The Official Gazette of the Bolivarian Republic of Venezuela N° 41,667 of July 4th, 2019 published the Constitutional Law that creates the Wealth Tax (the “Law”), in the following terms:... read more →
The Tax Unit will increase from March 7, 2019, going from seventeen Bolivars Bs.17 to fifty Bolivars Bs. 50. In the Official Gazette of the Bolivarian Republic of Venezuela No.... read more →
From May 1, the public and private sector will have a special working time from 8:00 a.m., until 02:00 p.m. In the Official Gazette of the Bolivarian Republic of Venezuela... read more →
During the month of April 2019 the public and private sector will have a special working time from 8:00 a.m., until 02:00 p.m. In the Official Gazette of the Bolivarian... read more →
On Official Gazette N° 6,484 of the Bolivarian Republic of Venezuela, dated October 11th, 2019, Executive Order N° 3,997 was published, by means of which the minimum monthly wage was... read more →
From April 25, 2019, the minimum wage will be increased by BsS 40,000 per month and for adolescent workers by BsS 30,000 per month. On Official Gazette Nº 6,452 of... read more →
For workers in the public and private sectors are declared as non-working days on February 28 and March 1, 2019. In the Official Gazette of the Bolivarian Republic of Venezuela... read more →
The currency exchange tables will be enabled as of May 2, 2019, allowing foreign currency purchase transactions. In the Official Gazette No. 41,624 of the Bolivarian Republic of Venezuela dated... read more →
The commission will have 5 members and its objective will be to prepare the plan for the reorganization of PDVSA and its subsidiaries, which will be carried out until December... read more →
After this decree, the illegal exchange will be able to reduce the penalty by up to two-thirds for operations that do not exceed USD 10,000. The Constitutional Decree that Abrogares... read more →