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January 27, 2021

Puerto Rico established amnesty period for annual corporate reports and LLC annual fees

The Puerto Rico Department of State (PRDOS) has established an amnesty period from January 19, 2021 to February 17, 2021, to file corporate annual reports for tax years before 2020, including 2019 reports, and pay limited liability company (LLC) annual fees for tax years before 2020. If corporate annual reports are filed or LLC annual fees paid during the amnesty period, penalties and additional fees will not be imposed.

For entities that have a payment plan, the amnesty will apply to the remaining balance. Amounts already paid will cover the costs of the annual reports for corporations and the annual fees for LLCs.


Amnesty will only apply to corporations with an active status with the PRDOS and not to those whose certificate of incorporation, organization or authorization to do business in Puerto Rico has been revoked.


Contact Information
For additional information concerning this Alert, please contact:
State and Local Taxation Group
   • Rosa M. Rodríguez (
   • Pablo Hymovitz Cardona (
   • María T. Riollano (
   • Alberto J. Rossy (
   • Alexandra M. Pérez (
   • Carla J Diaz (
   • Karol I. Santiago (
   • Marcel Ramos (
   • Isabel Rivera (
   • Noeliz Suarez (