31 CFR § 515.340 - Independent private sector entrepreneur.

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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]