puerto rico

MEDICAL DEVICES
PUERTO RICO
S M A R T M OV E
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PUERTO RICO |
S M A RT M OV E
MEDICAL DEVICES
13 of the top
20 medical device
manufacturing
companies
in the world have operations
in Puerto Rico.
TOP
INCENTIVES
4% or 8% fixed
corporate income
tax rate
Lowest labor costs
of any U.S. region
Tax credits for
job creation, R&D
expenses, investment
in machinery/
equipment and
locally purchased
products,
among others
Municipal and
property tax
incentives
WHY PUERTO RICO
For over 60 years companies from
a wide range of industries have
established their operations in
Puerto Rico. They have always
recognized the island’s unique
advantages that make it an ideal
investment destination.
A strategic location where you can
find a highly skilled and educated
workforce at a competitive cost
structure, favorable business
environment with some of the most
attractive incentives in the world,
solid government support and a
well established infrastructure; all
within the security of U.S. operating
protections and legal framework.
Puerto Rico is an industrial economic
powerhouse that continues to move
forward with a well-defined vision
and economic development strategy,
attracting new companies and
investments and driving growth. It’s
time you make the SMART MOVE.
THE SMART MOVE
Pacemakers and implantable
defibrillators, surgical instruments, lab
devices, dental equipment and vision
correction lenses of all kinds are
some of the products manufactured
in Puerto Rico and exported across
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PUERTO RICO |
S M A RT M OV E
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MEDICAL DEVICES
IN PUERTO RICO
Angiotech
LifeScan
St. Jude
Boston Scientific
Heraeus
Promed
Vention
Abbott Medical Optics
Cardinal Health
Edwards Lifesciences
Integra Neuro Sciences
TPI
Haemonetics
Pall
Hill-Rom
Becton Dickinson
Medtronic
St. Jude Medical
C-Axis
Fenwal International
Coopervision
Sartorius Stedim Biotech
Covidien
Zimmer
Roche Diagnostics
Classic Industries
Medtronic
Baxter
Medtronic
CR Bard
Stryker
Baxter
Becton Dickinson
Ethicon
Steri-Tech
MEDICAL DEVICE
THE WORLD’S LEADING MEDICAL DEVICE COMPANIES
HAVE PRESENCE IN PUERTO RICO.
t he globe. Among the companies creating these
innovations are Medtronic, Zimmer, CooperVision,
Essilor, Fresenius and Stryker.
Puerto Rico offers a highly attractive incentive package
that includes a fixed corporate income tax rate—one
of the lowest in comparison with any US jurisdiction—
various tax exemptions and special deductions,
training expenses reimbursement, and special tax
treatment for pioneer activities.
PUERTO RICO’S
MEDICAL DEVICES ADVANTAGE
• 78 medical device m
anufacturing plants
• 18,000 employees, highly experienced
with knowledge in GMP, FDA and other
global regulations
• The lowest labor costs of any U.S. jurisdiction
• More than 40 years of medical device
manufacturing experience
• $4.4 billion in exports
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