Company registration in Cuba

Name of service Bronze Silver Gold
Check and reserve of the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Set of constituent documents Preparation of a complete package of constituent documents of a company of any form of ownership
Legal address for 1 year Provision of legal address for your company in a given jurisdiction, eliminating the need to purchase or rent real estate
Company seal Issue and delivery of a company seal with details
Assistance in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account
Apostille of constituent documents Apostille of a set of corporate documents
Total cost
7900 USD 8900 USD 9900 USD
Accounting services
125 USD 125 USD 125 USD
Annual renewal (paid from the second year)
2900 USD 2900 USD 2900 USD

Deal of the month

If you will register a company until July 31,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

The Republic of Cuba is an island surrounded by the Caribbean Sea and the Atlantic Ocean. Its proximity to the coast of North America promotes trade with the region's countries. Entrepreneurs who intend to register a company in Havana or any other city in Cuba are attracted by the opportunity to create a business in a low-tax country. Tourism is actively developing in the island state, and investments in agriculture, industry, and construction are encouraged. Registering a company in Cuba attracts excellent prospects for doing business because, in this country, the transformation of state property into private property has yet to occur.

Advantages of registering a company

  • possibility of registration of companies with 100% foreign capital;
  • case of free transfer of funds from the country;
  • freedom of choice of activities (except for health care, education, and defense);
  • legislative protection of private investments;
  • availability of free economic zones.

Main forms of legal presence and doing business

The list of legal forms in which a foreigner can establish a company in Cuba is set by the Law on Foreign Investment.

  • a Joint venture (JV). It is a Cuban corporation that issues registered shares owned by both national and foreign investors;
  • entirely foreign capital companies (IBC). The opening of a company in Cuba is allowed to a non-resident, who can manage it and be responsible for all its obligations. The foreigner is granted a residence permit in the country.

JVs and IBCs can establish branches and representative offices in Cuba and abroad and participate in the capital of enterprises registered abroad.

One form of doing business in Cuba is the international economic association agreement (IEA), which does not involve the creation of a separate legal entity. Instead, the deal is concluded between one or more Cuban investors and foreign entrepreneurs. Cuban legislation defines a list of areas where such contracts are allowed.

Registration procedure

  • Obtain a permit to operate (for companies with 100% foreign capital);
  • Choose a unique name for the company;
  • Register the company in Cuba with the Chamber of Commerce or coordinate the inclusion of a non-resident in the register of foreign partners;
  • Open a bank account to conduct business;
  • Obtain the necessary licenses and permits (for some regions of activity).

Legislation and regulatory environment

The main legal act regulating the activities of non-resident investors is the "Law on Foreign Investment" of 2014. Its most important provisions are:

  • Preservation of benefits granted to foreign investors during the entire stipulated period;
  • Protection of the owners' property against legal claims by third parties or the extraterritorial application of the laws of other states.
  • The possibility of tax-free transfer of profits and dividends abroad in freely convertible currency.

Foreigners are allowed to buy a company in Cuba or become part-owners. Conflicts arising between partners of the organization are solved by the statutes and, if necessary, in the Provincial Public Court. In addition, the Cuban International Commercial Arbitration Court is on the island and is considered one of the oldest in the Latin American region.

Tax system

When registering a company in Cuba, it is crucial to keep in mind that the amount of income tax on companies with foreign capital is differentiated depending on the participation of local businesses in them:

  • for companies with local ownership:
    • an exemption applies for the first eight years;
    • the total rate is 15%;
  • for companies with 100% foreign capital:
    • 35% - general rate;
    • 50% - for companies engaged in natural resource extraction.

In addition, companies can get permission to reinvest net profits and be exempt from the need to pay the appropriate tax for tax optimization.

It is more profitable for foreigners to open a business in Cuba in the free economic zone, where tax incentives are available:

  • corporate tax - 12% (not withheld during the first ten years of the company's existence);
  • income tax - 1% (withheld from the second year);
  • tax on the use of labor - 0%.

Cuba has signed double taxation agreements with ten countries around the world.

Open a business in Cuba: how Prifinance lawyers can assist

Although, in general, the country's legislation is conducive to attracting foreign investment, opening a company in Cuba requires more effort, as it requires obtaining permits from government agencies. The procedure for setting up a company is quite long, and in case the entrepreneur has made mistakes or has yet to submit a complete set of documents, it will take even longer to register the business.

Prifinance lawyers will advise on the procedure in detail. We will help buy a business in Cuba and prepare all the necessary documents for registering a new company. Our services include providing a legal address, stamps, and opening a bank account.


Our clients

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10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again