---
kind: "section"
citation: "31 C.F.R. § 515.340"
title: "31"
number: "515.340"
heading: "Independent private sector entrepreneur."
url: "https://uscodex.org/cfr/31/515.340"
---

# §515.340. Independent private sector entrepreneur.


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](/cfr/31/515.337.md), or a prohibited member of the Cuban Communist Party, as defined in [§ 515.338](/cfr/31/515.338.md), 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)](#a..d) of this section.

## Notes

### Amendments

[84 FR 47122, Sept. 9, 2019, as amended at 89 FR 46324, May 29, 2024]

### Authority

Authority: 22 U.S.C. 2370(a), 6001-6010, 7201-7211; 31 U.S.C. 321(b); 50 U.S.C. 4301-4341; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 22 U.S.C. 6021-6091; Pub. L. 105-277, 112 Stat. 2681; Pub. L. 111-8, 123 Stat. 524; Pub. L. 111-117, 123 Stat. 3034; E.O. 9989, 13 FR 4891, 3 CFR, 1943-1948 Comp., p. 748; Proc. 3447, 27 FR 1085, 3 CFR, 1959-1963 Comp., p. 157; E.O. 12854, 58 FR 36587, 3 CFR, 1993 Comp., p. 614.

### Source

Source: 28 FR 6974, July 9, 1963, unless otherwise noted.

### Amendments

[84 FR 47122, Sept. 9, 2019, as amended at 89 FR 46324, May 29, 2024]