www.conapri.org Executive Resume of the Information and Communication Technologies Business Profile (2006), edited by the Venezuelan Council for Investment Promotion, CONAPRI Get the complete version at the www.conapri.org Virtual Store

1. Imagen 14,61 x 10,61 INFORMA TION & COMMUNICATIONS TEC H NOLOG IE S Executive Resume Caracas, January 2007 Get the complete version at www.conapri.org Virtual Store

7. INTRODUCTION

10. COUNTRY PROFILE and the legal system

13. Obtain a visa Incorporate the company Register company with tax authorities Register company’s investment Register company with social security agency Register company with INCE Business Visitor’s Visa Investor Visitor’s Visa Decide on type of company Name the company Pay in minimum required capital File with Mercantile Registry Publish incorporation papers Banking Oil and gas Insurance Mining Other sectors Draw up articles of incorporation and bylaws General Legal Framework

14. Besides the figures given earlier, there are other factors that will give us an overview of the sector: Telecommunications Infrastructure Manpower Legal Framework Synergies between main players Venezuela has one of the best telecommunications networks in Latin America. Joint Cooperation Programs among the different sectors Existence of government programs favoring the development and use of ICTs There are good universities, institutes of technology, and other research centers in Venezuela. Article 110 of the Venezuelan Constitution Decree 825, decree on Data Messages and Electronic Signatures with the rank of a law Laws: Telecommunications, Science & Technology

15. ICT IN VENEZUELA

20. Source: Central Bank of Venezuela , Quarterly GDP by class of economic activity at constant 1997 prices . Indicators: Telecommunications Venezuela

22. Web site htttp://www.conapri.org Phone: +58 212 953 1946 Fax : +58 212 953 3915 Address Calle Guaicaipuro Torre Forum Planta B aja, O ficina LC-A El Rosal Caracas 1060, Venezuela Contact us