In a series of recent posts on his official Facebook profile, Cuban Transport Minister Eduardo Rodríguez Dávila has offered new details on recent measures for car sales in the country.
Among the most notable developments, the possibility of foreign dealerships operating in Cuba was left open, which could represent a major change in the Cuban automobile market.
In their publicationsthe minister and his social media management team responded to several concerns raised by citizens.
For example, user Ernesto Manzanares suggested that allowing the operation of foreign dealerships could simplify the purchasing process for Cubans and generate more revenue for the State, through taxes on sales and other services.
The head of Transport in Cuba responded positively to this suggestion: “Nothing prevents this from happening. It is a matter of finding the right form of business. It would be very good,” commented the leader. In this way, he opens the door to future negotiations with foreign companies interested in establishing themselves in the country.
Prices and tariffs on cars in Cuba
Another area of discussion was the price and tariff structure for the import and sale of vehicles. Pablo Emilio, another user, asked for clarity on the import value of vehicles.
The minister explained that this value includes the cost, insurance and freight (CIF) of the vehicle, plus the tariff and customs services at the border. He also stated that a commercial margin of up to 20% is applied to cover the costs of the marketing company, on which the final tax is calculated.
In another vein, Maugrys Castillo questioned the state sector’s pricing policy, asking why a 35% tax is applied on the cost of a car when import tariffs are significantly lower. Rodríguez Dávila clarified that the 35% is not a margin, but a special tax applied to high-end vehicles. He also highlighted that the current tax for natural persons is being reduced by more than five times.
Regarding this special tax, he added that “it is applied to sales made by marketing companies in Cuba in convertible currencies. It does not apply to direct imports of electric and combustion mopeds and motorcycles or electric tricycles that are applied under this policy. These pay the corresponding Customs duty and service in foreign currency”.
Special tax in foreign currency for car sales in Cuba
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