Fees and timelines in 2024


pay by installmentsIncorporation costs in Year 1 amount to US$11,840 and annual company costs in Year 2 and thereafter amount to US$6,500. The average fee per Puerto Rico engagement is outlined in the table below. These fees include company incorporation, opening corporate bank accounts, project management and all government fees:

Different Puerto Rico entity types Cost Draft invoice
LLC US$11,840 View invoice PDF


The average Puerto Rico engagement time period is 13 weeks as outlined below:

Service LLC
Engagement planning 1 week
Company incorporation period 1 week
Bank Account approval 8 weeks
Internet Banking approval 2 weeks
Engagement completion 1 week
Total engagement period 13 weeks

Engagement planning
(1 week)
Company incorporation
(1 week)
Corporate internet banking approval
(2 weeks)
Engagement completion
(1 week)

Contact us

For additional information on our incorporation services, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Senior Manager, Sales and Business Development
  • Get in touch