Easily manage employment in

Venezuela
venezuela flag

Whether you want to hire one person or a whole team, Remote's Venezuela employment guide can help you get started. Note that Remote's employer of record services are not yet live in Venezuela. Set up a call with a Remote expert to talk through your global hiring plans.

Services available in this country:
Not available
  • Capital City

    Caracas

  • Currency

    Venezuelan bolívar soberano (Bs.S., VES)

  • Languages

    Spanish

  • Population size

    28,887,118

Services available in this country:
Not available
A view of a town with a mountain in the background.
Grow your teamTaxesTypes of leaveEmployment Termination

Facts & Stats

Venezuela
  • Capital City

    Caracas

  • Currency

    Venezuelan bolívar soberano (Bs.S., VES)

  • Languages

    Spanish

  • Population size

    28,887,118

  • Ease of doing business

    Below average

  • Cost of living index

    N/A

  • Payroll frequency

    Monthly

  • VAT - standard rate

    12%

  • GDP - real growth rate

    -3.9 (2014)

Grow your team in Venezuela with Remote

Companies hiring in Venezuela are typically required to either own a legal entity in the country or work with a global employment solutions provider to employ on the company's behalf. Developing the processes required to manage payroll, benefits, taxes, and onboarding in countries like Venezuela can get complicated fast, especially without localized expertise.

If you’re looking to start hiring in a country like this, using a global employment platform like Remote makes it easy to hire quickly, cost-effectively, and in full compliance with all local legislation.

In the countries where we do offer our employer of record product, Remote takes on the responsibility and legal risks of international employment so you can focus on hiring great talent and growing your business.

Risks of misclassification

Venezuela, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Venezuela may lead to fines and penalties for the offending company.

Effortless HR Venezuela: Take the Tour

Seamlessly manage your workforce, from first hire to final paycheck

Competitive benefits package in Venezuela

At Remote, we’re passionate about helping you craft the best possible employee experience for your team. We are leading the way in developing globally competitive benefits programs. This means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive, and your company has the localized expertise needed to attract and keep the best global talent.

Although we don't yet have our own legal entity in Venezuela, our benefits packages for all countries are tailored to fulfill the local needs of employees. Typically, our packages contain some or all of the following benefits:

  • Health Insurance

  • Dental Insurance

  • Vision Insurance

  • Mental Health Support

  • Pension or 401(K)

  • Life and Disability Insurance