BANAVIH employer registration
We register your company as an employer with BANAVIH on FAOV en Línea, the mandatory registration for filing housing savings. 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.
- New companies, or companies not yet registered with BANAVIH, that need to register as employers on FAOV en Línea so they can file and pay their employees' housing savings contributions
What's included and what isn't
Everything clear from the start. No fine print.
Includes
- Handling of your employer registration with BANAVIH on FAOV en Línea.
- Correct entry of the company's details.
- Enablement to file FAOV.
- Your company, ready to register its employees.
Does not include
- Registering the employees in FAOV (separate service: FAOV employee registration).
- The monthly filings (separate service: Monthly FAOV filing).
- The contributions themselves, which the company pays.
- Registration with IVSS (Venezuelan Social Security Institute) or INCES (national training institute; collects the employer training levy), which are separate procedures. We can handle it separately:IVSS →INCES →
What you need
Check off what you already have. You don't need everything to request your quote.
You have 0 of 5.
- Company's current RIF (Venezuelan tax ID)
- Articles of incorporation and bylaws, or Registro Mercantil (Commercial Registry) record
- Legal representative's details
- Company's address and business activity
- Your contact details for coordination
How the process works
You do very little. We take care of the rest. The whole process: on average, 3 to 5 business days.
- Step 1
Tell us about your company
We gather the company's details and required documents.
You do this - Step 2
We handle it on FAOV
We complete the employer registration on FAOV en Línea.
We do this - Step 3
We enter the information
We upload the company's details correctly.
We do this - Result
Done
We leave your company enabled to file FAOV.
You receive it
Depending on the response from FAOV en Línea, the online system of BANAVIH (national housing bank).
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: 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 covers our handling of the registration. Our professional fees, from $45, to register your company as an employer on FAOV en Línea. Adjusted to your case
The registration carries no government fee; what comes after are the monthly FAOV contributions, which the company files Your accountant gives you the exact figure before you pay anything, no strings attached.
FAQ
What happens if I don't register the company with BANAVIH?
Your employees don't build up housing savings, and you build up unpaid contributions with penalties. Every employer with dependent employees is required to register.
Is it the same as the IVSS registration?
No. They're different agencies; BANAVIH handles housing savings.
How much does it cost?
The professional fee, from $45, covers the company's complete registration as an employer; BANAVIH charges no official fee to register.
Is FAOV a tax?
No. It's savings that build up in each employee's name for their home loan.
What do I need?
RIF, articles of incorporation, IVSS registration and the representative's details; we give you the list.
About this procedure
Before you can file the housing savings of a single employee, your company has to be registered as an employer with BANAVIH, the National Housing and Habitat Bank (Banco Nacional de Vivienda y Hábitat), through FAOV en Línea. It's the step that enables everything else: without that registration you can't file, you can't contribute, and your employees don't start building the savings that will one day help them get a home loan.
What many employers miss is that FAOV (mandatory housing savings fund) isn't a tax that's gone for good: it's savings that build up in each employee's name, which they can later use to qualify for a mortgage loan. That's why complying properly isn't just about avoiding a fine; it's a real benefit for your people. But for that benefit to kick in, the company has to be properly registered from the start, and FAOV en Línea, like any portal, has its snags for anyone who doesn't know it.
We get you registered and enabled: we handle your employer registration with BANAVIH on FAOV en Línea, enter the company's details correctly and leave you ready to start filing your employees' housing savings. Pricing starts at $45 and is adjusted to your case. An advisor reviews your situation and confirms with you before we start, no strings attached.
Legal framework and important notes
Ley del Régimen Prestacional de Vivienda y Hábitat (Housing and Habitat Benefits Law, FAOV)
- Employer registration with BANAVIH is done on FAOV en Línea and enables the company to file the housing contribution
- It's mandatory for every employer with dependent employees
- FAOV is savings (not a tax) that build up in the employee's name for a home loan
- It's a prerequisite for registering employees and filing
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.
With this procedure, almost everyone also asks for
Add them to your briefcase and we quote everything together, no strings attached.
