Employer of Record in Venezuela

For companies building teams of 10 or more in finance, accounting, HR/payroll, BD, operations, or IT — not for individual hires.
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Why companies build teams in Venezuela

Lundi supports compliant employment in Venezuela on a case-by-case basis given ongoing economic and political instability. Significant senior Venezuelan talent has relocated regionally (Colombia, Spain, Argentina, Mexico). Lundi typically recommends sourcing the relocated talent in its current geography.

Languages

Spanish

Payroll Frequency

Monthly

Currency

VEF

Capital City

Caracas

Employer Tax Rate

15.75% - 27%

Venezuela historically had strong professional talent in Caracas — oil/gas, finance, and tech. Since 2015–2020, ongoing economic collapse, hyperinflation, and political instability have driven extensive talent emigration — approximately 7 million Venezuelans have left the country, with substantial professional talent now in Colombia, Spain, Argentina, Mexico, and the United States. Lundi supports compliant employment in Venezuela on a case-by-case basis but typically recommends sourcing the relocated Venezuelan talent in its new geography. For Spanish-language operations Colombia (which has absorbed the largest share of Venezuelan migrants), Spain, Mexico, or Argentina are typically the right answers.

Cost of Employment in Venezuela

In Venezuela, professional recruitment agency fees range from 22-27% of the first-year annual base salary of a recruited employee. Recruitment agencies also require an upfront retainer and payment in advance installments of the agency fee based on milestones such as start of recruitment, presentation of candidates, and scheduling interviews with a candidate shortlist.

We know this might sound overwhelming—but it doesn’t have to be. A solution like Lundi eliminates the barriers for you. With Lundi, you can recruit talent across 70+ countries, easily managing recruitment—all in one, easy-to-use platform. Get an overview of what you need to know when hiring in Venezuela below.

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Employer Tax Costs in Venezuela

Employers in Venezuela are required to pay 15.75% - 27.00% on top of an employee’s salary in social contributions.

Employee Income Taxes in Venezuela

Employees in Venezuela are taxed between 6% and 34% depending on their income bracket. Employees also make 6% of social security contributions.

Employee Probation in Venezuela

There is no statutory probation period in Venezuela; this is usually agreed upon in the employment contract. However, as it is possible to dismiss an employee with no justification during the first 30 days of service, this period is often referred to as the probationary period.

Employee Overtime in Venezuela

The workweek is generally limited to no more than five eight-hour days and a maximum of 40 hours per week. For employees under 18, work hours are limited to 6 hours a day or 30 hours a week.

Employee Notice in Venezuela

There is no statutory notice period in Venezuela; this is usually agreed upon in the employment contract.

Termination in Venezuela

The termination process varies according to the employment agreement or collective agreement in place and is based on the type of contract and reason for termination.

How Lundi works in Venezuela

Build

We scope your team and recruit the right people in-country — finance, accounting, HR/payroll, BD, ops, or IT.
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Operate

We employ the team via our local entity and run the day-to-day — payroll, compliance, HR, and performance management.
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Transfer

When you're ready, we transition the team to your own legal entity. Or stay on Lundi's infrastructure indefinitely — your choice.
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Why Companies Choose Lundi

If you need help with anything, we're here for you

Who is Lundi for?

Lundi works with companies building international teams of 10 or more — typically in finance, accounting, HR/payroll, BD/sales, operations, or IT. Not for one-off hires or individual placements.

How is this different from an EOR?

EOR platforms employ individuals for you. Lundi recruits, employs, and operates concentrated teams — including day-to-day management, HR, and an optional path to your own entity. It's the operating model for companies that have outgrown the EOR ceiling.

Still have any questions? Talk to us.