DDEC now takes an average of 148 days to process a tax-decree application, down 57.1% from the prior period. Its compliance office audited 1,798 decrees in its latest count.
Individual Investors file the most, 3,744 applications, with Export Services next at 3,740. Approval rates range from 39.1% for Tourism to 88% for Individual Investors.
The audits produced 305 deficiency notices; DDEC ended 23 decrees by annulment or revocation, while 887 holders surrendered theirs voluntarily. Since 2020, 31,289 decrees have been filed, and annual filings have grown 7.7-fold.
Filings by category
| Category | Filed | Approved | Approval rate |
|---|---|---|---|
| Individual Investors | 3,744 | 3,296 | 88.0% |
| Export Services | 3,740 | 2,100 | 56.1% |
| Young Entrepreneurs | 2,391 | 1,477 | 61.8% |
| Agriculture | 1,468 | 897 | 61.1% |
| Tourism | 215 | 84 | 39.1% |
| Private Capital Funds | 137 | 83 | 60.6% |
| Air Transport | 15 | 10 | 66.7% |
| International Financial Entities | 12 | 6 | 50.0% |
| Maritime Transport | 11 | 5 | 45.5% |
The breakdown is the one DDEC gives in its historical analysis; it does not cover every decree type.
Compliance
| Measure | FY2025 |
|---|---|
| Decrees audited | 1,798 |
| — Individual Investors | 658 (22% deficient) |
| — Export Services | 1,140 (14% deficient) |
| Deficiency notices | 305 |
| Annulments | 19 |
| Revocations | 4 |
| Voluntary surrenders | 887 |
| Denied | 34 |
| Withdrawn | 27 |
Approvals granted in a year are not the applications from that year, so a year’s approvals can exceed its filings.
Processing time
| Measure | Days |
|---|---|
| Prior period | 344 |
| FY2024 | 148 (down 57.1%) |
Since 2020
| Measure | Total |
|---|---|
| Decrees filed | 31,289 |
| Decrees approved | 21,872 |
| Filings in 2020 | 1,118 |
| Filings in 2025 | 8,599 |
| Approvals in 2025 | 15,008 |
| Growth, 2020 to 2025 | 7.7× |
The program in plain English, the eligibility walkthrough and these same figures are on the Act 60 hub; the report itself is DDEC’s annual incentives report (PDF).
This is the first Act 60 Watch.
Source: DDEC Informe Anual de Incentivos, Ley 60-2019 §6011.08, fiscal year 2024, fetched 2026-07-13; these are DDEC’s own figures to the Legislature, and the compliance audits cover a subset of active decrees.