Corporate Business and Tax Law counseling to small, medium, and large companies.
JGL is well known for its experience addressing the interests and needs of corporate entities, boards of directors and shareholders involved in highly competitive industries. From the formation of a business to daily corporate matters and the dissolution of a legal entity, we have represented many of our clients for decades in most aspects of their businesses. These clients range from small family businesses to complex, multinational corporate structures.
The scope of matters handled by our Corporate Business and Tax attorneys include:
- Compliance with Corporate Matters
- Compliance with Government Agencies
- Due Diligence
- Franchise Distributor Counseling
- Municipal Tax Protests
- New Corporate Entities
- Procurement of Permits and Licenses
- Tax Litigation
- Establishment of commercial cargo shipping and logistics businesses, including structuring and registration of the legal entity; procurement of U.S. Customs and Border Protection bonded warehouse, free trade zone, and container freight station permits and bonds; carrier, broker and/or warehousing authorizations from the Puerto Rico Public Service Commission; permits from the Department of Transportation; and negotiating warehouse lease/purchase agreements.
- Procurement of Ocean Intermediary Transport (NVOCC/Freight Forwarder) licenses with the U.S. Federal Maritime Commission.
- Procurement of license for the importation, land transport, and distribution of liquefied natural gas (LNG) within Puerto Rico, including adversarial proceedings that may occur during the licensing process.
- Counseled financial institutions and other clients with the structuring, documentation, and collateralization of multimillion- dollar financial facilities for the construction and purchase of commercial vessels, hospitals, and other structures.
- Assisted clients with regulatory compliance in their industry, such as HIPAA and Anti-Kickback compliance in the hospital industry and U.S. Customs and Border Protection and Jones Act (cabotage laws) requirements in the maritime industry.
- Counseled government agencies and contractors in the negotiation and structuring of business relationships in compliance with government contracting regulations.
- Assisted clients in the negotiation, preparation and execution of multimillion-dollar lease agreements, such as the execution of a lease agreement in excess of fifty million dollars with reimbursement credits of up to fourteen million dollars for the construction of a new pier and other terminal facilities, and the installation of three new gantry cranes, an investment worth more than one hundred million dollars, including the registration of said lease agreement with the Puerto Rico Property Registry.
- Performed due diligence for multimillion-dollar transactions.
- Empire Gas Company, Inc. v. Department of Transportation and Public Works, KLRA201401199, KLRA20140120, Puerto Rico Appeals Court (2012)(Successfully dismissed oppositions in permit process and secured first license issued in Puerto Rico for the import, transport and distribution of liquified natural gas in ISO tanks.)
Over the last 50 years, JGL has assisted many companies seeking to establish or expand their business in Puerto Rico. We make sure that our clients comply with all government regulations to do business in Puerto Rico, including the establishment of new corporate and special entities, both for-profit and non-profit, and the drafting of corporate documents, such as by-laws, shareholder agreements, operating agreements, and partnership agreements. In addition, we ensure that the new business entity is registered and complies with the requirements of all federal, state and local agencies, such as the Treasury Department, the Department of Labor, and the Municipal Revenue Collection Center. Furthermore, we also assist new businesses to procure any franchises, permits and licenses that are necessary for their specific industry, such as the pertinent authorizations from the Federal Maritime Commission, the U.S. Customs and Border Protection, and the Puerto Rico Public Service Commission, Health Department, Transportation Department, Tourism Company, and the Fire Department.
Once a business is running, JGL is also prepared to handle its day-to-day corporate matters, such as general corporate and regulatory advice; structuring of business transactions; creation, negotiation and interpretation of contracts; corporate governance and strategy; tax advice; and general corporate law. In addition, JGL assists clients in the dissolution of legal entities, drafting and negotiation of contracts, and financial transactions.
Many of our attorneys have prior business experience and/or degrees in business administration in areas such as marketing, accounting, general management and economics. In addition, some of our attorneys serve on boards of directors, of both non-profit and for profit entities, and others are shareholders of corporations in the real estate, manufacturing, and supermarket industries. Jorge F. Blasini, a Partner at JGL, has an MBA from Loyola University. In addition, attorney Nelson Román-Méndez, also a Certified Public Accountant, adds the knowledge and experience of a former accounting professor and a senior auditor of an accounting firm to our team. These experiences provide our attorneys with a practical perspective of the business environment that has consistently proven to be an asset to our clients.