Extension for registration in the National Registry of Prices of Goods and Services
A Ruling of the National Superintendence of Costs and Prices was published in Official Gazette Nº 39.819 of December 13, 2011. Said Ruling extends up to December 30, 2011 the period of time allowed to the individuals/entities subject to the application of the Decree with the Status, Value, and Force of Law on Fair Costs and Prices that produce, import, transform, distribute and/or commercialize the end products indicated in the Administrative Ruling of November 22, 2011, in order to be registered with the National Registry of Prices of Goods and Services.
Also, the individuals/entities referred to in this Administrative Ruling must notify through the Price Administration Automated System the sales prices and unit costs of products that were determined prior to the entry into force of the aforesaid Decree with the Status, Value, and Force of Law on Fair Costs and Prices.
The registration may be made through http://sisap.sundecop.gob.ve/
In order to access said Ruling, please click here.
“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.”