News Detail

Decree with the Force of Law for Foreign Currency Exchange and its Sanctions.

Through Decree Number 798, published in the Official Gazette of the Bolivarian Republic of Venezuela number 6,196 on the 19th of February 2014, the Decree with Force of Law for Foreign Currency Exchange and its Sanction is published. This norm will substitute the Decree with Force of Law Against Illicit Exchange of Foreign Currency, published in the Official Gazette Number 6,117 on the 4 of December of 2013. Equally, all those norms that contradict the present Decree will be left voided and The Commission for Administering Foreign Currency (Comisión de Administración de Divisas), known as CADIVI, will be eliminated and liquidated in accordance with the Law for Public Administration in light of its special nature as a Presidential Commission.

Download file