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Legal forms:

Payment methods:


3 months

Inc., LLC., LLP., Co.

Document checklist:

2.Proof of Residence 


Local legal address (Handled by B2B Hub) 








Official languages



ISO 4217






Cuban Peso

Directory of companies
Open website


  • Certificate of incorporation 

  • Articles of association

  • Meeting minutes 

  • Company stamp

FAQ for company formation in Cuba

Frequently Asked Questions (FAQ) for company formation in Cuba:

Q: What are the requirements for forming a company in Cuba?

A: To form a company in Cuba, at least two shareholders are required, and one of them must be a Cuban citizen. Foreign investors must have their investments approved by the Cuban government. Additionally, companies must register with the Cuban Chamber of Commerce.

Q: What types of companies can I form in Cuba?

A: The two most common types of companies in Cuba are joint ventures and wholly foreign-owned companies. Joint ventures are partnerships between a foreign investor and a Cuban entity, while wholly foreign-owned companies are solely owned by foreign investors.

Q: How long does it take to form a company in Cuba?

A: The process of forming a company in Cuba can take several months, as it involves obtaining approval from the Cuban government.

Q: What are the tax requirements for companies in Cuba?

A: The tax system in Cuba is complex, and tax rates can vary depending on the type of business and its location. All companies are required to pay income tax, social security contributions, and other taxes.

Q: Do I need to have a physical office in Cuba to form a company there?

A: Yes, all companies must have a physical presence in Cuba, which includes a registered office and a representative office.

Q: What are the restrictions on foreign ownership of companies in Cuba?

A: The Cuban government places restrictions on the amount of foreign ownership allowed in some industries. Additionally, all foreign investments must be approved by the Cuban government. 

Q: What language is business conducted in Cuba?

A: Spanish is the official language of Cuba, and all business and legal documents must be translated into Spanish.

Q: Can foreign investors hire local staff in Cuba?

A: Yes, foreign investors are allowed to hire local staff in Cuba, but the hiring process is subject to government regulations.

Q: What is the process for opening a bank account in Cuba for my company?

A: The process of opening a bank account in Cuba can be complex and time-consuming. You will need to provide detailed financial information about your company, and you may need to obtain approval from the Cuban government. It is recommended that you seek the assistance of a local attorney or accountant to help you navigate this process.

Cuba's economy has been struggling for many years, but there have been some signs of improvement in recent years. According to the World Bank, Cuba's GDP grew by 1.5% in 2018, the highest rate of growth since 2011. This growth was driven by increased tourism, remittances, and foreign investment. Inflation has also been on the decline, dropping from 8.3% in 2017 to 6.3% in 2018. The unemployment rate has also decreased from 4.3% in 2017 to 3.7% in 2018. Despite these improvements, Cuba still faces many economic challenges. The country has a high public debt, estimated at around 70% of GDP, and its currency, the Cuban peso, is not freely convertible. In addition, the country's infrastructure is in need of significant investment.
Curaçao is an island nation located in the Caribbean Sea. It has a population of approximately 160,000 people and a GDP of $3.2 billion. The economy of Curaçao is largely driven by tourism, with the tourism sector accounting for around 40% of the country’s GDP. The country also has a strong financial services sector, which contributes around 20% of the GDP. The manufacturing sector is also an important part of the economy, accounting for around 10% of the GDP. The country has a low unemployment rate of 4.2%, and the average monthly salary is around $1,400. Curaçao has a relatively low inflation rate of 2.2%, and the country’s currency, the Netherlands Antillean guilder, is pegged to the US dollar. The country has a strong banking system, with the Central Bank of Curaçao and Sint Maarten providing oversight and regulation. Overall, Curaçao has a strong and stable economy, and is a great destination for tourists and investors alike.

In Cuba, both individuals and corporations are subject to income tax.

For individuals, income tax is progressive with rates ranging from 15% to 50%, depending on the level of income. There are also social security contributions, a tax on property ownership, and a tax on the sale of real estate.

For corporations, the standard corporate income tax rate is 30%. There is also a tax on profits earned by foreign companies operating in Cuba.

The tax year in Cuba runs from January 1st to December 31st, and tax returns are due by the end of April of the following year. Advance payments may also be required throughout the year.

The tax authority in Cuba is the National Tax Administration Office, which is responsible for collecting taxes and enforcing tax laws. Payment of taxes can be made at designated banks or through online channels.

In addition to income tax, there are other taxes and fees that may apply, such as customs duties on imports and exports.

It is important to note that Cuba has a complex and constantly changing tax system, and tax regulations may vary depending on the sector and activity. Therefore, taxpayers are encouraged to seek advice from local tax advisors or government authorities for further information on tax obligations and requirements.

Application without registration

The first director

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The second director

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The third director

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The first shareholder 

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The second shareholder 

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The third shareholder 

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Please complete the form with attention to detail. Once submitted, our team will review the information. Following this, you will receive a confirmation and an invoice via email.

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