Marie Roschelle Carolina Quintero Sabino

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Venezuela: Decree establishes exemptions from payment of VAT, customs duties and customs service fees for imports of certain goods and economic sectors

Venezuela - June 24 2022 The National Executive issued Decree No. 4,683 on 1 May 2022 (“Decree“), which establishes exemptions from the payment of value-added tax…

Manuel E. Marín Palavicini

Venezuela: National Assembly reforms law against corruption

Venezuela - June 11 2022 On 2 May 2022, the National Assembly published the Partial Reform Law with the Rank, Value and Force of Law Against Corruption (“Reform“)…

Adriana Goncalves Apitz, María de Los Angeles Celis, Jesús A. Dávila, Maria Uzcategui

Venezuela: Central Bank adjusts interest rates of banking credits that must be denominated in Credit Value Units (CVU)

Venezuela - April 7 2022 The Central Bank of Venezuela (CBV) issued Resolution No. 22-03-01 ("Resolution") on 17 March 2022, which regulates the issuance of banking credits…

Adriana Goncalves Apitz, María de Los Angeles Celis, Jesús A. Dávila, Maria Uzcategui

Venezuela: Exemptions from the payment of the Value Added Tax, Custom Duties and Customs Service Fee for several categories of goods and economic sectors extended

Venezuela - January 24 2022 Decree No. 4,630 of 14 January 2022 extends until 31 March 2022 the effect of all the exemptions of Decree No. 4,552 of 6 August 2021…

Manuel E. Marín Palavicini

Venezuela: Ministry of Health issues guidelines for the labeling of foods containing sugar and saturated and trans fat

Venezuela - January 13 2022 The Ministry of Health issued Resolution No. 137 of 2 December 2021 ("Resolution")1 that establishes the guidelines for the labeling of foods for…

Jesús A. Dávila