Venezuela VAT / Sales Tax
Detailed vat / sales tax rates and rules for Venezuela in 2026.
VAT / Sales TaxVED
Venezuela levies a 16% IVA on most goods and services. The rate can be adjusted by the Executive between 8% and 16.5%. Basic food items, medicines, and exports are exempt or zero-rated. A luxury goods surcharge applies to certain items.
Standard Rate
16%
Registration Threshold
All businesses performing taxable activities must register
Reduced Rates
8% — Reduced rate for certain goods during special periods0% — Basic food items, medicines, exports, educational materials
How Venezuela VAT / Sales Tax compares
Venezuela’s standard VAT / sales tax rate of 16% is the 84th highest of 203 countries TaxAtlas tracks, above the global average of 13.7% and South America’s regional average of 16.4%.
Venezuela
16%
South America average
16.4%
Global average
13.7%
