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]
authority: 22 U.S.C. 2370(a), 6001-6010, 7201-7211;
31 U.S.C. 321(b);
50 U.S.C. 4301-4341; Pub. L. 101-410, 104 Stat. 890 (
28 U.S.C. 2461 note);
22 U.S.C. 6021-6091; Pub. L. 105-277, 112 Stat. 2681; Pub. L. 111-8, 123 Stat. 524; Pub. L. 111-117, 123 Stat. 3034; E.O. 9989, 13 FR 4891, 3 CFR, 1943-1948 Comp., p. 748; Proc. 3447, 27 FR 1085, 3 CFR, 1959-1963 Comp., p. 157; E.O. 12854, 58 FR 36587, 3 CFR, 1993 Comp., p. 614
source: 28 FR 6974, July 9, 1963, unless otherwise noted.
cite as: 31 CFR 515.340