Quote:
Originally Posted by Kelhus100
US Corporations can set up operations as easily in Puerto Rico same as in the states?
I assumed there would be some differences. If not, then fair enough.
There are some differences, as there are with individual states in continental US. But three things:
1. Puerto Rican businesses are American businesses just like Texan businesses are American businesses.
2. Many of the largest companies in Puerto Rico are recognizable names in continental US. Simon for example owns one of the largest shopping malls in Puerto Rico.
3. They use USD and are officially served by the Federal Reserve
To the extent Puerto Rico has brands/businesses not well known in continental US, it is more as the result of geography than as the result regulatory issues.