Incentives and Guarantees for Investors

The Cuban government has implemented several incentives and guarantees for foreign investors in order to promote foreign direct investment (FDI) and economic development in the country. These incentives and guarantees include financial, legal, and operational benefits that are designed to make investing in Cuba more attractive to foreign companies.

Incentives:

Tax Incentives: The Cuban government offers tax incentives to foreign investors, including exemptions from corporate income tax (CIT) for the first eight years of operation. The tax incentives also include reductions or exemptions from import duties, value-added tax (VAT), and other taxes.

Investment Protection:

The Cuban government guarantees the protection of foreign investments and provides access to international arbitration in case of disputes. The government also allows the transfer of profits and capital outside of Cuba.

Infrastructure:

The government has invested in infrastructure to support foreign investors, including the development of the Mariel Special Development Zone (SEDZ), which offers a range of benefits to foreign investors, including streamlined administrative procedures and access to a skilled workforce.

Access to Resources:

The Cuban government offers foreign investors access to natural resources, including oil and gas reserves, as well as favorable climate and soil conditions for agriculture.