Puerto Rico - Ease of doing business
New business density (new registrations per 1,000 people ages 15-64)
New business density (new registrations per 1,000 people ages 15-64) in Puerto Rico was 5.54 as of 2020. Its highest value over the past 5 years was 5.54 in 2020, while its lowest value was 2.12 in 2015.
Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.
Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).
See also:
| Year | Value |
|---|---|
| 2015 | 2.12 |
| 2016 | 2.51 |
| 2017 | 2.69 |
| 2018 | 4.12 |
| 2019 | 5.06 |
| 2020 | 5.54 |
Time required to get electricity (days)
The value for Time required to get electricity (days) in Puerto Rico was 32.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 32.00 in 2019 and a minimum value of 32.00 in 2009.
Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
See also:
| Year | Value |
|---|---|
| 2009 | 32.00 |
| 2010 | 32.00 |
| 2011 | 32.00 |
| 2012 | 32.00 |
| 2013 | 32.00 |
| 2014 | 32.00 |
| 2015 | 32.00 |
| 2016 | 32.00 |
| 2017 | 32.00 |
| 2018 | 32.00 |
| 2019 | 32.00 |
Labor tax and contributions (% of commercial profits)
Labor tax and contributions (% of commercial profits) in Puerto Rico was 13.40 as of 2019. Its highest value over the past 14 years was 14.40 in 2012, while its lowest value was 12.60 in 2005.
Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
See also:
| Year | Value |
|---|---|
| 2005 | 12.60 |
| 2006 | 12.60 |
| 2007 | 12.60 |
| 2008 | 12.60 |
| 2009 | 12.60 |
| 2010 | 14.40 |
| 2011 | 14.40 |
| 2012 | 14.40 |
| 2013 | 13.50 |
| 2014 | 13.50 |
| 2015 | 13.50 |
| 2016 | 13.40 |
| 2017 | 13.40 |
| 2018 | 13.40 |
| 2019 | 13.40 |
Other taxes payable by businesses (% of commercial profits)
Other taxes payable by businesses (% of commercial profits) in Puerto Rico was 20.20 as of 2019. Its highest value over the past 14 years was 26.40 in 2015, while its lowest value was 15.20 in 2005.
Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
See also:
| Year | Value |
|---|---|
| 2005 | 15.20 |
| 2006 | 15.20 |
| 2007 | 15.20 |
| 2008 | 20.10 |
| 2009 | 20.10 |
| 2010 | 20.30 |
| 2011 | 20.50 |
| 2012 | 20.40 |
| 2013 | 20.20 |
| 2014 | 20.20 |
| 2015 | 26.40 |
| 2016 | 20.20 |
| 2017 | 20.20 |
| 2018 | 20.20 |
| 2019 | 20.20 |
Profit tax (% of commercial profits)
Profit tax (% of commercial profits) in Puerto Rico was 30.80 as of 2019. Its highest value over the past 14 years was 32.30 in 2014, while its lowest value was 15.60 in 2012.
Definition: Profit tax is the amount of taxes on profits paid by the business.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
See also:
| Year | Value |
|---|---|
| 2005 | 29.90 |
| 2006 | 29.90 |
| 2007 | 29.90 |
| 2008 | 27.90 |
| 2009 | 27.90 |
| 2010 | 28.90 |
| 2011 | 28.30 |
| 2012 | 15.60 |
| 2013 | 15.90 |
| 2014 | 32.30 |
| 2015 | 27.10 |
| 2016 | 30.80 |
| 2017 | 30.80 |
| 2018 | 30.80 |
| 2019 | 30.80 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Business environment
