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.
The 2020 elections in Bolivia take place at a crucial moment for the country. After the resignation of Evo Morales and the majority of the members of the Congress of Movement to Socialism (MAS), Jeanine Añez - a former Bolivian senator- became interim president in 2019. Although the 2020 elections in Bolivia were originally scheduled for May, they were postponed until October due to the COVID-19...
Hiring staff through an Employer of Record in Bolivia (also known as an EOR) is a valuable option for those thinking about incorporating a company in the Andean country. As labour regulations in Bolivia are complex, it can be challenging for foreign company executives and recruiters to hire and manage staff in full compliance with the law when expanding. We explain the services offered by...
Bolivia's labor laws are updated regularly, and are wide-ranging and complex. Companies need to keep in mind all the legal advice provided by experts in accordance with the law when hiring employees in Bolivia. As an expanding company, executives should consider engaging with a Professional Employer Organization (PEO) to hire staff and minimize risk of non-compliance with labor legislation....
Find out what corporate secretarial services in Bolivia are available to your business from third-party providers, and how they can relieve pressures on your expanding commercial activities. One of the most important things to take into consideration when doing business in Bolivia is to ensure your company stays compliant with local corporate obligations at all times. These services will help...
Opening a corporate bank account in Bolivia is an essential step once a new company is incorporated in the Andean country. It can be useful to register all the business transactions of your expanding company and eventually inform the local authorities about your financial information. Entities such as the Tax Office and the Registry of Commerce (Registro de Comercio) can ask for a...
Non-profit organizations (NGOs) in Bolivia emerged 30 years ago. However, to this day they still contribute significantly to the country's welfare. In a global comparison, Bolivia is an emerging country with a median average income per capita. However, Bolivia does face certain challenges in areas such as government services, climate change, industrial development, and access to drinking water...
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...