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Puerto Rico

Contracting in Puerto Rico is acceptable but not common for individuals and has some subtle nuances. There are hidden on-costs for employers. Some local taxes over and above the federal tax and social system apply. To facilitate contractors and foreign nationals working in Puerto Rico, forward planning is of the essence. USA has entered into Double Taxation Treaties with most countries.

For foreign national contract workers, contracting in Puerto Rico, it would be wise to consult with CXC Global on the best way to structure, and how best to balance your taxation.

  • With our extensive experience and expertise in contractor management, and assisting organizations with their contingent workforce, CXC Global has the resources and solutions to manage the administration process associated with contracting in USA, facilitating accounting services and administration, local tax calculations, social security registration, tax balancing and preparation of personal income tax return at the end of the tax year

In – country services include

  • Access to local accountant
  • Local tax registration
  • Monthly payroll calculations and statutory obligations taken care of
  • Wealth creation planning and guidance
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