Client Alerts

Technical Amendments to PR Internal Revenue Code (Act 40-2020)

On April 16, 2020, the Governor of Puerto Rico, Hon. Wanda Vazquez Garced, signed into law Act No. 40-2020, which amends several important provisions of the Puerto Rico Internal Revenue Code of 2011 (the “PR Code”), among other special laws, as part of the measures taken to provide relief during the ongoing Covid-19 pandemic . The .

Puerto Rico Lockdown Extension (EO 2020-33)

On April 12, 2020, Puerto Rico Governor Wanda Vázquez-Garced issued Executive Order No. 2020-033 (“EO 2020-033”), extending the previously mandated lockdown and citizen curfew under Executive Order 2020-029, to now be effective from Monday, April 13, 2020 until Sunday, May 3, 2020, to address the COVID-19 pandemic. EO 2020-033 modified certain rules for the lockdown .

Puerto Rico Executive Order Mandates Total Weekend Lockdown

On April 7, 2020, Governor Wanda Vázquez-Garced issued Executive Order No. 2020-032 (“EO 2020-032”), mandating a total lockdown of all businesses in Puerto Rico effective this weekend from Friday, April 10th until Sunday, April 12th, 2020, with limited exceptions related to prepared food establishments (delivery/dry-through only), pharmacies, gas stations and elderly care centers. EO 2020-32 amends .

DDEC Issues Guidelines for Businesses Exempt from Lockdown

On April 3, 2020, the Department of Economic Development and Commerce (“DDEC”, by its Spanish acronym) issued Circular Letter No. 2020-05 (“CL 2020-05”) to provide further guidance regarding the businesses that are considered exempt and authorized to operate during the mandated lockdown declared by the Governor of Puerto Rico under Executive Order No.  2020-29. On March .

Client Alerts

Technical Amendments to PR Internal Revenue Code (Act 40-2020)

On April 16, 2020, the Governor of Puerto Rico, Hon. Wanda Vazquez Garced, signed into law Act No. 40-2020, which amends several important provisions of the Puerto Rico Internal Revenue Code of 2011 (the “PR Code”), among other special laws, as part of the measures taken to provide relief during the ongoing Covid-19 pandemic . The .

Puerto Rico Lockdown Extension (EO 2020-33)

On April 12, 2020, Puerto Rico Governor Wanda Vázquez-Garced issued Executive Order No. 2020-033 (“EO 2020-033”), extending the previously mandated lockdown and citizen curfew under Executive Order 2020-029, to now be effective from Monday, April 13, 2020 until Sunday, May 3, 2020, to address the COVID-19 pandemic. EO 2020-033 modified certain rules for the lockdown .

Puerto Rico Executive Order Mandates Total Weekend Lockdown

On April 7, 2020, Governor Wanda Vázquez-Garced issued Executive Order No. 2020-032 (“EO 2020-032”), mandating a total lockdown of all businesses in Puerto Rico effective this weekend from Friday, April 10th until Sunday, April 12th, 2020, with limited exceptions related to prepared food establishments (delivery/dry-through only), pharmacies, gas stations and elderly care centers. EO 2020-32 amends .

DDEC Issues Guidelines for Businesses Exempt from Lockdown

On April 3, 2020, the Department of Economic Development and Commerce (“DDEC”, by its Spanish acronym) issued Circular Letter No. 2020-05 (“CL 2020-05”) to provide further guidance regarding the businesses that are considered exempt and authorized to operate during the mandated lockdown declared by the Governor of Puerto Rico under Executive Order No.  2020-29. On March .