Starting a business in Venezuela
Legal Forms of Companies
- Sociedad de Responsabilidad Limitada (SRL) is a Private Limited Company.
-
Number of partners: Minimum 2 partners.
Capital (max/min): No minimum capital required. To be entirely subscribed.
Shareholders and liability: Liability is limited to the amount of capital contributed.
- Sociedad Anonima (SA) is a Public Limited Company.
-
Number of partners: Minimum 2 partners.
Capital (max/min): No minimum capital required. To be entirely subscribed.
Shareholders and liability: Liability is limited to the amount of capital contributed.
- General Partnership
-
Number of partners: Minimum 2 partners.
Capital (max/min): No minimum capital required.
Shareholders and liability: Joint and several liability.
- Limited Partnership
-
Number of partners: Minimum 2 partners, one managing partner and one silent partner.
Capital (max/min): No minimum capital required.
Shareholders and liability: Joint and several liability for managing partners, limited to the contributions for silent partners.
- The Competent Organisation
-
A company must register with "Registro Mercantil" or "Trade Register" in the company's place of business: in order to find the right Trade Register, go to the Chamber of Commerce.
Setting Up a Company |
Venezuela |
Latin America & Caribbean |
Procedures (number) |
20.0 |
8.0 |
Time (days) |
230.0 |
25.2 |
Source: Doing Business, 2016
- Business Setup Procedures
-
Consult Doing Business Website, to know about procedures to start a Business in Venezuela.
Find out more about Operating a Business in Venezuela on GlobalTrade.net, the Directory for International Trade Service Providers.
© Export Entreprises SA, All Rights Reserved.
Latest Update: April 2022