Implementation of Cuba's 2026 private business reforms continues

What changed

Cuba continues implementing the broad economic reform package introduced during 2026. The reforms expand the operating framework for private companies and create additional possibilities involving foreign investment, Cubans living abroad, international trade and larger private enterprises. Key developments include larger private enterprises, participation by Cubans residing abroad, participation by qualifying foreign permanent residents, expanded foreign-investment structures, changes affecting import and export, private tourism activities and new commercial structures.

Who it affects

Entrepreneurs · Cuban diaspora · Foreign permanent residents · Foreign investors · International companies · Business setup

What it means in practice

The reforms create business and investment structures that were previously unavailable or substantially more restricted.

CPS note

Not every foreign national can automatically own shares in a Cuban private company. Foreign permanent residents and other foreign-investment structures must remain legally distinguished.

Last verified: 18 September 2026