Source-cited draft: company formation & entity choice for Cuba (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.
General reference only
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Source-cited draft. This skill is source-cited but has not been reviewed by a licensed practitioner. It may be incomplete, outdated, or wrong.
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| Entity types and incorporation | Private Cuban businesses are most commonly formed as MIPYMEs (micro, small and medium enterprises) using the legal form of a sociedad de responsabilidad limitada (SRL), registered by public deed in the Commercial Registry (Registro Mercantil). Foreign investors typically participate through a joint venture (empresa mixta), an international economic association contract, or a wholly foreign-owned enterprise under the Foreign Investment Law. | |
| MIPYME legal form | Sociedad de Responsabilidad Limitada (SRL / limited liability company) with legal personality, registered by public deed in the Registro MercantilDecreto-Ley sobre las Micro, Pequeñas y Medianas Empresas (MIPYME) | |
| MIPYME size — micro | 1 to 10 employeesDecreto-Ley sobre las MIPYME | |
| MIPYME size — small | 11 to 35 employeesDecreto-Ley sobre las MIPYME | |
| MIPYME size — medium | 36 to 100 employeesDecreto-Ley sobre las MIPYME | |
| Foreign joint venture (empresa mixta) | A Cuban sociedad anónima with registered (nominative) shares held by one or more Cuban and one or more foreign investors; authorized by MINCEXLey No. 118 de la Inversión Extranjera | |
Private Cuban businesses are most commonly formed as MIPYMEs (micro, small and medium enterprises) using the legal form of a sociedad de responsabilidad limitada (SRL), registered by public deed in the Commercial Registry (Registro Mercantil). Foreign investors typically participate through a joint venture (empresa mixta), an international economic association contract, or a wholly foreign-owned enterprise under the Foreign Investment Law.
Other Cuba computations in the OpenAccountants library.
| Foreign investment forms |
| Joint venture (empresa mixta), international economic association contract (no new legal entity), and wholly foreign-owned enterpriseLey No. 118 de la Inversión Extranjera |
| Capital split (joint venture) | The proportion of capital contributed by national and foreign investors is agreed between the partners and set in the authorization (no fixed statutory split)Ley No. 118 de la Inversión Extranjera |
| Minimum share capital | No general statutory minimum share capital is fixed for MIPYMEs/SRL; foreign-investment capital is set case-by-case in the authorizationDecreto-Ley sobre las MIPYME; Ley No. 118 de la Inversión Extranjera |
| Incorporation steps | Application/approval (Ministry of Economy and Planning for MIPYME; MINCEX for foreign investment), execution of the constitutive public deed before a notary, and registration in the Commercial Registry (Registro Mercantil)Decreto-Ley sobre las MIPYME |
| Tax registration | Entities and their partners must register with ONAT and obtain a NIT (Número de Identificación Tributaria)Ley No. 113 del Sistema Tributario |
| Core annual compliance | Annual tax on profits sworn declaration (Declaración Jurada), monthly sales/services tax and payroll contribution remittances, and maintenance of accounting recordsLey No. 113 del Sistema Tributario |
Rendered from the facts database. General reference only — confirm with a qualified professional before acting.
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