Business closure
We handle your formal business closure with SENIAT so you shut down properly and avoid phantom debts and penalties. From $150.
Requesting a quote doesn't commit you to anything
- You tell us about your case. It's free.
- We send you the price in writing, within 1 to 3 hours.
- You decide. If it works for you, we start. If not, you delete it with one click and pay nothing.
No one will pressure you. Your information is used only for your case.
Is it for you?
If any of these sounds like you, this procedure is for you.
- Companies that have stopped operating and individuals who have ended their economic activity and want to close formally with SENIAT, so they don't drag along phantom tax returns, duties or penalties in the future
What's included and what isn't
Everything clear from the start. No fine print.
Includes
- Review of your tax situation as of the closure date.
- Identification of what needs to be brought up to date before closing.
- Handling of the formal business closure with SENIAT.
- Orderly closing of the file so no loose ends remain.
Does not include
- Settling debts or late tax returns, if any (quoted separately depending on the case).
- Closing the company at the Registro Mercantil (Commercial Registry), which is a separate procedure.
- Payment plans for prior debts (separate service: Payment plan or installments).
- Final settlement for your employees (our payroll services).
What you need
Check off what you already have. You don't need everything to request your quote.
You have 0 of 5.
- Current RIF, personal or the company's
- Latest tax returns filed
- Date your business activities ceased
- Corporate documents, if it's a company
- Your contact details so we can coordinate
How the process works
You do very little. We take care of the rest.
- Step 1
We review your situation
We check your tax situation as of the closure date.
We do this - Step 2
We clear pending items
We identify anything pending and, if needed, bring it up to date.
We do this - Step 3
We handle the closure
We process the formal business closure with SENIAT.
We do this - Result
Done
We leave the file closed, with no loose ends.
You receive it
On your tax situation as of the closure date and on the timelines of SENIAT (Venezuela's tax and customs authority); we give you an estimate once we review your case.
What it costs and how to pay
There are two separate payments, and we want you to see them clearly.
Our fee: we do all the work for you.
The agency's fees, if any. It goes straight to the agency, and we give you the exact amount, with its receipt, before you pay anything.
How you pay: 50% when we start and 50% on delivery. In dollars, in bolívares at the official BCV exchange rate, or with Cashea.
How is your investment calculated?
Your investment covers our handling of the closure. What you pay us, professional fees from $150 to review and handle the formal closure. It goes up depending on your tax situation at the time of closure
If there are arrears to settle before closing, they're quoted separately Your accountant gives you the exact figure before you pay anything, no strings attached.
FAQ
What happens if I stop operating without a formal closure?
SENIAT keeps expecting tax returns and piling up penalties month after month: a phantom debt that shows up when you open another company or apply for a compliance certificate years later.
Isn't it enough to stop invoicing?
No. If you don't close formally, SENIAT keeps expecting tax returns and piling up penalties.
How much does it cost?
The professional fee, from $150, covers handling the closure with SENIAT; if there are arrears, they're settled first and quoted separately.
What do I gain by closing properly?
You avoid phantom debts that hold you up when you open another company or apply for a compliance certificate later.
Do I also need to close at city hall?
Yes, the municipal establishment closure is a separate procedure; we coordinate it for you.
About this procedure
When a company stops operating or an individual ends their economic activity, there's a silent mistake that gets very expensive over time: believing it's enough to lock the door and stop invoicing. As far as SENIAT is concerned, if you don't formalize the business closure, the taxpayer is still alive, and its obligations keep running: tax returns that still have to be filed even if they're zero, formal duties, and the penalty clock ticking for failing to comply with something that no longer makes sense. It's a phantom debt that grows on its own.
Months or years later, when that person wants to open a new company, get a compliance certificate or simply get in good standing, they're in for a surprise: the old RIF (Venezuelan tax ID) is dragging along missed filings, accumulated fines and a tangled file that has to be cleaned up before anything else can move forward. Closing badly is planting trouble that will find you right when you least expect it and when it gets in your way the most.
We do the closure right: we review your tax situation as of the closure date, bring up to date whatever needs it, and handle the formal business closure with SENIAT so the company or activity is truly closed, with no loose ends coming after you later. The price starts at $150 and is adjusted based on your tax situation at the time of closure. An advisor reviews your case and confirms with you before we start, no strings attached.
Legal framework and important notes
Código Orgánico Tributario (Organic Tax Code)
- The business closure is the formal end of the taxpayer's obligations with SENIAT
- Without it, tax returns and formal duties keep running, with penalties that add up
- Prior arrears are settled separately
- Closing the company at the Commercial Registry is a different procedure
- Our professional fees cover handling the closure
We guarantee our service, not what the agency decides. If something depends on them, we tell you clearly and in time.
Is your case different?Ask us, message us on WhatsApp or book a free consultation. A real person answers you.