Venezuela’s official gazette published Decree No. 5,207 on Jan. 9, extending the temporary VAT exemption for import and sale of hydrocarbon fuels and additives until Jan. 11, 2027, effective from Jan. 12, 2026. The decree applies to state, state‑owned, mixed‑ownership, and private companies under the Organic Hydrocarbons Law, establishes documentation requirements, outlines customs procedures, and mandates semi‑annual evaluation by SENIAT.
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VatCalc · 4 days ago
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Key Takeaways
The exemption now runs from Jan. 12, 2026 to Jan. 11, 2027.
State, state‑owned, mixed‑ownership, and private companies operating under the Organic Hydrocarbons Law.
The decree establishes specific documentation requirements for beneficiaries, though the article does not detail them.
SENIAT must conduct a semi‑annual evaluation of the exemption.
Primary source
Read the full article at Bloomberg TaxThis summary was published on VATfaqs.com on 31 January 2026. It relates to VAT developments in Venezuela. The original source is Bloomberg Tax.
