Articles written by this author include Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Professional Employer Organization (PEO) news, Q&A with experts, and more.
Due diligence in Bolivia is the best way to ensure the safety and security of your business operations in the country. Future business executives should be aware of the challenges they may face when doing business in Bolivia, such as the local legislation, market behavior, and appropriate risk management. Undertaking due diligence processes will significantly improve your ability to make...
A legal representative in Bolivia is vital for the functioning of a legal entity. The legal representative acts on behalf of the legal entity in order to carry out various regulatory procedures and formalities. In recent years, Bolivia has managed to maintain a stable economy that favors trade and investment, with sustained growth and low inflation rates. When doing business in Bolivia...
Find out what legal entities in Bolivia are available for expanding businesses to carry out their commercial operations. There are several legal entities to choose from, and it is wise to seek expert guidance and advice on which is best for you. It is crucial to understand and comply with all legal and accounting requirements for that entity in Bolivia. The Bolivian Commercial Code establishes...
Find out the key steps to register a trademark in Bolivia, including conducting a trademark search in Bolivia to confirm your distinctive signs are unique. When operating commercially, it is common to use a brand, logo, or slogan to help identify your company and products. Your brand is distinguished from others; it generates trust and loyalty among customers. As your business grows, it attracts...
Find out how to liquidate your company in Bolivia and exit the market during challenging economic times. Currently, Bolivia has been working on improving its economic growth and reduce its inflation rate. Though there are many options and favorable conditions to do business in Bolivia, economic growth can be sluggish and business owners may decide to liquidate a company as final decision. To...
Biz Latin Hub is expanding its reach in the region; we’re now providing our suite of market entry and back-office services in Bolivia. As a regional legal and accounting services provider in Latin America, we’re already operating in the five other countries surrounding Bolivia: Brazil, Paraguay, Argentina, Chile, and Peru. Bolivia will be the sixteenth country where Biz Latin Hub has expanded...
Overshadowed by some larger and more prominent regional players, entrepreneurs may overlook some valuable opportunities to start their business in Bolivia. Recently with the resignation of the former president, Evo Morales, Bolivia faces some political and social uncertainty, making it difficult to discern the conditions for doing business in Bolivia. However, despite this uncertainty, Bolivia...
Entrepreneurs planning to set up a business in Bolivia should consider current regulations and take advantage of Bolivia's change of perspective about foreign businesses. The country has begun to open up to international business and investment due to hydrocarbon projects. It is reported that only 10% of Bolivian minerals have been extracted so far, in addition, the country has one of the...
Bolivia is famed for its oil and gas industries alongside its enormous mineral extraction market. However, Bolivia has been diversifying its industries, placing more focus into tech manufacture, telecommunications, fintech and also financial services. Over recent years, oil and gas in Bolivia has performed worse year on year. To combat this, Evo Morales and his government have initiated a number...
As Bolivia enters into a crucial stage in the election process, polls suggest Evo Morales of the Movimiento al Socialismo (MAS) party leads the pack, as he runs for his fourth term as President. The primaries, a first in Bolivian history, held back in January, had the left-wing Morales ahead with 36.5% of the total primary votes with the nearest challenger, Virginio Lema, receiving only 7%....