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.
Take advantage of business opportunities in Bolivia when expanding your business in South America. During the last years, Bolivia has managed to maintain a prosperous economy that promotes trade and investment, with sustained growth and low inflation rates. The country, which shares borders with important regional players such as Argentina, Chile, Brazil and Peru, offers foreign investors the...
It is essential for foreign executives to know their obligations for corporate compliance in Bolivia. Understanding and complying with local law means being able to expand into Bolivia as smoothly as possible while remaining in good standing with local authorities. Learn all you need to know about corporate compliance in Bolivia. Types of companies and corporate compliance in Bolivia Corporate...
Each day foreign business executives see Latin America as a great place to start a business, initiate projects, or buy properties. Bolivia is one of the countries where foreign citizens can buy property at affordable prices and for greater economic value in the future. Learn about the key tips and regulations that need to be considered to buy property in Bolivia as a foreign citizen. What you...
Measures taken to prevent the spread of Covid-19 have highlighted the importance of the e-commerce sector in Bolivia. People and companies in the country have increasingly relied on technology to satisfy the large demand for goods and services. Currently, e-commerce is now the 'new normal' way of trading in Bolivia and is rapidly expanding. While there are still many development steps to be...
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...