Ventanilla Unica de Comercio Exterior (The Single Window of Foreign Investment) (VUCE) or the 'One Stop Shop' by Desoft S.A., officially launches today. Photo courtesy: Twitter @ Vivian Herrara
The new web platform known as the Ventanilla Unica de Comercio Exterior (The Single Window of Foreign Investment), VUCE, the ‘One Stop Shop’ officially launches today. VUCE, a project of the Ministry of Foreign Trade and Investment (MINCEX), will expedite the entire negotiation and approval process for foreign investors.
Investing in Cuba is now easier and faster with this integrated digital platform. It has been streamlined to create a user-friendly experience and is available in several languages.
The program simplifies the procedure for the exportation and importation of goods. It will provide investor information and allow the electronic transfer of documents required for the approval process.
Investors can prepare the required paperwork in a time-saving manner. In the past, the process had been somewhat cumbersome and time-consuming.
VUCE “One Stop Shop” is already in use at the Special Development Zone of Mariel (ZEDM) by businesses at the Zone.
The VUCE project was developed with the participation of the United Nations Conference on Trade and Development (UNCTAD), a delegation from the European Union (EU), experts from the Ministry of Public Health (MINSAP), Ministry of Agriculture (MINAG) and various other business groups.
Desoft S.A., the Cuban software company was responsible for the development of the One Stop Shop VUCE program which was first presented to the public at the Foreign Trade Fair of Havana (Feria Internacional de la Habana) FIHAV in 2018.
Testing and staff training of the VUCE One Stop Shop program began in late 2019 and continued this year.
The VUCE ‘One Stop Shop’ will be available throughout the Island.
Zoe Veraz is a content writer, freelance journalist and regular contributor to the Cuba Business Report.
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