Tax Law · Venezuela · SENIAT
Special Taxpayers (STs): does your company qualify?
SENIAT may classify individuals and legal entities that exceed these thresholds as STs — with substantive consequences on tax burden and cash flow.
Classification thresholds — Ruling SNAT/2023/00005
Capital Region
Rest of the country
IndividualsAnnual gross income
≥ EUR 15,000
≥ EUR 7,500
IndividualsMonthly sales / services
≥ EUR 1,250
≥ EUR 625
Legal entitiesAnnual gross income
≥ EUR 120,000
≥ EUR 30,000
Legal entitiesMonthly sales / services
≥ EUR 10,000
≥ EUR 2,500
Consequences of ST classification
Weekly advance payments
Income tax and VAT paid weekly — direct impact on cash flow
New taxes activated
Large financial transactions tax and large net worth tax both apply
Penalties increased 200%
ST status is an aggravating factor — all fines multiplied by 200%