Articles written by Legal Team Bolivia on Business news updates, Legal / Law changes, Regulatory updates, Industry reviews, Legal advisory, Accounting advisory, Expert Q&As and much more.
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...
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...
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...
There are plenty of features that make the Bolivian economy attractive to foreign investors. Due to sustained economic growth, Bolivia reached its highest GDP levels in 2018 with US$40.29 billion; an increase of 4.224% compared to 2017, according to Trending...
Taxes include fees, special contributions and municipal license deducted at various rates according to the individual’s or company’s financial and economic activity. Corporate tax or company tax is a direct tax by the government on a firm’s profit. The money is...
In recent years, Bolivia has been working on highlighting its strengths to attract foreign investors. The country aims to achieve legal certainty and clarity, and balance macroeconomic, political and social stability. Bolivia makes it quite clear that the country...
Bolivia closed 2018 with one of the highest economic growth rates in Latin America, staking its claim as a stable and attractive investment location. One great way to take advantage of all that Bolivia has to offer is through the formation of a local company. However,...
Although foreign direct investment flows declined between 2013 and 2016, Bolivia’s FDI jumped to $725 million in 2017, more than double 2016’s figures. Its recovery is thanks to increased investment in marketing, transport, ICT, and mergers and acquisitions in the...
Bolivia may not be the first LATAM country you consider when expanding into the region, but it is becoming an increasingly popular choice for entrepreneurs looking to capitalize on new and growing markets. Indeed, despite being one of the least developed countries in...
With more businesses than ever expanding into Latin America and entrepreneurs taking a global attitude towards growth, more and more Western organizations are choosing markets such as Bolivia as part of their international expansion plans. Whilst not the largest or...