The Ministry of Economy and Finance issued guidelines for tax refunds in SEZs, which require certification, tax compliance, and adherence to administrative procedures.
Venezuela’s Ministry of Economy and Finance issued Resolution No. 014-25 on 9 May 2025, which regulates the special regime of economic, tax, customs, and other incentives for special economic zones (SEZs). The limits for these tax incentives were later outlined in Resolution 015-25.
Effective immediately upon publication, the Resolution outlines the rules and procedures for tax refunds under the SEZ incentive framework.
Necessary certificates
- Participants in SEZ economic activities must obtain a semiannual compliance certificate from the National Superintendence of Special Economic Zones (SUNAZEE)
- A Certificate of No National Production from the Ministry of Industry is required before importing.
Reimbursement of import duties
- Participants can receive 100% reimbursement of customs duties for imported inputs, raw materials, parts, or machinery.
- Beneficiaries will receive this incentive from the date the economic activity agreement is signed.
- From the 7th year, beneficiaries must maintain an export level of at least 60% to continue receiving the incentive.
Conditions
- Requirements include compliance certification, up-to-date tax obligations, and adherence to the rules of the National Tax Administration.
- Tax reimbursement requests must be submitted within 30 days of making an income tax payment, claiming a drawback, or exporting goods.
- Reimbursement amounts are determined within three months of receiving the request.
- Corrections must be made within five days if requested by the National Tax Administration.
- The National Treasury Office must reimburse the approved amount within seven working days of the reimbursement order.
