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Related party transactions | 12 Months Ended
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Dec. 31, 2022
Disclosure of transactions between related parties [abstract] |
Related party transactions |
22 | Related party transactions
22.1 | Key management personnel compensation
Remuneration paid or payable to key management personnel of VTEX for services rendered is as follows:
|  | December 31, 2022 |  |  | December 31, 2021 |  |  | December 31, 2020 |
Total short-term remuneration of key management personnel |  |  | 3,107 |  |  |  | 3,010 |  |  |  | 2,441 |
Share-based compensation |  |  | 5,116 |  |  |  | 5,262 |  |  |  | 987 |
Total |  |  | 8,223 |  |  |  | 8,272 |  |  |  | 3,428 |
22.2 | Balances with related parties
As of December 31, 2021, the Group has a liability of US$27 related to the acquisition of non -controlling interest on VTEX ARG (refer to note 19.2(d)) for additional details). As at December 31, 2022, the Group does not have any balance with related parties.

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