Ease of Doing Business Survey Results
Improving the competitiveness and attractiveness of Puerto Rico’s economy to attract more investment and create more jobs is one of the most important structural reforms defined in the Certified Fiscal Plan for Puerto Rico.
Ease of Doing Business reforms entail comprehensive reforms to obtain permits, register properties, and improve ease of paying taxes, among others. To understand where Puerto Rico stands and identify the needs of the business community, the Oversight Board periodically conducts surveys with business owners, with the support of major business associations and nonprofits working on economic development issues. A total of 375 businesses responded to the November-December 2021 survey that was distributed by about 20 professional associations, such as the P.R. Chamber of Commerce, Puerto Rico Manufacturers’ Association, Centro Unido de Detallistas, and PRIDCO’s tenants and their list of companies with incentive decrees, among others.
In its most recent Ease of Doing Business Survey, the Oversight Board asked businesses to:
- Evaluate any recent changes regarding the ease of doing business on the island.
- Better understand businesses’ experiences with related processes (e.g., permitting) in Puerto Rico.
- Capture the business community’s sentiment about the island’s economic path.
- Assess the impact of the COVID-19 pandemic on their firms.
In this section, you can access the survey results and other related information.
The Oversight Board will continue to survey Puerto Rico’s businesses quarterly to determine how the business environment changes and if changes implemented by the Government are seen by the business community as effective.