwise, management of an LLC is vested in the members in proportion to their ownership interest in the company.

Puerto Rico State Fees

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How to order an LLC with Registered Agent Service