Venezuela
South America · VE · 29 treaties
What are the main tax rates in Venezuela?
Venezuela's top personal income tax rate is 34%, and the corporate tax rate is also 34%. The standard VAT is 16%, and capital gains are taxed at 1%.
Tax profile
| Corporate income tax | 34% |
| Withholding — dividends | 34% |
| Withholding — interest | 34% |
| Withholding — royalties | 34% |
| VAT / GST (standard) | 16% |
| Personal income (top rate) | 34% |
| Capital gains | 1% |
| Tax system | Worldwide |
| Residency threshold | 183 days |
| Exit / departure tax | No |
| CFC rules | No |
| Transfer pricing | Basic |
| Digital nomad visa | No |
| Digital services tax | none |
| Global minimum tax (Pillar 2) | None |
Common questions
- What is Venezuela's tax system?
- Venezuela operates under a worldwide tax system.
- How long does it take to become a tax resident in Venezuela?
- Tax residency in Venezuela is established after 183 days.
- What are the withholding tax rates for dividends in Venezuela?
- Dividends are subject to a withholding tax rate of 34% in Venezuela.
Tax residency
ModerateWhat makes you a tax resident — and how hard it is to stop being one.
- Presence in Venezuela for more than 183 days in aggregate during the current fiscal (calendar) year
- Presence in Venezuela for more than 183 days in aggregate during the preceding fiscal (calendar) year
- Establishing a residence or home (domicile or habitual residence) in Venezuela, unless the individual has stayed in another country for more than 183 days in the same calendar year and can prove tax residence there with evidence from that country's tax authorities
- Presumption that Venezuelan citizens are domiciled in Venezuela for tax purposes unless they can prove otherwise
Ending Venezuelan tax residency generally requires both reducing presence below the 183‑day threshold and proving residence and tax residency in another country to overcome domicile and habitual residence presumptions, especially for Venezuelan citizens. This makes cessation more involved than a simple day‑count rule but there is no citizenship‑based worldwide tax or formal exit tax.
Source: Servicio Nacional Integrado de Administración Aduanera y Tributaria (SENIAT) via summarized guidance
Tax treaty network (35)
In-force double-tax treaty partners. Treaty-reduced withholding (dividends / interest / royalties) shown where the official source publishes a rate; otherwise the country's statutory rate applies unless the treaty text provides a reduction.
| Partner | Div | Int | Roy |
|---|---|---|---|
| Austria | 15% | 10% | 5% |
| Barbados | 10% | 15% | 10% |
| Belarus | 15% | 5% | 10% |
| Belgium | 15% | 10% | 5% |
| Brazil | 15% | 15% | 15% |
| Canada | 15% | 10% | 10% |
| China | 10% | 10% | 10% |
| Cuba | 15% | 10% | 5% |
| Czechia | 10% | 10% | 12% |
| Denmark | 15% | 5% | 10% |
| France | 15% | 5% | 5% |
| Germany | 15% | 5% | 5% |
| Indonesia | 15% | 10% | 20% |
| Iran | 10% | 5% | 5% |
| Italy | 10% | 10% | 10% |
| South Korea | 10% | 10% | 10% |
| Kuwait | 10% | 5% | 20% |
| Malaysia | 10% | 15% | 10% |
| Mexico | 5% | 15% | 10% |
| Netherlands | 10% | 5% | 10% |
| Norway | 10% | 15% | 12% |
| Palestine | 15% | 5% | 10% |
| Portugal | 10% | 10% | 12% |
| Qatar | 10% | 5% | 5% |
| Russia | 15% | 10% | 15% |
| Saudi Arabia | 5% | 5% | 8% |
| Spain | 10% | 10% | 5% |
| Sweden | 10% | 10% | 10% |
| Switzerland | 10% | 5% | 5% |
| Trinidad and Tobago | 10% | 15% | 10% |
| Turkey | 10% | 10% | 10% |
| United Arab Emirates | 10% | 10% | 10% |
| United Kingdom | 10% | 5% | 7% |
| United States of America | 15% | 10% | 10% |
| Vietnam | 10% | 10% | 10% |