Discusses opportunities for U.S. franchisers and legal requirements in the market.
Last Published: 2/17/2019

Franchising is allowed under foreign investment laws.  Franchise payments, royalties, patents, or technical assistance agreements must be registered with MIPPCOEXIN.  Certain payments for the use of franchise rights may be subject to withholding taxes. 

In Venezuela, there are approximately 500 franchisors owning and operating 12,500 franchisee points throughout Venezuela, according to the Venezuelan Franchise Chamber.

Historically, U.S. franchises have enjoyed some success in Venezuela, including:  Quizno’s, TGI Fridays, Papa John’s Pizza, McDonald’s, Burger King, Domino’s Pizza, KFC, Cinnabon, and Tony Roma’s.  Many other U.S. franchises in other sectors are present in Venezuela.  
 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.


More Information

Venezuela Franchising Business Management