ISLR withholdings
We handle your ISLR withholdings: we apply the Decreto 1808 table, remit the tax and issue the receipts. From $65.
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 designated as ISLR withholding agents that make payments for professional fees, rent, services or commissions and must withhold, remit and issue receipts under Decreto 1808
What's included and what isn't
Everything clear from the start. No fine print.
Includes
- Applying the Decreto 1808 table to your payments subject to withholding.
- Calculating the period's ISLR withholdings.
- Remittance on SENIAT's portal within the deadline.
- Issuing withholding receipts for your payees.
- Support with the period's withholding report.
Does not include
- Paying in the withheld amount itself (it's money you already withheld from your payees, and you pay it to SENIAT).
- Your own ISLR return (separate service).
- VAT (IVA) withholdings (separate service).
- Full bookkeeping (Monthly accounting).
- 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) and designation as a withholding agent
- List of payments for the period (professional fees, rent, services, etc.)
- Your payees' tax details
- Access to or login details for SENIAT's portal
- Your contact details to coordinate each period
How the process works
You do very little. We take care of the rest.
- Step 1
We review your payments
We analyze the period's payments and their nature.
We do this - Step 2
We apply Decreto 1808
We use the decree's table and calculate the withholdings.
We do this - Step 3
We remit to SENIAT
We remit on SENIAT's portal within the deadline.
We do this - Result
Done
We issue the withholding receipts for your payees.
You receive it
Within SENIAT's deadlines for withholding agents.
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 the volume of payments subject to withholding. What you pay us, professional fees from $65 per period. It goes up depending on how many withholdings you process and how complex they are
What's remitted to the government, the ISLR withheld from your payees, which you remit to SENIAT; we calculate, generate and file it The accountant gives you the exact figure before you pay anything, no strings attached.
FAQ
What happens if I pay professional fees or rent without withholding?
SENIAT charges you the withholding you didn't make, plus a fine. As a withholding agent, you answer out of your own pocket for someone else's tax.
Which payments are subject to withholding?
Professional fees, rent, services, commissions and others under Decreto 1808.
How much does it cost?
The professional fee, from $65, covers the calculation, the receipts and the return for one period; it can be folded into Monthly accounting.
How is it calculated?
With the Decreto 1808 table: each type of payment has its own rate, threshold and code.
What is the receipt for, and what happens at year-end?
The receipt lets your payee credit the advance payment on their ISLR; at year-end, the annual withholding report is put together.
About this procedure
Being an ISLR withholding agent means that when your company makes certain payments (professional fees, rent, services, commissions and others), you have to withhold part of the payee's income tax according to the Decreto 1808 table, remit it to SENIAT and give the payee the withholding receipt. That receipt is key for whoever gets it, because it's what lets them credit that advance payment on their own ISLR return.
The complexity is in the table: each type of payment has its own rate, its own threshold above which withholding applies and its own code, and getting the code or the rate wrong creates differences that SENIAT will claim. On top of that, at the end of the fiscal year you have to put together the annual withholding report. Careless handling doesn't just get you penalized; it also makes life harder for your suppliers, who depend on your receipts to file correctly.
We correctly apply the Decreto 1808 table to each of your payments, generate the withholdings, remit them on time and issue the receipts for your payees. Prices start at $65 per period and go up with the volume of payments subject to withholding. And if you want to keep everything together, it fits 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 ISLR (Income Tax Law) · Decreto 1.808 (ISLR withholding regulations)
- ISLR withholding agents apply the Decreto 1808 table to payments such as professional fees, rent and services, remit to SENIAT and issue withholding receipts
- Each type of payment has its own rate, threshold and code
- The withheld amount belongs to the treasury; remitting it is the agent'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.