Search for:
Author

Douvelin Serra Gonzalez

Browsing
Douvelin J. Serra-Gonzalez joined the Firm in 1996 and became a local partner in 2006. She is a recognized leading lawyer in the Central Region of Venezuela advising on corporate matters including exchange controls, mergers and acquisitions, corporate general tax and corporate reorganizations. Douvelin also advises on science and technology, and intellectual property matters.

The Office of the National Superintendent of Securities (SUNAVAL) has authorized the Decentralized Stock Exchange of Venezuela, S.A. (BDVE) to act as a decentralized stock exchange as of 19 January 2021 (“Guidelines”),1 after the trial period of 90 days under Guidelines No. 146.

The Governor of the Carabobo state issued Decree No. 1,557 (“Decree”),[1] whereby it set the value of the Special Tax Amount (“ITE”) in 0.00015 Petros (“PTR”), which will have as reference the value of the Sovereign Crypto asset Petro. [2]  That equals to VES 8,833.41. [3] The previous value, set on 27 July 2020, was VES 1,500.00.[4]  The ITE must be paid in its equivalent only in VES, according to the final value of the immediately preceding business day indicated by the Central Bank of Venezuela.

The Decree entered into force on 1 December 2020.