By the end of 2021, 1286 new non-agricultural cooperatives and micro, small and medium-sized enterprises (MSMEs) had been approved as part of the strategy to boost the Cuban economy. At the beginning of this year, the figure was increased by 86 more.

These economic actors are born under the protection of the new legislation, which is committed to the participation of all sectors for the country’s development.

A recent document published by the Ministry of Economy and Planning, authored by Dr. C. Victoria Pérez Izquierdo and a research team from the Cuban Institute of Anthropology, offers a mapping that includes all private and state-owned MSMEs and NCAs since the beginning of the process of creation and approval by the Platform of Economic Actors, online.

In detail, it shows the number and types of actors at the level of municipalities, provinces, regions and all of Cuba, with the objective of “enabling the necessary linkages between them and with other actors in the economy, such as the socialist state enterprise and the TCPs”.
It should also be noted that the provinces of Havana (519) and Granma (135) are the ones with the highest approval of new actors, accounting for 40% and 10%, respectively.

Of the total approved, only 22% correspond to food producers or marketers, while other products account for 25% and around 40% are services, particularly IT services, which account for 9%.

“Significantly, 32 businesses are already exporting and 78 are also Local Development Projects, while 8 are located in Technology Parks,” the document states.

However, it warns that there are reservations at the municipal level, as new actors have only been approved in 136 of the 168 municipalities in the country (80%). “In 32 of the country’s municipalities there are no new MSMEs or NAMs.

“There are 4 provinces where all municipalities have new economic actors, these are Artemisa, La Habana, Granma and Santiago de Cuba. There are others where the number of municipalities is high, only a few in each”.
What are micro, small and medium-sized enterprises?

Micro, small and medium-sized enterprises (MSMEs) are economic actors with legal status, both state and private, dedicated to the production of goods and services and are classified by size according to their characteristics.

What is a non-agricultural cooperative?

A cooperative is an economic entity of an entrepreneurial nature with its own legal personality, formed by the voluntary association of people who contribute money, other goods and rights, in order to satisfy the economic, social and cultural needs of its owner-members, based on their work and the effective exercise of the universally recognised principles of cooperativism.

How many members can ANCs and MSMEs have?

CNAs must have a minimum of three members and have no maximum limit under the new legislation. MSMEs can be constituted from a single partner and have as many partners as they wish, as long as they comply with the number of employees established in the law for micro, small and medium-sized enterprises.

What legal form will the actors adopt?

NACs adopt the legal form of a cooperative. MSMEs adopt the legal form of limited liability company (LLC).