Elisa Vélez Pérez
Member, Alvarado Tax & Business Advisors LLC

Professional Career Highlights

Elisa is a Member at Alvarado Tax & Business Advisors LLC, a firm dedicated to tax and business consulting services, with more than 16 years of experience in the corporate and individual tax advisory areas working for local firms.  In December 2016 she concluded a two-year leave from the Firm to work hand in hand with the Puerto Rico Secretary of Treasury.  Elisa started her career as an Intern and is now a Member of the Firm.

At the Puerto Rico Department of Treasury, she first worked as advisor to the Secretary of Treasury and then as the Assistant Secretary for Tax Policy, where she serviced the tax needs of numerous taxpayers, ranging from salaried to high-wealth individuals, from local to multinational entities, and from small to large taxpayers.  As Assistant Secretary for Tax Policy, she was the Secretary’s principal advisor and responsible for the analysis of complex tax issues, requests for exemptions and tax credits, requests for rulings, closing agreements, and issuance of tax regulations.  She also dealt with numerous tax consultations for the Department and from other agencies of the Commonwealth of Puerto Rico and the Federal Government and was also responsible of the drafting of proposed tax legislation, including the 2015 Tax Reform Bill.

Elisa has extensive experience in handling client tax needs, including tax planning and structuring; dealing with governmental agencies, providing tax assessment on proposed or completed transactions, tax compliance, and handling requests for rulings, closing agreements, exemptions, and tax credits, among others.  She has also served as speaker for various conferences at the Society of Certified Public Accountants and to the general public.

Elisa has a bachelor’s degree in Business Administration, a master’s degree in Business Administration, and a Juris Doctor from the University of Puerto Rico.  She has been admitted to practice law in Puerto Rico and the United States District Court for the District of Puerto Rico.

In addition, Elisa is a member of the Puerto Rico Society of Certified Public Accountants (“PRSCPA”), where she is an active member of the Tax Matters Committee and the Legislative Matters Committee, among others.  During fiscal year 2019-2020 she presided the Lawyer-CPA Committee of the PRSCPA.  In 2020 she was elected by her peers as Director of the PRSCPA, and in 2021 she was elected as Second Vice President of the Board of Directors for the Fiscal Year 2021-2022.


Tel. (787) 999-3001 evelez@nullalvatax.com


  • B.B.A. University of Puerto Rico
  • J.D University of Puerto Rico Law School


  • Certified Public Accountant