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The government-owned corporations of Puerto Rico —or public corporations (Spanish: corporaciones públicas)— are a set of corporate entities owned entirely or in large part by the executive branch of the government of Puerto Rico or by its municipalities.
The Department of State of Puerto Rico was established by section 6 of Article IV of the constitution passed on July 25, 1952. [1]The Department headquarters is located in the Old Palace of the Royal Intendency (Antiguo Palacio de la Real Intendencia) in Old San Juan with regional offices in Arecibo, Fajardo and Ponce.
The Puerto Rico State Insurance Fund Corporation —Spanish: Corporación del Fondo del Seguro del Estado (CFSE)—is a government-owned corporation of Puerto Rico that provides workers' compensation in Puerto Rico.
— register of the majority of juridical persons types, a well as other collective (private) legal entities (there are, however, numerous exceptions, see List of official business registers#Registers of businesses excluded from registration as entrepreneurs); assigns a registration number (numer KRS), mandatory to be exposed on all outbound ...
Article IV of the Constitution of Puerto Rico vests the executive power on the Governor. [1] The Governor has a duty to enforce state laws, to convene the Legislative Assembly, the power to either approve or veto bills passed by the Legislative Assembly, to appoint government officers, to appoint Justices, and to grant pardons.
Furthermore, half of the portion that belongs to the state government is destined to the Urgent Interest Fund Corporation (COFINA) to pay the public debt of Puerto Rico, making it a three-tier tax. In July 2006, the government approved Law Number 117, The 2006 Contributive Justice Law, which established a tax with a 5.5% rate at state level and ...
The Department of Transportation and Public Works (DTOP; Spanish: Departamento de Transportación y Obras Públicas) is the Executive Department of the Commonwealth of Puerto Rico that regulates transportation and public works in Puerto Rico. [1] [2] The agency's headquarters are located in San Juan. [3]
A corporation is a legal entity which consists of a group of people who have formed some association for business, or non-profit purposes, and have been recognized by some public agency as a corporation. There are several types of commercial, and non profit corporations.