1. To identify local companies interested in developing joint investment projects with foreign natural or legal persons. To this end, it is possible to: 

ˇ      Contact MINVEC´s Investment Promotion Center

ˇ      Hire the services of a Cuba-based Consulting Firm

ˇ      Contact the relevant Ministries and business groups

2. In the event the parties are interested in developing a foreign investment project, to sign  a Letter of Intent or a Framework Agreement. 

3. The required economic and legal documentation   for the proposed association is prepared during the negotiation  process.  

4. The  above-mentioned documentation should be submitted to the Ministry for Foreign Investment and Economic Cooperation.  The Ministry will carry out a preliminary evaluation of the proposed investment project. 

5. Granting (or denial) of approval for the investment project by the   Executive Committee of the Council of Ministers  or a  Commission thereof. 

6. In order to facilitate and speed up the required arrangements to start the operations, a “One-stop Shop System” is available at the National Foreign Investment Office.