World Free Zones OrganiZation PUERTO RICO

World Free Zones OrganiZation
Index cards by country
Puerto Rico
Foreign Trade Zones, Subzones
Index cards realized by the University of Reims, France
Conception: F. Bost
Data collected by D. Messaoudi
Map and layout: S. Piantoni
WFZO Index cards - Puerto Rico
Official Terms for Free Zones
Year of promulgation of the first text
of law concerning the Free Zones
Foreign Trade Zones
1947
Exact number of Free Zones
Possibility to be established as Free
Points
3
Yes (Subzones)
Table of contents
Free Zones...........................................................................................................................................4
General information.........................................................................................................................................................................4
Contacts................................................................................................................................................................................................5
List of Free Zones..............................................................................................................................................................................5
Free Zones Web sites selection....................................................................................................................................................5
Bibliography.......................................................................................................................................6
2
Guayanilla
!
"
n° 163
" FTZ
Ponce
Ponce
© Sébastien Piantoni - Conception: François Bost
EA 2076 Habiter - University of Reims - 2015
Map Projection: WGS 1984
Public Free Zones
Main roads
Main cities
International borders
0
200
(meters)
500 1000
Elevations
FREE ZONES IN PUERTO RICO
Guánica
!
Foreign Trade Zone
n° 7
" FTZ
Puerto Rico
"
Mayaguez
"
Moca
"
Arecibo
"
"
Caguas
Guayama
!
"
Carolina
"
FTZ n° 61
San Juan Foreign
Trade Zone
Bayamón
San Juan
"
!
Fajardo
10 km
WFZO Index cards - Puerto Rico
3
WFZO Index cards - Puerto Rico
FREE ZONES
General information
Number of active companies in Free Zones
102 companies in 2009
Main sectors of activity
Pharmacy, electronic products (Microsoft, Hewlett-Packard, Siemens, etc.) and
electrical, scientific and medical instruments.
Total job numbers
11 126 jobs in 2009
Distribution of
investors
No information
Exports and sales
No. 7 : 1.148.52 $ millions
No. 61 : 104.58 $ millions
No. 163 : 7.84 $ millions
Free zones contribution
to the national economy
No information.
Corporate Tax
Manufacturers operating in the FTZ are exempt from duties on imports of raw
materials. Sales taxes are payable only on goods sold within Puerto Rico. Firms
that export outside of the U.S. stand to gain the most, because federal taxes are
not levied on finished goods.
Puerto Rico’s FTZs also provide savings to manufacturers exporting to the U.S.
mainland – the destination of more than 82% of all island exports. Companies can
opt to pay duties on either the finish product or on the aggregate value of the raw
materials, whichever is less.
(http://www.pridco.com/why-puerto-rico/incentives/Pages/Free-Trade-Zone.aspx)
• Deferment of federal customs duties;
• Deferment of Puerto Rico excise taxes;
• 100% exemption on Municipal License Taxes on exports outside of the United
States;
• 100% exemption on tangible property and equipment used
• 60% exemption on the value of the property that is designated intangible
• 100% exemption on exports from the zone and sub-zones.
Free Zone law
U.S. Foreign-Trade Zones Board
http://enforcement.trade.gov/ftzpage/index.html
http://enforcement.trade.gov/ftzpage/grantee/regs.html
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WFZO Index cards - Puerto Rico
Contacts
FTZ No. 7 Mayaguez Grantee:
Puerto Rico Industrial Development Corporation
355 FD Roosevelt Ave., Suite 305,
Hato Rey, PR 00918
Maria Isabel Romero
(787) 758-4747 x4417
Fax (787) 754-9640
[email protected]
FTZ No. 61 San Juan Grantee:
Puerto Rico Trade and Export Company
Box 195009, San Juan,
PR 00919-5009
Myra Díaz
(787) 294-0101 x4100
Fax (787) 793-0505
[email protected]
http://www.comercioyexportacion.com
FTZ No. 163 Ponce Grantee:
CODEZOL C.D.
P.O. Box 333, Mercedita,
PR 00715-0333
Johnny Fernandez
(787) 259-4445
Fax (787) 841-5522
www.zonalibredelsur.com
List of Free Zones
Name
FTZ n° 7 –
Puerto Rico
Foreign Trade
Zone
FTZ n° 61
– San Juan
Foreign Trade
Zone
FTZ n° 163
Location
Mayagüez
surface area
4,554 acres
Guaynabo area, on the northern
coast of Puerto Rico.
-
Ponce, on the southern coast of
Puerto Rico
-
Observations
Administered by Puerto Rico Industrial Development Company. It is the largest non-contiguous
FTZ in the U.S.
23 firms and 7 820 jobs
Administered by Compañía de Comercio y
Exportación.
62 firms and 2 398 jobs
Administered by CODEZOL
17 firms and 908 jobs
Free Zones Web sites selection
• http://enforcement.trade.gov/ftzpage/letters/ftzlist-map.html
• http://www.nreyes.com/ftz.htm
• http://www.comercioyexportacion.com
• www.zonalibredelsur.com
• http://www.gdbpr.com/
• http://puertoricoguia.org/files/guia_web_12_13v2.pdf
• http://enforcement.trade.gov/ftzpage/index.html
5
WFZO Index cards - Puerto Rico
BIBLIOGRAPHY
BARBIER J.-P. (1990), « Zones franches industrielles d’exportation : solution ou illusion ? », Afrique contemporaine, n° 153, p. 72-80.
CLEGG, P. and PANTOJAS‐GARCÍA, E.(eds) 2009, Governance in the Non-Independent Caribbean: Challenges
and Opportunities, Kingston, Ian Randle.
DANIEL, J. éd., 1996, Les îles caraïbes: modèles politiques et stratégies de développement, Paris, Karthala.
MORALES CARRIÓN, A., 1981, « Puerto Rico and the United States: a Historian’s Perspective » , Revista del
Colegio de Abogados de Puerto Rico, pp. 1–20.
Dommen E., 1987, Les zones franches industrielles d’exportation (ZFIE) dans les îles, Iles tropicales : insularité,
insularisme, coll. Iles et archipels, n°8, Bordeaux-Talence : Cret-Cnrs, p. 228-239.
Heesterman J.-E., 1956, Industrie, Le Caraïbe, Vol. 10, n°4 Port of Spain (Trinidad) : Commission des Caraïbes, p.
11-85.
Huetz de Lemps C. ,1971, « La place des plantations dans l’économie portoricaine », Les Cahiers d’Outre-Mer,
n°96, p. 329 -393.
Huetz de Lemps C, 1972, La place des plantations dans l’économie portoricaine (deuxième partie), Les Cahiers
d’Outre-Mer, n°97, p. 57-97.
National Association of Foreign-Trade Zones, 2009, The impact of Foreign-Trade Zones on the 50 states & Puerto
Rico, http://www.naftz.org/wp-content/uploads/2012/10/2011-State-by-State-Study.pdf
6