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Code · CFR · Title 31 — Money and Finance: Treasury · Part 515 · § 515.340

§ 515.340. Independent private sector entrepreneur.

164 words·~1 min read·/us/cfr/t31/s§ 515.340·

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The term independent private sector entrepreneur means a Cuban national who is not a prohibited official of the Government of Cuba, as defined in § 515.337, or a prohibited member of the Cuban Communist Party, as defined in § 515.338, and is one or more of the following:
(a)An owner, including a self-employed individual (cuentapropista), or employee of a small private business entity, private cooperative, or a sole proprietorship located in Cuba, in each case of up to 100 employees;
(b)An independent contractor or consultant;
(c)A small farmer who owns his or her own land; ``` ```
(d)A small usufruct farmer who cultivates state-owned land to sell products on the open market; or
(e)A private cooperative or small private business entity located in Cuba of up to 100 employees that is owned only by individuals described in paragraphs
(a)through
(d)of this section. \[84 FR 47122, Sept. 9, 2019, as amended at 89 FR 46324, May 29, 2024\]
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