IGTF return
We prepare and file your IGTF return with SENIAT in the portal's dedicated module, on time. From $45.
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.
- Businesses and companies that receive or make payments in foreign currency or in cash other than bolívars and are required to file and remit the IGTF, especially special taxpayers
What's included and what isn't
Everything clear from the start. No fine print.
Includes
- Identification of your transactions subject to IGTF.
- Calculation of the tax for the period.
- Filing and remittance in the module of the SENIAT portal.
- Receipt for the filed return.
Does not include
- The tax amount itself (paid by the taxpayer; we handle the remittance).
- Full bookkeeping for the period (Monthly accounting).
- The IVA return or returns for other taxes (separate services).
- Fines for past-due periods.
- Legal advice.
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 (Venezuelan tax ID)
- List of payments made and received in foreign currency or cash for the period
- If you're a special taxpayer, let us know
- Access to, or login details for, the SENIAT portal
- Your contact details so we can coordinate each period
How the process works
You do very little. We take care of the rest.
- Step 1
We review your transactions
We analyze your transactions for the period.
We do this - Step 2
We calculate the IGTF
We identify the taxable ones and work out the tax.
We do this - Step 3
We file and remit
We file and remit in the module of the SENIAT portal.
We do this - Result
Done
We hand you the receipt within the legal deadline.
You receive it
Within the deadline set by SENIAT (Venezuela's tax and customs authority), on the same twice-monthly schedule as IVA (value-added tax, VAT) for special taxpayers.
What it costs and how to pay
Clear from the start.
Our fee: we do all the work for you.
How you pay: You pay once, when we start. In dollars, in bolívares at the official BCV exchange rate, or with Cashea.
How is your investment calculated?
Your investment depends on your volume of foreign currency transactions. What you pay us, professional fees from $45 per period. It goes up with how many taxable transactions you handle
What goes to the government, the taxpayer remits whatever IGTF is due; we calculate it and file it Your accountant gives you the exact figure before you pay anything, no strings attached.
FAQ
What happens if I get paid in foreign currency and don't file the IGTF?
You build up a tax debt that SENIAT detects by cross-checking your transactions, with fines and interest. It's the tax many people don't know they owe.
What does the IGTF apply to?
Certain financial transactions, especially payments in foreign currency or in cash other than bolívars.
How much does it cost?
The professional fee, from $45, covers one return; for special taxpayers on the twice-monthly schedule, the monthly package is the better deal.
How often and where is it filed?
For special taxpayers, twice a month, like IVA; it's filed in a separate module within the SENIAT portal.
Is the package worth it?
If it's recurring, yes: Monthly accounting works out better.
About this procedure
The IGTF, the tax on large financial transactions, has become one of the most confusing taxes and one of the fastest to trigger penalties, because many businesses don't even know they're incurring it. It applies to certain financial transactions, and especially to payments made in foreign currency or in cash other than bolívars, something more and more common in day-to-day Venezuelan business.
For special taxpayers (larger taxpayers designated by SENIAT), the IGTF follows the same twice-monthly schedule as IVA, but since its reform it's filed and remitted in a separate module within the SENIAT portal, and that technical detail is where many people get tangled up and end up missing the deadline. As a collection agent, if you get paid in foreign currency and don't collect and remit the IGTF that applies, the liability falls on your business, with the fines of the Código Orgánico Tributario (Organic Tax Code) on top.
We take care of identifying your taxable transactions, calculating the IGTF, and filing and remitting it on time in the right module of the portal. The price starts at $45 per period and goes up with the volume of foreign currency transactions you handle. And if you'd rather stop worrying about it altogether, this is built into Monthly accounting. An accountant reviews your case and gives you the exact figure before we start, no strings attached.
Legal framework and important notes
Código Orgánico Tributario (Organic Tax Code) · Ley del IGTF (Large Financial Transactions Tax Law) · SENIAT calendar for special taxpayers
- The IGTF applies to certain financial transactions, especially payments in foreign currency and in cash other than bolívars
- For special taxpayers it follows the twice-monthly IVA period, but it's filed and remitted in a separate module of the SENIAT portal
- Remitting the tax is the taxpayer's responsibility
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.