Bolivia- Business News and Updates


Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Q&A with experts, and more.

Latest Developments in MERCOSUR Trade Deals and Negotiations

Latest Developments in MERCOSUR Trade Deals and Negotiations

The Southern Common Market (MERCOSUR) brings new trade deals and negotiations to its participating countries Argentina, Brazil, Paraguay, and Uruguay. Its goal is to generate business and investment opportunities. It has driven agreements with other countries, and the so-called Associated States, which lead to meetings and activities between those South American countries. on top of that, MERCOSUR has also brought commercial and political partnerships with countries all over the world. We...

Perceptions on Doing Business in Latin America: Cautious Optimism For Future Growth and Opportunities

Perceptions on Doing Business in Latin America: Cautious Optimism For Future Growth and Opportunities

In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. We received a range of responses from 75 business owners, executives, government officials and other specialists operating in over 40 countries worldwide. 57.3% of respondents are considering expanding...

How to Form an NGO in Bolivia

How to Form an NGO in Bolivia

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 and electricity in more isolated parts. With the help of NGOs, the Bolivian Government has set a...

Survey: Help Us Understand Current Attitudes on Doing Business in Latin America

Survey: Help Us Understand Current Attitudes on Doing Business in Latin America

Take our short survey and share your perceptions about the current and future outlook for doing business in Latin America: Perceptions of doing business in Latin America | Hacer negocios en América Latina We are seeking to understand general attitudes about working or doing business in Latin America, and understand what individuals and companies may be planning for the future. We are seeking to understand general attitudes about working or doing business in Latin America, and understand what...

Changes to Bolivia’s Tax System During COVID-19 Response

Changes to Bolivia’s Tax System During COVID-19 Response

Understand key changes to Bolivia's tax system during the government's response to COVID-19. Importantly, deadlines for filing certain key corporate compliance documents have been deferred. Temporary measures aim to support businesses facing challenges with cash flows or having problems reporting their monthly and annual obligations In order to confront the consequences of the government's response to the COVID-19 outbreak, these temporary measures aim to support companies, small businesses...

Manage Your Business Risks With Due Diligence in Bolivia

Manage Your Business Risks With Due Diligence in Bolivia

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 informed decisions when doing business in Bolivia. These processes provide business owners with critical...

Overview of Import and Export Regulations in Bolivia

Overview of Import and Export Regulations in Bolivia

When your business expands, you may consider importing and exporting goods as the next step. Bolivia is a resource rich country, benefitting from its geographical location within the Andean Community. Its gross domestic product (GDP) was US$39 billion in 2019 according to the World Bank. Before expanding, understanding import and export regulations in Bolivia is necessary to ensure legal compliance and positive economic returns. Bolivia’s economy has been growing in the last few years, mainly...

May 2020 Regulatory Update: Bolivia, Colombia, Costa Rica, Panama, Paraguay

May 2020 Regulatory Update: Bolivia, Colombia, Costa Rica, Panama, Paraguay

Our senior legal and accounting experts deliver monthly updates on regulatory and other changes in their respective countries in Latin America. Find out regulatory changes occurring across Latin America that may impact you and your business. Extension for Registry of Commerce renewal in Bolivia Bolivia's response to the COVID-19 includes an extension of the deadline for commercial renewal with the Registry of Commerce. In Bolivia, the government’s response to the COVID-19 pandemic has included...

When Do You Need a Legal Representative in Bolivia?

When Do You Need a Legal Representative in Bolivia?

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 through a legal entity, make sure to appoint a trusted legal representative in Bolivia. Designation and...

Pin It on Pinterest