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Decree of State of Emergency (including Economic Emergency)

Decree No. 2.667 of January 13, 2017 was published in Official Gazette No. 41.074 of January 13, 2017. Through said Decree, the State of Emergency (including Economic Emergency) was declared in all of the national territory. In the following link you will find a summary of the most important provisions of said Decree:

http://traviesoevans.com/memos/memo-decreto-estado-de-excepcion-y-emergencia-economica-ingles.pdf

 

 

“NOTE: THIS INFORMATION SHOULD NOT BE CONSTRUED AS LEGAL ADVICE ON ANY SPECIFIC MATTER AND ITS CONTENT ARE INTENDED AS A MANAGEMENT ALERT AS TO CURRENT DEVELOPMENTS IN VENEZUELA, ANY SPECIFIC LEGAL QUESTIONS REGARDING THE POSSIBLE APPLICATION OF NEW OR PROPOSED LEGISLATION TO PARTICULAR SITUATIONS SHOULD BE ADDRESSED TO TRAVIESO EVANS ARRIA RENGEL & PAZ.”