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31 CFR §515.340

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
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:
  1. (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;
  2. (b)An independent contractor or consultant;
  3. (c)A small farmer who owns his or her own land;
  4. (d)A small usufruct farmer who cultivates state-owned land to sell products on the open market; or
  5. (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.