The National Executive issued Decree No. 4,812 on 19 June 2023, which extends the waivers of Legal Regimes for export until 9 December 2023 (“Decree“).1 Said waivers were established on 9 June 2021 by Decree No. 4,5252 regarding Optimization of Export Processes, which was extended until June 2022 and June 2023.
The Decree established its validity as of 9 December 2023, having a retroactive effect.
For more information regarding the waivers of the Legal Regimes for export, see the following link: “Venezuela: Decree on Optimization of Export Processes extended” in Se prorroga Decreto sobre Optimización y Dinamización de los Procesos de Exportación (bakerxchange.com).
Click here to access the Spanish version.
1 Official Gazette No. 42,653 of 19 June 2023.
2 Official Gazette No. 42,145 of 9 June 2021.