The fisheries of the Bolivarian Republic of Venezuela is dominated by small-scale fisheries (SSF) accounting for 245,477 tons (81%) of the national production (302,146 tons). Thus, the socio-economic importance of marine SSF cannot be overemphasised – contributing significantly to the provision of employment, income and as a source of protein for the population. The legal and institutional framework of the fisheries of Venezuela comprise of both national regulations and ratified international conventions. In addition, Venezuela is a member of the Western Central Atlantic Fishery Commission (WECAFC) - as one of the main producing countries by volume. Accordingly, regional governance is crucial for sustainable fisheries resources stewardship in the WECAFC area. This present a nested institutional arrangement situation in WECAFC countries with far reaching demands for institutional compatibility at multiple levels. Another issue which immediately becomes a concern is, the capability of the governance framework emanating from such nested institutions to address the inherent features of the SSF systems. This study will try to find out how equipped or well-marched are the principles and institutions of the governance system in the fisheries of Venezuela so as to address challenges and create opportunities in the marine SSF system. Nested institutional analysis allied with the interactive governance framework will be brought to bear on analysing the fisheries system in Venezuela. This study results will provide the degree of institutional compatibility and the adequacy of the governing system to address the peculiar characteristics of the system to be governed for policy consideration.