P.R. Laws tit. 23, § 11081
(1) Leasing.— The use by means of rental of unoccupied property of the Government of the Commonwealth of Puerto Rico.
(2) Puerto Rico Micro, Small-, and Medium-sized Business Promotion Board.— A permanent board composed of the Secretary of the Department of Labor and Human Resources (DLHR), the Executive Director of the Puerto Rico Trade and Export Company (PRTEC), the Chair of the Planning Board, three (3) small- and medium-sized entrepreneurs (representing said sector), and the Executive Director of the Permit Management Office (OGPe, Spanish acronym).
(3) Regional Economic Impact Analysis.— An analysis required to every project proposing a large-scale retail and/or wholesale establishment with sixty-five thousand (65,000) square feet or more of sales area and storage space. Or to any establishment devoted to the retail sale of mixed merchandise with fifteen thousand (15,000) square feet or more of sales area and storage space.
(4) Microbusiness.— A business or enterprise whose annual gross income is less than five hundred thousand dollars ($500,000) and has seven (7) employees or less.
(5) Small-sized business.— A business or enterprise whose annual gross income is less than three million dollars ($3,000,000) and has twenty-five (25) employees or less.
(6) Medium-sized business.— A business or enterprise whose annual gross income is less than ten million dollars ($10,000,000) and has fifty (50) employees or less.
(7) Expansion.— To add square footage or to establish new locations.
(8) Establishments devoted to the sale of mixed merchandise.— Businesses devoted to the sale of taxable and non taxable items, as defined under §§ 30011 et seq. of Title 13, better known as the “Internal Revenue Code for a New Puerto Rico of 2011”, and the Sales and Use Tax (IVU, Spanish acronym) regulations of the Department of the Treasury.
History —June 11, 2014, No. 62. § 2.