Announcement
29 Mar 2014
On March 29, 2014, the National Assembly of Cuba approved Law No. 118 on foreign investment providing certain fiscal benefits to investors, speeding up certain bureaucratic procedures and liberalizing the agricultural sector.
The new law entered into force 90 days after its approval.
Source
Sign in to access
Number of interventions
3
0 certainly harmful
0 likely harmful
3 liberalising
List of interventions
Implementation date
29 Jun 2014
Revocation date:
No revocation date
Updated: 29 Mar 2014
FDI: Entry and ownership rule
In force
In addition, the new law on foreign investment approved on March 29, 2014, by the Cuban Government, liberalized the agricultural sector allowing private farms and non-farm cooperatives to form vent...
Sign in to see more
Updated: 29 Mar 2014
FDI: Financial incentive
In force
Law 118 on Foreign Investment approved on March 29, 2014, by the National Assembly also introduces a set of financial incentives to promote the entry of foreign capital. The new incentives are...
Sign in to see more
Updated: 29 Mar 2014
FDI: Entry and ownership rule
In force
Article 22.3 of the new law on foreign investment approved by the National Assembly on March 29, 2014, reduces the approval time of ventures where the Central Administration of the State is th...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.