Tariffs & taxes
Venezuela import duty calculator and formula
Official from an official text we read (Gazette or regulation). Reported from press, law firms or companies, with its date. Unconfirmed no reliable source: ask before acting.
Importing into Venezuela costs the tariff for your HS line, a 1% customs fee on customs value and 16% VAT on the value plus those charges. On 1,000 dollars of goods that adds up to 17.2% (0% tariff) to 40.4% (20% tariff). Enter your figures in the calculator to get the full landed cost; find your tariff rate in the tariff search.
The formula, line by line
| Step | Calculation | Legal basis | Certainty |
|---|---|---|---|
| Customs value (V) | Goods + freight + insurance (CIF) | The law uses «customs value»; that it equals CIF comes from trade guides | Reported |
| Tariff | Rate for your line × V | Customs Tariff, Decree 4,944 (2024), reformed by Decree 5,103 (2025) | Official |
| Customs fee | 1% × V | Decree 1,505, art. 17 | Official |
| VAT | 16% × (V + tariff + fee + other import costs) | VAT Law, art. 21 (base) and Decree 4,079 (16%) | Official |
Including the 1% fee in the VAT base is our reading of art. 21, which includes «taxes… and other costs arising from the import». The 16% rate is set by Decree 4,079 (Dec 26, 2019); the law itself only sets an 8%–16.5% range (art. 27).
Worked examples on 1,000 dollars
| Tariff | Duty | Fee 1% | VAT 16% | Total taxes |
|---|---|---|---|---|
| 0% | 0.00 | 10.00 | 161.60 | 171.60 (17.2%) |
| 12% | 120.00 | 10.00 | 180.80 | 310.80 (31.1%) |
| 20% | 200.00 | 10.00 | 193.60 | 403.60 (40.4%) |
| 35% | 350.00 | 10.00 | 217.60 | 577.60 (57.8%) |
What isn’t confirmed
Whether the 3% IGTF financial transactions tax applies to paying import duties, and which exchange rate and date customs uses to convert to bolívares Unconfirmed. The calculator’s button pulls today’s official BCV rate from FinanzasVE as a reference.
Questions people ask
What taxes apply to imports into Venezuela?
Three, as a base: the tariff for the HS line (Decree 4,944 of 2024 and its reforms), a 1% customs fee on customs value (Decree 1,505, art. 17) and 16% VAT on customs value plus those charges and import costs (VAT Law, art. 21).
How much is the total tax on 1,000 dollars of goods?
171.60 dollars (17.2%) with a 0% tariff, 310.80 (31.1%) with 12%, and 403.60 (40.4%) with 20%, using the 1% fee and 16% VAT on value plus duty and fee.
Sources checked on November 8, 2026
- VAT Law (arts. 21 and 27) and Organic Customs Law — Official Gazette 6,507 Extraordinary, Jan 29, 2020
- Customs fees regulation, Decree 1,505, arts. 16, 17 and 25 (vLex Venezuela)
- Partial reform of the Customs Tariff, Decree 5,103 — Official Gazette 6,890 Extraordinary, Mar 6, 2025
- Acceso a la Justicia — VAT rate, Decree 4,079 (16%)
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