Puerto Rico Collection Agency Licensing Requirements:
Licensing Requirement:
Yes
Surety Bond:
$5,000
License Fees:
$100 – Original
$100 – Branch Office
$100 – Renewable
$100 – Investigation
If your business is providing debt collection services in the State of Puerto Rico (PR), you may be required to have a Collection Agency License issued by the Department of Audit's Collection Agency Board.
Furthermore, the State may reject your application if you have not met certain prerequisites** prior to submission.
*This fee may have changed since this page was last updated.
**Prerequisites may include registering with the PR Commission of Financial Institutions of and/or obtaining an Operator/Manager License.
Licensing Requirement:
Yes
Surety Bond:
$5,000
License Fees:
$100 – Original
$100 – Branch Office
$100 – Renewable
$100 – Investigation
If your business is providing debt collection services in the State of Puerto Rico (PR), you may be required to have a Collection Agency License issued by the Department of Audit's Collection Agency Board.
Furthermore, the State may reject your application if you have not met certain prerequisites** prior to submission.
*This fee may have changed since this page was last updated.
**Prerequisites may include registering with the PR Commission of Financial Institutions of and/or obtaining an Operator/Manager License.
