The Youth Development Program shall create an expedited process for new business that have executed an agreement, as defined in this chapter, to have priority when requesting any government permits, licenses, and certifications required to begin operating in Puerto Rico. The Program shall develop a system to refer new businesses to the government agencies responsible for granting government benefits, issuing certifications and permits, among others.
In order for a new business to request the expedited permit granting process, said new business shall submit a copy of the special youth business creation agreement entered into with the Trade and Export Company which certifies the new business as such. This shall not constitute an impairment to request and obtain permits under the regular procedure established in §§ 9018n y 9018o of this title, known as the “Puerto Rico Permit Process Reform Act”.
The guidelines of the expedited process for permit evaluation and granting shall be included in the Youth Business Development Incentive and Financing Plan, established in § 11194 of this title.
In the administrative context, the Permit Management Office shall use its existing digital information system. However, it shall create a new website to be known as the “Permits for New Business Created by Young Entrepreneurs”, to expedite the permit evaluation and granting process, in accordance with the provisions of this chapter.
History —Aug. 7, 2014, No. 135, § 9.