Before starting, reactivating, or closing any project that uses Venezuelan territory, the law requires the Territory Occupation Authorization. Without it, no legal operation is possible — and no access to international financing.
On June 10, 2026, OFAC simultaneously amended seven Venezuela General Licenses—GLs 46C, 47A, 48B, 50B, 51B, 52A, and 54A—with identical contractual changes on governing law, dispute forums, and recognition of Venezuelan regulatory law.
Electronic signatures are now part of Venezuela's paperless commercial reality, but not every signature carries the same evidentiary value. This article explains the four main categories, SUSCERTE accreditation, and the risks of relying on non-certified providers.
A SENIAT audit can happen at any time and in any sector. The difference between a manageable process and a business crisis often comes down to preparation. This guide covers what to do before the auditors arrive, how to act during the audit, and the consequences of failing to cooperate.
Venezuela's return to ICSID and the negotiation of a bilateral investment treaty with the United States could send concrete institutional signals to attract foreign investment.
As Venezuela reactivates oil, gas, and electricity assets, operators must treat the Environmental and Sociocultural Impact Assessment as a condition for legality, financing, and risk management.
OFAC General License No. 58 authorizes legal, financial advisory, and consulting services to the Government of Venezuela in connection with a potential debt restructuring, while leaving execution and direct creditor negotiations outside its scope.
The Venezuela–Colombia bilateral investment treaty will complete domestic formalities and enter into force in the coming weeks—offering substantive protections and international arbitration for cross-border investors.
Special taxpayers (STs)—similar to large-taxpayer regimes elsewhere in Latin America—trigger weekly income tax and VAT advances, withholding roles, and higher penalties. This guide summarizes who SENIAT may classify under Providencia SNAT/2023/00005, who is excluded, and how revocation works.
Strict reserve requirements have pushed companies toward Venezuela’s securities market. This article compares equity issuance, debt, asset securitization, and CFBs on the MOB—tenor, SUNAVAL oversight, dilution, and foreign-currency denomination.
On April 8, 2026, Venezuela’s Organic Law for the Celerity and Optimization of Administrative Procedures entered into force. This article explains what changes, what remains from the prior regime, and what it means in practice for those who deal with the Venezuelan public administration.
Reactivation plans in oil, mining, and power hinge on environmental permits and technical standards that are often decades old. That gap is not academic—it is a concrete legal and regulatory risk for investors.
On April 14, 2026, OFAC issued two new General Licenses—GL 56 and GL 57—that complete the Venezuela framework opened by the March 2026 licenses by enabling contract negotiations with the Government of Venezuela and financial services with four state-owned banks.
Every commercial relationship carries the risk of disputes. Arbitration offers a more agile, specialized, and predictable path than traditional litigation—especially when transactions cross borders.
On April 1, 2026, the CEDCA's most comprehensive reform since its founding entered into force. If your company has — or should have — a CEDCA arbitration clause, these changes affect you directly.
Viral news claims the Venezuelan Supreme Court ruled that foreign currency bonuses are never salary. The reality is more nuanced — and getting it wrong can cost employers more than they intended to save.
Incorporating a company in Venezuela may seem like a simple, mechanical task, but it requires strategic analysis. Before contacting a lawyer, consider these nine key points.
In Venezuela, the term Fintech is used for almost any application that handles money. However, regulations establish that a Fintech is a regulated category with specific responsibilities before SUDEBAN.
Many Venezuelan companies issue invoices, sign contracts, and handle bank accounts, yet internally have expired boards, outdated books, or unregistered minutes — a silent legal risk that can affect the validity of their decisions and operations.
The week of March 13–18, 2026, marked a significant shift in the U.S. sanctions regime on Venezuela with the issuance of four OFAC General Licenses.
Non-bank companies can legally offer digital payment services in Venezuela under BCV Resolution N° 18-12-01. Here is what compliance requires.