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.
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.
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