Latest publications

New Labor Law On April 30, 2012, the President of the Republic enacted Decree Nº 8,938 with Rank, Value and Force of Organic Law on Employment, Male and Female Workers (New OLL). Ruling N° 562 of May 4, 2012, of the Constitutional Chamber of the Supreme Tribunal of Justice declared the constitutionality of the organic nature of the New OLL. The New OLL has 554 Articles divided into ten Titles. Below we will point out the most relevant aspects of the new regulation. May 2012
Nueva Ley del Trabajo En fecha 30 de abril de 2012, el Presidente de la República promulgó el Decreto Nº 8.938, mediante el cual se dictó el Decreto con Rango, Valor y Fuerza de Ley Or... Mayo 2012
Decree with Rank, Value and Force of Organic Law on Employment, Male and Female Workers On April 30, 2012, the President of the Republic enacted Decree Nº 8,938 with Rank, Value and Force of Organic Law on Employment, Male and Female Workers (New OLL). Ruling N° 562 of May 4, 2012, of the Constitutional Chamber of the Supreme Tribunal of Justice declared the constitutionality of the organic nature of the New OLL. The New OLL has 554 Articles divided into ten Titles. Below we will point out the most relevant aspects of the new regulation. May 2012
Minimum salary increase in Venezuela On April 24, 2012, the President of the Republic issued Decree Nº 8,920 (the Decree) establishing an increase of 30% in the minimum salary of public and private s... May 2012
Aumento del Salario Mínimo En fecha 24 de abril de 2012, el Presidente de la República promulgó el Decreto Nº 8.920 (el “Decreto”), mediante el cual se fijó un aumento del 30% del salario ... Mayo 2012
Venezuela modifies debt law, introduces measures aiding small business The Organic Law of the Financial Administration of the Public Sector (the Law) was modified in Official Gazette N° 39.893 of March 28, 2012. Such modification was... April 2012
Venezuela modifica ley de endeudamiento e introduce medidas para el estímulo de la industria Según la Gaceta Oficial N° 39.893 de fecha 28 de marzo de 2012, fue reformada la Ley Orgánica de la Administración Financiera del Sector Público (la “Ley”). Dicha... Abril de 2012
Published partial regulations of the Venezuelan Sports Law On February 28, 2012, the Partial Regulations to the Organic Law on Sports, Physical Activity and Physical Education were published in the Official Gazette No. 39... March 2012
Publicado el Reglamento Parcial Numero 1 de la Ley Orgánica de Deporte, Actividad Física y Educación Física En la Gaceta Oficial No. 39.872 de fecha 28 de febrero de 2012, fue publicado el reglamento Parcial Numero 1 de la Ley Orgánica de Deporte, Actividad Física y Edu... Marzo 2012
Venezuelan tax unit increase Among the most relevant tax implications of the increase in the TU’s value is the change in the minimum amount required for individuals to qualify as payers of in... March, 2012

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