JD Supra Venezuela

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Latest documents

• Venezuela Update: January 16, 2024 (Spanish)

  Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner.

• Venezuela Update: January 16, 2024

  Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner.

• Venezuela Update: December 13, 2023

  Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner.

• Venezuela Update: December 13, 2023 (Spanish)

  Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner.

• Venezuela Update: October 17, 2023

  Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner.s Please see full Update below for more information.

• Venezuela Update: October 17, 2023s (Spanish)

  Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner. Please see full Update below for more information.

• Venezuela Update: September 13, 2023

  Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner. Please see full Update below for more information.

• Venezuela Update: September 13, 2023 (Spanish)

  Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner. Please see full Update below for more information.

• Venezuela Update: June 15, 2023

  Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner. Please see full Publication below for more information.

• Venezuela Update: April 19, 2023 (Spanish)

  Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Holland & Knight's Venezuela Update, produced in conjunction with Venezuela-based firms Tinoco Travieso Planchart & Nuñez and Arca Análisis Económico, provides our clients with pertinent Venezuela information in a timely manner. Please see full Publication below for more information.

Featured documents

• February 2015: International Arbitration Update

  Accounting for “Country-Risk” in Assessing Damages in Investor-State Arbitration: Gold Reserve Inc. v. Bolivarian Republic of Venezuela, ICSID Case No. ARB(AF)/09/01, Award (Sept. 22, 2014). The careful treatment of the parties’ valuation submissions in this Award provides valuable insight into the ...

• Venezuela Increases the Tax Unit

  On February 24, 2017, the Venezuelan Tax Administration published Ruling N° SNAT/2017/0003 in the Official Gazette (hereinafter “the Ruling”), increasing the value of the Tax Unit (hereinafter “UT”) from 177.00 Venezuelan bolivars (VEF 177.00) to VEF 300.00. A "tax unit" is an amount that links...

• Venezuela Debt Restructuring – Sanctions Compliance

  As parties pursue restructuring of Venezuelan sovereign debt, they should be sensitive to U.S. economic sanctions prohibitions. The sanctions prohibitions broadly apply to "U.S. persons" – U.S. citizens and permanent residents, legal entities that are organized under U.S. law, and any person in the ...

• Administrative Ordinance No. SNAT/2019/00048: Calendar for the declaration and payment of the Value Added Tax of special taxpayers that carry out mining, hydrocarbon and related activities, or that are exclusively dedicated to exempt or exonerated activities, for the year 2019

  On April 9, 2019, in the Official Gazette No. 41,613, the Administrative Ordinance No. SNAT/2019/00048 (the Ordinance) issued by the National Integrated Customs and Tax Administration Service (SENIAT, according to its Spanish acronym), which established the calendar with the deadlines for the...

• Venezuela Update: November 19, 2019

  The U.S. Department of the Treasury on Oct. 21, 2019, renewed for three months a license granted to several U.S. oil companies so that they may continue operating in the country until Jan. 22, 2020. Chevron is the only company that still carries out relevant operations in Venezuela. ...

• Bar against dismissals

  On December 31, 2020, the president of the republic enacted Decree N° 4,414 (Decree on Bar Against Dismissals) in the Official Gazette of the Bolivarian Republic of Venezuela (GORBV) N° 6,611 Special....

• Venezuela Update: June 22, 2022

  Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Holland & Knight's Venezuela Update, produced in conjunction with...

• Venezuela Update: March 17, 2023 (Spanish)

  Holland & Knight's Venezuela Focus Team invites you to read our Venezuela Update, in which we discuss the latest news, trends and developments in Venezuela that impact the interests of businesses across all industry sectors. Holland & Knight's Venezuela Update, produced in conjunction with...

• Venezuelan Employers Must Immediately Put Outsourced Employees on Payroll

  The grace period for implementation has expired. Venezuelan employers were required to incorporate outsourced employees into their payroll as of May 7 to meet the deadline for the 2012 Organic Law of Labor and Workers (the LOTTT)....

• District Court Confirms Arbitral Award Against Venezuela In Dispute Over Gold Deposits Contract

  A federal district court in Washington, D.C. recently confirmed a $1.2 billion arbitral award in favor of Crystallex International Corp. against Venezuela after the country’s Ministry of Environment denied a necessary permit to allow Crystallex to develop gold deposits in the country. ...