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Related party transactions
 12 Months Ended
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.