Enjoy an effortless company registration in Cuba with Enterworld. Leverage strategic location, 100% foreign ownership and low operational costs for maximum global growth in Cuba! We have registered 500+ companies in Cuba with a 99% success rate.
4+ Decades of Community Experience
20,000+ Founders Trust Us
Get free tips and resources right in your inbox.
Enterworld offers affordable solutions for company formation in Cuba for foreigners.
2 to 6 weeks
Company Registration
No
Travel Required
100%
Foreign Ownership
Yes
Local director
SPecial offer
Company registration in Cuba as a joint stock company, locally known as Sociedad Anónima or S.A., is a structure with limited liability for shareholders. The Cuban joint-stock company is a separate legal entity with its shareholder’s personal assets and liabilities, providing protection and legal distinction between the company and its owners.
It also offers access to raise capital through the issuance of shares and allows for greater flexibility in ownership and investment. However, the cost for the compliance in this company structure is higher, requires annual financial reporting and requires adherence to corporate governance standards. You will also be required to register for a tax identification number (TIN) and pay a corporate income tax (CIT) on profits.
Register a company in Cuba as a limited liability company, locally known as Sociedad de Responsabilidad Limitada (S.R.L.), to benefit from limited personal liability. For incorporation of a limited liability company in Cuba, you will need a minimum of two shareholders.
This structure offers various benefits such as flexibility in management, the costs for compliance being lower than a joint stock company and a limited liability where your personal assets are protected from the debts of the company. However, you will have limited access to the capital markets to raise funds and will require annual financial reporting, submit details on the meetings of the shareholders and require compliance with company law.
Company registration as an Empresa Estatal (E.E.) is a structure of a company or enterprise that is owned by the state with limited liability. This structure will give you access to excellent government support and benefits but will require you to ensure compliance with the government’s regulations.
Through this structure for company formation in Cuba, you can also have the potential to conduct large-scale operations in the country. The legal obligation of the empresa estatal structure is that you will have to submit annual financial reports to the government agencies. Additionally, you will have to register for a tax identification number (TIN) and will be required to pay a corporate income tax (CIT) on net profits.
Online company registration in Cuba as a branch office is for foreign investors. As a foreign entrepreneur, you will be required to show proof of the parent company’s operations in your home country for a minimum of five years and have experience of business in Cuba for three years with Cuban entities.
You will also need to pay a minimum capital of $50,000 before incorporation. This structure will be required to register with the Cuban Chamber of Commerce and Commercial Register. For a branch office, you will enjoy benefits such as 100% foreign ownership, full control over business operations, and access to local markets without the need for a Cuban partner.
Cuba is a beautiful country offering a growing market for both regional and international entrepreneurs. From access to a skilled workforce and tax benefits to diverse, thriving industries, Cuba presents a promising environment for business development and investment, which makes company registration in Cuba a top choice for entrepreneurs
Cuba has access to a skilled workforce with a minimum wage, which creates an advantage for the new entrepreneurs. Businesses looking for affordable labour that is also qualified can benefit from reduced operational costs while maintaining productivity. It is one of the significant features of company incorporation in Cuba.
Cuba has a thriving tourism sector, which is the major industry in the country for its economic growth. It also offers excellent opportunities for foreign investment in this sector and has great potential for businesses such as cab services, B&Bs and homestays.
Cuba has special economic zones in the country for different businesses, which offer various incentives to entrepreneurs. Benefits include tax incentives, tax exemptions, and a platform for exports, easy trade and well-developed infrastructure.
Cuba offers numerous benefits for its regional and global entrepreneurs, including access to untapped markets, tax incentives, 100% foreign ownership in selected industries, and a strategic location bridging North and South America. The key benefits of Cuba business registration for foreigners are mentioned below-
+1k Customers
Cuba offers attractive tax benefits for foreign entrepreneurs, such as special tax systems that help you avail lower tax rates and provisions related to Minimum Alternate Tax, ultimately reducing your overall tax burden and enhancing profitability.
Cuba actively supports and promotes businesses focused on exports and tourism through special programs, incentives, and government-backed initiatives that help you enter the global market and grow in the industry.
As a foreign entrepreneur, you can enjoy 100% foreign ownership that will allow you to have complete ownership and control over your business operations. This gives you the freedom to make independent decisions without any restrictions.
