The president of the Venezuelan Chamber of Franchises (Profranquicias), Raúl Angulo, reported that The sector has 75 active brands franchising in Venezuelawhich operate more than 2,500 business points throughout the country and generate more than 45,000 direct and indirect jobs.
Likewise, he highlighted that the franchise sector “It is usually a very resilient sector with a lot of possibility of adaptation” and specified that this sector is divided into three groups: gastronomy, services and retail.
He commented that there is interest from Venezuelans who are inside and outside Venezuela to bring foreign brands and operate under the franchise model.
Raúl Angulo pointed out that in 2026, It is presented as “a very beautiful, very challenging year” because all the muscle of resilience and adaptation that they have been developing for decades must be converted “into muscles of competitiveness.”
He stated in Circuit Éxitos 99.9 FM than registering a company in the country “it is still very difficult” and called for procedures to be simplified, among other aspects.
Likewise, he asserted that “Establishing a company and getting it up and running can take 3 or 4 months”but he emphasized that “efforts have been made to improve this, we still have a long way to go.”
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