CORONAVIRUS LEGISLATION AND REGULATIONS: VENEZUELA The following notes provide a general overview of the regulations issued in the Bolivarian Republic of Venezuela (“Venezuela”) to address and prevent the COVID-19 outbreak as of Septemb... Read More

Administrative Ruling Nº 030 which establishes the Regulations for Public Offer, Allocation and Trade of Securities issued by the Private Sector in Foreign Currency (Official Gazette N° 41.877 of May 12, 2020) The National Superintenden... Read More

The National Executive decreed an increase in the monthly minimum wage, the value of the Unidad Tributaria(U.T.) (Tax Unit) and, as a consequence of the latter, the food benefit that workers receive monthly... The minimum wage for apprentices is Bs. 750,000.00 and if the working day is less than 8 hours it will be adjusted in proportion to it... Read More

The purpose of this report is to raise awareness of the most relevant aspects of the content of the “Ley Constitucional de los Consejos Productivos de Trabajadoras y Trabajadores” (Constitutional Law of the Productive Councils of Workers), without referring to the legality or otherwise of such decree since it would be subject to other types of considerations... Read More