COVID – 19: LOCAL Economic Incentives

SURI

$500 incentive for self-employed workers who have their Merchant Register up to date and who have reported this type of income on their contribution chart for the year ended December 31, 2018.  Incentive is requested via SURI and deposited electronically into the bank account specified in that system. For more details, please http://www.hacienda.gobierno.pr/incentivo-500-trabajador-por-cuenta-propia

Department of Economic Development and Trade

Incentive to Small Business: Administrative Order No. 2020-005 granting economic incentives to small and medium-sized enterprises affected by Covid-19. It provides that, among other things, grant a $1,500 incentive to small and medium-sized enterprises, in accordance with the parameters determined by the DDEC.

  • Small and medium-sized enterprises that have fifty (50) employees or less and have a turnover of no more than $10 million.
    1. Be registered as a merchant in SURI and have had your Merchant Registration Certificate in effect as of March 15, 2020.
    2. Not having applied for the self-employed incentive (“DBA”) from the Circular Internal Revenue letter related to the $500 incentive. Under certain parameters, IF you could request the difference of $1,000.
    3. All applications must be filed on or before 1 May 2020.
    4. Fill out the electronic application in https://refuerzoeconomico.com/incentivos-a-pyme

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