SMART MOVE AEROSPACE & MROaaipr.upr.edu/.../uploads/2017/05/59141-2-Aerospace-Ing.pdf• Infotech...

tourismenergy insurancefinance

WHY PUERTO RICO

Puerto Rico provides a strategic location where you can find a highly skilled and educated workforce at a competitive cost structure, favorable business environment with some of the most attractive incentives in the world, solid government support and a well established infrastructure; all within the security of U.S. operating protections and legal framework.

THE SMART MOVE

Puerto Rico has embarked on an ambitious journey to create a new industry cluster and become an aerospace engineering and MRO services powerhouse. Several high profile companies recognize the compelling value proposition that Puerto Rico represents. The Island is already home for leading companies such as:

• Lufthansa Technik• Honeywell Aerospace• Pratt & Whitney• Axon Puerto Rico• Infotech Aerospace Services• UTC Aerospace Systems• Essig Research• Lockheed Martin• Florida Turbine• Phoenix Cables Inc.• Infosys BPO

STRATEGIC LOCATION

Since 1898, Puerto Rico has been a U.S. jurisdiction. Located in the northeastern Caribbean, its strategic location, midway between North and South America, makes it the perfect gateway between both continents.

A privileged location, a solid business environment and diversified industrial platform along with a skilled and educated workforce, world class infrastructure, innovation centers and strategic partnershipsmake Puerto Rico a powerful choice for investment.

BUSINESS ECOSYSTEM

• Extensive and highly experiencedsupply chain

• Puerto Rico Aerospace Technology Consortium

STRONG INFRASTRUCTURE

• International & regional airports/U.S. customs entry point

• 25 million sq. ft. of industrial space at very low rates

• PRIDCO offers 139 industrial parks certified as Foreign Trade Zones

• World-class events and meeting facilities• 11 Seaports & Trans-shipment seaport with Post-Panamax vessel capability

• Island-wide broadband and internet service

• Fiber optic network capability

Employs over3,500 people

$121 M committednew investment since 2013

Top educationalengineering programs

Unique Tax Incentives Program

22,435 STEM (Science, Technology, Engineering and Math) degrees awarded (41% of total degrees awarded in 2013)

ITAR and Defense Contracting Opportunities

A E R O S P A C ESNAPSHOT

BUILD A PROFITABLE AEROSPACE, MRO, AVIATION AND DEFENSE BUSINESS IN PUERTO RICO

P U E R T O R I C OSMART MOVE

AEROSPACE & MRO- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AEROSPACE

S M A R T M O V E | P U E R TO R I CO - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -S M A R T M O V E |

F A C E B O O K . C O M / P R I D C O T W I T T E R . C O M / F O M E N T O P R I D C O

P U E R TO R I CO- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

PRIDCO.COM

PRIDCO.COM

ECONOMIC & TAX ADVANTAGE

Puerto Rico offers a highly attractive incentives package that includes a fixed corporate income tax rate, which is one of the lowest in comparison with any jurisdiction, various tax exemptions and special deductions, training expenses, reimbursement, and special tax treatment for pioneer activities.

Manufacturing / MRO

• 4% income tax rate, 12% withholding on royalty payments

• 100% exemption on dividend distributions for Puerto Rico residents

• 100% special deductions for building,machinery and equipment investments

• 25% tax credit for the purchase of locally manufactured products

Sales & Distribution (Hub-Services)• 4% income tax rate for export• Pre-qualified foreign trade zones throughout Puerto Rico

MAKE THE SMART MOVE IN PUERTO RICOVISIT US AT PRIDCO.COM FOR MORE INFORMATION.

Services• 4% income tax rate for services rendered

to foreign markets including the U.S.• 100% exemption for earnings distribution

for Puerto Rico residents• 90% exemption on real estate and personal

property taxes• 60% exemption on municipal license taxes

AEROSPACE COMPANIES& SUPPLY CHAIN

SUPPORT SERVICES/ INFRASTRUCTURE

I N P U E R TO R I COAEROSPACE

OPTI Manufacturing

José AponteDe La TorreAirport

Artlet Aviation

UTC Aerospace

Florida TurbinePratt & Whitney

Lockheed Martin

Honeywell AerospacePhoenix Cables Inc.Lufthansa Technik

Infosys

Rafael Hernández Airport

Turabo University

Polytechnic University

Puerto Rico AviationMaintenance Institute

Luis Muñoz Marín Airport

Seaborne AirlinesEcolift

Turabo University

Turabo UniversityEast University

Interamerican University

Interamerican UniversityAeronautical & Aerospace

Institute of Puerto Rico


National Astronomy andIonosphere Center(Arecibo Observatory)Axon Puerto Rico

Infotech Aerospace Services

Las AméricasTechnology Park

Honeywell Aerospace

Essig Research

University of Puerto Rico

ACADEMIA




OPTI Manufacturing


Artlet Aviation

UTC Aerospace


Lockheed Martin


Infosys


Turabo University





Turabo University









Honeywell Aerospace

Essig Research


ACADEMIA




OPTI Manufacturing


Artlet Aviation

UTC Aerospace


Lockheed Martin


Infosys


Turabo University





Turabo University









Honeywell Aerospace

Essig Research


ACADEMIA

S M A R T M O V E | P U E R TO R I CO - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -S M A R T M O V E |

F A C E B O O K . C O M / P R I D C O T W I T T E R . C O M / F O M E N T O P R I D C O

P U E R TO R I CO- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

PRIDCO.COM

PRIDCO.COM

Authorized by the Puerto Rico Election Commission, CEE-SA-16-2549

SMART MOVE AEROSPACE & MROaaipr.upr.edu/.../uploads/2017/05/59141-2-Aerospace-Ing.pdf• Infotech...

Documents

Transcript of SMART MOVE AEROSPACE & MROaaipr.upr.edu/.../uploads/2017/05/59141-2-Aerospace-Ing.pdf• Infotech...