PR doubled young entrepreneur tax incentives in 2025, slashed approval times

Economic Development and Commerce Secretary Sebastián Negrón Reichard By THE STAR STAFF The Department of Economic Development and Commerce (DDEC by its acronym in Spanish) doubled the number of young entrepreneur tax decrees approved in 2025, processing 1,041 applications -- 463 more than the previous year. The surge comes after operational reforms that included full digitalization of the process and a significant reduction in documentation requirements, cutting average approval times from...