MPORTANTE NOTICE 

ADMINISTRATIVE ORDER 2022-03: Extension to submit Annual Reports, pay fees and request Extensions (Download)

Pursuant to Chapter 15 of Act 164-2009, as amended, «General Corporations Act,» corporations must file an annual report with the Electronic Registry of Corporations and Entities, administered by the Department of State, on or before April 15 of each year, with the exception of nonprofit religious corporations.

This report must be submitted electronically through the portal of the Government of Puerto Rico at here and/or through the Registry, which may be accessed directly at here or through the Department of State’s web page at www.estado.pr.gov. The report must comply with the provisions set forth in the «Electronic Regulation of Corporations and Entities» Regulation Number 8688 (Download).

Likewise, all limited liability companies are required under Chapter 21 of the General Corporation Law to pay an annual fee on or before April 15 of each year. The payment must also be handled through the Registry, and in accordance with the provisions of the aforementioned Regulations.

Failure to file the annual report or pay the annual fee when due will result in the imposition of penalties, and may result in the cancellation of the corporation or limited liability company.

On the other hand, the registration of a limited liability company in the Registry is valid for one year, and must be renewed before the expiration of this term. Failure to renew on time will result in the expiration of the corporation, which will be subject to the applicable regulations.

Continua..