Working in Sri Lanka for a corporation in Venezuela

Can I work remotely for a company in Venezuela while being in Sri Lanka?

It is usually doable, but we recommand to check the following key points first:

  1. The company is located in Venezuela.
  2. You are not a Venezuelan citizen, and you have not a residence permit in Venezuela.
  3. You are not a Venezuelan national.
  4. You are not a Venezuelan citizen who has a residence permit in Venezuela.
  5. You are not a Venezuelan national who has a residence permit in Venezuela.
  6. You are not a Venezuelan citizen who has a residence permit in Venezuela and is working in Sri Lanka.

How to live in Sri Lanka and find remote work in Venezuela?

Finding remote work in Venezuela if you are located in Sri Lanka might be difficult, therefore we recommend you to move to Venezuela.

We are currently working on a guide about how to live in Venezuela and how to find remote work in Venezuela.
We will cover topics like:
How to get a visa for Venezuela
How to find remote work in Venezuela
How to move to Venezuela
How to find a job in Venezuela
How to find accommodation in Venezuela
How to live in Venezuela for a long time
How to find a company in Venezuela
How to find a co-working space in Venezuela

How a company in Venezuela can send my salary in Sri Lanka?

When working remotely for a corporation in Venezuela, you salary can be send to Sri Lanka but there are some rules to follow.

Venezuela is a country in South America with a population of 30 million people. It is a member of the Community of Latin American and Caribbean States (CELAC), the Bolivarian Alliance for the Peoples of Our America (ALBA), the Union of South American Nations (UNASUR), the Union of Arab States (UAES), and the Community of Latin American and Caribbean States (CELAC).
The country is divided into 23 states and 1 federal district. Its capital is Caracas.

Where to pay my taxes when working remotely in Sri Lanka for a company in Venezuela?

If you are working remotely in Sri Lanka for a corporation established in Venezuela, taxes could seem complicated but in fact , it is not that difficult.

What is the difference between a company incorporated in Sri Lanka and one established in Venezuela?
Incorporation is the legal procedure of establishing a company in Sri Lanka. Companies can be incorporated under the Companies Act, No. 21 of 1978 (as amended) or under the Companies Act, No. 11 of 1989 (as amended).
A company incorporated in Sri Lanka is a legal person, which is a separate entity from the shareholders. The company is governed by a Board of Directors and has the power to act on behalf of the shareholders.
A company established in Venezuela is not a legal person but a trust. In a trust, the beneficiaries are the owners of the trust, and the trustee is the person who manages the trust.
A trust can be established in Venezuela under the Law on Trusts and the Law on Societies.
A trust is a legal entity in itself, which is a separate entity from the beneficiaries. A trust can be a private or a public trust. The beneficiaries of a private trust are the owners of the trust, and the trustee is the person who manages the trust.
The beneficiaries of a public trust are the owners of the trust, and the trustee is the person who manages the trust.

Who is the taxpayer?
The taxpayer is the person who is liable to pay taxes.
The taxpayer is the owner of the company.