The National Integrated Customs and Tax Administration Service (SENIAT) of Venezuela announced the elimination of the renewal requirement for the Tax Information Registry (RIF), except for specific exceptions.

The measure, formalized through Official Gazette No. 43,435, dated August 12, according to the head of the agency, Román Maniglia, eliminates the expiration date of the Taxpayer Identification Number (RIF), a document that had to be renewed every three years, except in the following cases based on changes in the taxpayer’s information:

• Change of surnames, given names, company name, or trade name of the individual or entity.
• Change of directors, administrators, or persons exercising legal representation.
• Change of shareholders, with the exception of companies listed on stock exchanges.
• Change of tax or electronic address.
• Sale of the business or all its inventory, which modifies its ownership.
• Cessation, suspension, and resumption of regular economic activities.
• Tax liability and/or exemption, and enjoyment of tax exemptions, exonerations, and other tax benefits or incentives.
• Installation, relocation, or permanent closure of establishments, such as headquarters, branches, agencies, commercial or service premises, factories or production plants, warehouses or storage facilities, administrative offices, and other places where business activity is carried out or permanent establishments.
• Change of economic activity or corporate purpose.
• Insolvency, liquidation, or bankruptcy of companies.
• Change of category due to events such as transformation, merger, corporate reorganization, opening of probate proceedings, among others.
• Any other modification that could affect the taxpayer’s situation as determined by the National Integrated Customs and Tax Administration Service (SENIAT).

Additionally, Article 5 of the reform modifies Article 10 of the regulation governing the Tax Information Registry (RIF), establishing the following obligations for taxpayers registered in the Tax Information Registry:

• Reflect the RIF number on invoices and other documents or contracts they issue or sign.
• Include the Taxpayer Identification Number (RIF) on all applications and documents submitted to official agencies of the Bolivarian Republic of Venezuela.
• Record the RIF in accounting books and other subsidiary ledgers required by tax regulations.
• Include the manufacturer’s or importer’s RIF on labels and packaging.
• Include the RIF in all advertising materials disseminated through mass media and digital communication channels.
• Likewise, the RIF must be indicated in all other cases determined by the National Integrated Customs and Tax Administration Service (SENIAT).

 

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Una publicación compartida por Román Maniglia (@romanmanigliave)

Integration of SAREN and SENIAT platforms

Both agencies will integrate their platforms to simplify procedures and payments. According to the country’s acting president, Delcy Rodríguez, “the objective of this platform integration is that ‘when a procedure is carried out at SAREN, it is immediately incorporated into SENIAT.'”

M.Pino

Source: bancaynegocios

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