WORKING ON IT NT Cuba Announces New Relaxations for the Transfer, Import, and Sale of Vehicles
13 Articles
13 Articles
Santa Maria Times
Independent EspañolHAVANA (AP) — Cuba has eased vehicle ownership rules for private individuals, cut import tariffs on electric vehicles, and generally made it easier for them to be purchased, authorities said Wednesday.
WORKING ON IT NT Cuba Announces New Relaxations for the Transfer, Import, and Sale of Vehicles
Non-state entities are also authorized to assemble and sell electric vehicles such as mopeds, motorcycles, bicycles, and cars. On Tuesday, the Cuban government announced new relaxations for the transfer, import, and sale of vehicles, as part of the recently approved economic and social reforms. The provisions, published in Official Gazette No. 64, include Decree-Law 122 and Decree 163, as well as resolutions regarding importers, dealerships, pri…
The scheme formalised a package of provisions extending the number of companies authorised to operate in the automotive sector, and removing restrictions for natural and legal persons
The Government of Cuba announced new rules that make the import, sale and transfer of ownership of vehicles on the island more flexible.
In the midst of the worst transport crisis in decades, the Cuban regime announced a new package of measures to relax the purchase, sale and import of vehicles. Although the authorities present the decision as an opening, analysts warn that the main beneficiaries will continue to be those who have access to foreign currency or receive financial support from abroad. From a shipping agency in South Florida, where every week vehicles, engines, parts…
High-end cars will pay a 35% tax, standard combustion cars 25%, while 15% will be charged for hybrids and 5% for electric cars
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