- Venezuela issued Decree No. 5146 on 30 June 2025
- The Decree exempts VAT and import duties on certain goods until 30 June 2026
- Exemptions apply to imports by public administration entities and individuals or legal entities using their own resources
- Specific ministries and entities are exempt from import duties and VAT on certain goods
- Beneficiaries must submit specific documents to customs to receive exemptions
- Failure to comply with Decree conditions results in loss of exemption benefits
- SENIAT issued Circular No. 00013774 for adapting the SIDUNEA system for exemptions
Source: insightplus.bakermckenzie.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
