Investing in Cuba 

The investment of foreign capital is governed by Cuban Law No. 118 “The Foreign Investment Act” introduced in 2014, to enable foreign companies to operate within the country under attractive commercial terms.

PAE is in good company, joining a group of well-known foreign enterprises that have successfully operated in Cuba for decades.

• Repatriation of capital enshrined in Foreign Investment Law of Cuba

• International oil prices used

• Company tax holiday for the first 8 years of each production sharing contract, 22.5% thereafter

• PSCs denominated in Euros