Puerto Rico
Puerto Rico offers a unique 'dual sovereignty' environment, governed by standard US federal oversight while Puerto Rican law takes precedence in corporate and insurance matters. It maintains an International Insurance Center as a one-stop regulatory shop for over 450 active captives. Pure captives utilize a 5:1 premium to surplus ratio, while association captives cap third-party risks at 20%.
Quick Facts
Minimum Capital & Surplus
| Structure Type | Minimum Capital |
|---|---|
| Pure | $500,000 (combined capital/surplus) |
| Association | $750,000 (surplus only) |
Regulatory Framework
Puerto Rico Insurance Code
Tax Environment
Preferred tax environment; Class-based application fees
Regulatory & Statistical Profile
Statistical profile pending verification for this domicile.
checklist Authorized Captive Structures
List of authorized captive structures pending verification.
payments Fees & Solvency Compliance
gavel Regulatory Contact Office
Considering Puerto Rico for Your Captive?
Our consultants provide end-to-end guidance on domicile selection, feasibility, and formation. Let us help you determine if Puerto Rico is the right fit.