FAOV employee registration
We register your employees in FAOV with BANAVIH so they start building their housing savings and your company is compliant. 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.
- Employers already registered with BANAVIH who need to add their employees to FAOV, so they build their housing savings and the company complies with the housing regime
What's included and what isn't
Everything clear from the start. No fine print.
Includes
- Adding each employee to FAOV en Línea.
- Entry of the employees' details.
- Verification that they're correctly registered.
- Proof of the registrations completed.
Does not include
- Registering the company as an employer, if it isn't yet (separate service: BANAVIH employer registration).
- The monthly filings (separate service: Monthly FAOV filing).
- The contributions themselves, which the company pays.
- Handling an employee's mortgage loan (separate procedure).
What you need
Check off what you already have. You don't need everything to request your quote.
You have 0 of 5.
- Company already registered as an employer with BANAVIH
- Each employee's details, including cédula (Venezuelan ID card), full salary (salario integral) and start date
- List of the staff to be registered
- Login credentials for FAOV en Línea, or coordination to access it
- 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
Share your employees
We gather the details of the employees to be registered.
You do this - Step 2
We load them
We upload them to FAOV en Línea.
- Step 3
We verify
We check that they're correctly registered.
We do this - Result
Done
We give you proof of the registrations.
You receive it
Per batch of employees, depending on 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 registrations. Our professional fees, from $45, for registering your employees. They go up with the number of employees
The monthly FAOV contributions, which the company files, are separate Your accountant gives you the exact figure before you pay anything, no strings attached.
FAQ
What happens if I don't register my employees in FAOV?
You cut off their savings for a home loan, and you're exposed to penalties and to claims for the contributions for the entire time they weren't registered.
What does the employee gain?
They start building savings to qualify for a home loan.
How much does it cost?
The professional fee, from $45, covers registering a small group; it's adjusted to the number of employees.
Do I have to register the company first?
Yes. First the company as an employer, then the employees.
What do I need?
Each employee's details, start date and full salary.
About this procedure
Once your company is registered with BANAVIH, the next step is to add your employees to the mandatory housing savings fund (Fondo de Ahorro Obligatorio para la Vivienda). Every dependent employee must be loaded into FAOV en Línea so their contributions start building up month after month in their housing savings account. That's what turns compliance into a concrete benefit for your people.
And there's something worth your team understanding here, because it works in your favor as an employer: those savings aren't money that vanishes. They build up in each employee's name, and they're what one day lets them qualify for a mortgage loan to buy, build or improve their home. A company that has its people properly registered in FAOV isn't just compliant; it's giving its employees access to a benefit they truly value. Not registering them, on the other hand, cuts off that right and leaves you exposed to penalties.
We register your staff correctly: we load each employee into FAOV en Línea, verify they're properly registered and leave you with proof that your entire payroll is building its housing savings. Pricing starts at $45 and is adjusted to the number of employees. An advisor reviews your case 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)
- Dependent employees must be registered in FAOV so their contributions (employer 2%, employee 1% of full salary) build up in their housing savings account, the basis for qualifying for a mortgage loan
- The company must be registered first
- The company files and pays the contributions
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.