Cuba has low-cost labour with a minimum wage, which can be a big advantage for entrepreneurs starting a business in the country, allowing you to enhance operational costs while maintaining a skilled and educated workforce. It is one of the key benefits of company registration in Cuba.
As a foreign entrepreneur, your investment is legally protected in Cuba according to the Constitution of Cuba. Your investment is also protected from political changes, making Cuba a stable and secure environment for long-term business growth.
Cuba is strategically located for business, positioned near the Panama Canal and at the heart of the Caribbean, offering easy access to key markets in North, Central, and South America. This attracts global entrepreneurs for Cuba business registration.
The country is rich in natural resources such as oil and gas, minerals and timber. Cuba is also rich in agricultural products, mining and renewable energy. These natural resources offer significant opportunities for investment.
The economic reform in Cuba have established a growing private sector in the country which have created many opportunities for regional and global micro, small and medium enterprises (SME) in the country. It’s one of the vital benefits of company registration in Cuba.
The documents required for company registration in Cuba are as follows: The cost of company registration in Cuba will depend on the business activity you choose and the size of your company. The average cost of company registration in Cuba is USD 37,500. There may be additional ongoing costs for business licenses, permits, and regulatory approvals required to operate legally in the country. The legal structures available for company registration in Cuba are as follows: Yes, Cuba allows foreign entrepreneurs to start a company in Cuba. Although the process of company registration in Cuba is complex because of the long list of requirements by the government agencies. The government allows 100% foreign ownership for foreign companies, tax benefits, a growing private sector, a growing market and a well-developed legal system for foreign entrepreneurs. To register a business in Cuba, you will have to follow the following steps which include: The thriving industries for Cuba business registration are tourism and hospitality, which is a major industry in the country for generating revenue and providing employment opportunities to the citizens of Cuba. The government is also actively supporting private sectors with major opportunities for the tourism industry. The other thriving industries in the country are agriculture, biotechnology, mining, manufacturing of textiles and furniture, and the private sector offering services such as IT, homestays, etc. The time required for company registration in Cuba is from 2 to 6 weeks, depending on your type of business and the structure you choose. It will take longer for a foreign company than a Cuban company to register a company in the country. The process will involve multiple steps and requires obtaining initial approval from the Ministry of Foreign Trade and Foreign Investment (MINCEX). Starting a business in Cuba can be quite challenging due to the country's numerous restrictions and tightly regulated bureaucracy. These factors create significant obstacles for both local and international businesses seeking to establish and operate successfully. Entrepreneurs often face delays in approvals, limited access to financing, and constraints on specific sectors of industries for 100% foreign ownership. Despite these challenges, entrepreneurs continue to find promising opportunities in sectors like tourism and hospitality, agriculture, and renewable energy. The corporate income tax (CIT) rate in Cuba for foreign owned companies is 35% and Cuban owned companies is 12%. All businesses established in the country are required to pay CIT. Income earned by foreign companies without a permanent establishment in Cuba is taxed at a flat rate of 4%, with no deductions. Companies must also register for a Tax Identification Number (TIN) with the Cuban tax authorities to comply with local tax regulations. The regulatory authority for company registration in Cuba is the Office of the Commercial Registry. This This office is under the authority of the General Directorate of Registries and Notaries of the Ministry of Justice of Cuba. The three legal frameworks for regulating the Cuban companies are as follows: The economic system of Cuba is planned, with most of the enterprises and businesses owned by the government having a centralized control over the important industries in the country. The country’s 80% of the population is employed in the government, reflecting the government’s dominant role in economic activities and decision-making.
Blooming Sectors in Cuba
Ideas for Company Formation in Cuba for Non-residents
Tourism and Hospitality
Agriculture and Organic Farming
Biotechnology Industry
Eco-tourism Sector
Pharmaceutical industry
Renewable Energy
Mining Sector
Homestays
IT and Digital Services
Manufacturing
Natural Resources
Textiles Manufacturing
10 Reasons to Choose Enterworld
Empowering Entrepreneurs in 50+ Countries
FAQs on Online Company Registration in Cuba
We are glad to share encouraging words from our clients. Have a look at the testimonials.
5.0
“I had a very disappointing experience with Enterwold. I paid 100% advance for a government certificate after they assured me it would be completed wit..
dhirendra Singh
Verified Customer
Enter the following information to connect with an Enterworld Advisor.
Enter your information to order and start service.