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From Liechtenstein to Hong Kong: How Cuba uses shell companies to thumb its nose at embargo Kevin G. Hall and Nora Gámez Torres, Miami Herald © Emily Michot/Miami Herald/TNS Large cranes can be seen at Port Mariel inside the Mariel Special Economic Development Zone on Friday, Sept. 29, 2017. A generic-sounding company headquartered in the tax haven of Liechtenstein has for the past 37 years served as the center of global shipping operations for the Cuban government, functioning under the radar while skirting a six-decade trade embargo, an investigation by the Miami Herald/el Nuevo Herald and McClatchy shows. When incorporated in 1984 in the principality of Liechtenstein, Acemex Management Company Limited was created as a means of survival. It grew into a business model, has been described as the work of a genius and has proved enduring.

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