Biography

Odalys M. Fuentes Cruz, CPA, Esq. is a Member of the Corporate Department at O’Neill & Borges LLC. She joined the firm in 2021 and focuses her practice on Puerto Rico tax matters- including income, sales and use tax, property taxes, tax incentives, tax-exempt organizations, and municipal license taxes. She excels in navigating tax incentives law, helping clients negotiate and secure tax-exemption decrees under Act 60-2019 and predecessor tax incentives laws such as Act 20-2012, Act 22-2012, Act 73-2008, Act 74-2010 and Act 273-2012.

Odalys is also a Certified Public Accountant and Notary Public, bringing a dual legal-financial perspective to corporate and tax engagements. Her background as a CPA and attorney enables her to navigate regulatory challenges and provide advice on efficient tax structuring strategies.

Before joining O’Neill & Borges, Odalys practiced at a boutique law firm specializing in Corporate and Tax Law, Tax Litigation, and Estate Planning. Prior to that, she spent five years in the Tax Advisory Division of a major accounting firm in San Juan, where she rose to Manager. In this role, she provided advice on Puerto Rico’s tax matters and tax incentives.

Clients value Odalys for her unique combination of legal and financial expertise, which allows her to offer practical, business-focused solutions in Puerto Rico’s complex tax and incentive landscape. Furthermore, she is dedicated to maximizing tax benefits while guiding clients through every stage of the tax decree process and its compliance.

Odalys earned her B.B.A. (Accounting), magna cum laude, 2010, and her J.D., magna cum laude, 2014, from the University of Puerto Rico. She is admitted to practice in the Commonwealth of Puerto Rico.