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News & Analysis

Doing Business in Venezuela 2026

02 March 2026 by Baker McKenzie - Venezuela

As Venezuela is transitioning into a new chapter of its history new investment opportunities may appear on the horizon. In this edition of Doing Business in Venezuela we present a comprehensive guide designed to help global investors, companies, and decision makers understand the legal and regulatory framework of the country.
News & Analysis

Venezuela: Hydrocarbon Fuels Benefit from Temporary Tax Relief

02 March 2026 by Baker McKenzie - Venezuela

On 9 January 2026, Decree No. 5,207 (“Decree”) was published in Official Gazette No. 43,292, under which the sales and imports of hydrocarbon fuels were exonerated from VAT, import tax, customs duties and "any other tax, rate or special contribution applicable".
News & Analysis

Venezuela: Baker McKenzie Venezuela advises Bardinet on strategic acquisition of Cacique Rum Brand from Diageo

01 August 2025 by Baker McKenzie - Venezuela

Baker McKenzie Venezuela is pleased to announce its role as legal counsel to Bardinet, S.A. in its successful acquisition of the renowned Cacique rum brand from Diageo plc. This strategic transaction marks a significant milestone in Bardinet's expansion into the Latin American market and reinforces its position as a leading global spirits company.
News & Analysis

Venezuela: Baker McKenzie Venezuela advises Bardinet on strategic acquisition of Cacique Rum Brand from Diageo

01 August 2025 by Baker McKenzie - Venezuela

Baker McKenzie Venezuela is pleased to announce its role as legal counsel to Bardinet, S.A. in its successful acquisition of the renowned Cacique rum brand from Diageo plc. This strategic transaction marks a significant milestone in Bardinet's expansion into the Latin American market and reinforces its position as a leading global spirits company.