Managerial Alerts

EXTENSION OF TIME FOR ASSESSMENT AND PAYMENT OF THE CONTRIBUTION TO SCIENCE AND TECHNOLOGY – Jun 27 2019

EXTENSION OF TIME FOR ASSESSMENT AND PAYMENT OF THE CONTRIBUTION TO SCIENCE AND TECHNOLOGY   Administrative Ruling No. 015-030 of June 10, 2019, issued by the Board of Directors of the National Fund of Science, Technology, and Innovation (Fondo Nacional de Ciencia, Tecnología e Innovación – “FONACIT”) was published in Official Gazette No. 41.663 of…

VALUE OF UNIT FOR ARITHMETICAL CALCULATION OF MAXIMUM AND MINIMUM THRESHOLD (UCAU) – Mayo 17 2019

VALUE OF UNIT FOR ARITHMETICAL CALCULATION OF MAXIMUM AND MINIMUM THRESHOLD (UCAU)   Joint Resolution No. 003/2019 and No. 023/2019, issued by the Ministry of the Popular Power for Planning and the Ministry of the Popular Power for Economy and Finance, respectively, was published in Official Gazette No. 41.635 of May 17, 2019 (the “Resolution”).…

BANK INSTITUTIONS AUTHORIZED TO ACT AS EXCHANGE OPERATORS – May 2 2019

BANK INSTITUTIONS AUTHORIZED TO ACT AS EXCHANGE OPERATORS   Resolution No. 19-05-01, issued by the Venezuelan Central Bank (“VCB”), was published in Official Gazette No. 41.624 of May 2, 2019 (the “Resolution”). The Resolution established that the “bank institutions governed by the Decree with the Status, Value, and Force of Law of the Banking Sector…

DECLARATION AND PAYMENT OF CONTRIBUTION TO NATIONAL FUND FOR SPORT DEVELOPMENT – EXTENSION – Apr 26 2019

DECLARATION AND PAYMENT OF CONTRIBUTION TO NATIONAL FUND FOR SPORT DEVELOPMENT – EXTENSION   Resolution No. 053/19 of April 5, 2019, issued by the Ministry of the Popular Power for Youth and Sport, was published in Official Gazette No. 41.621 of April 26, 2019 (the “Resolution”). The Resolution extended for 60 calendar days, as from…