Why Outsource Corporate Secretarial Services in Bolivia?

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 companies to develop their activities without legal hurdles. 

Any company needs the best legal, accounting and financial advice, in order to fulfil all requirements before regulatory entities on time. Being a constant support to manage companies’ compliance, corporate secretarial services will help a company in Bolivia to avoid penalties. 

What are the available corporate secretarial services in Bolivia?

Legal and financial audit

One of the most important corporate secretarial service in Bolivia is the analysis of all company documents; a legal and financial audit will detect any problems in the company’s compliance with its annual obligations. Once the audit is completed, a legal report will determine if the company’s compliance is faultless. If the audit detects some pending obligations actions can be taken immediately to avoid any kinds of penalties from public entities, such as the Bolivian Tax Office.

Payroll and personal

Each month, the Ministry of Labor and social security demand a payroll declaration. Having corporate secretarial services in Bolivia for your company will guarantee to fulfill the social obligations with the company’s employees.

Accounting Registry and Bookkeeping 

Every company needs to register all financial movements monthly to declare VAT (Value Added Tax 13% and IC, Income Tax, 3%). Corporate secretarial services provide optimal accounting advice during the year.

Annual Company Meeting and Trade registry renewal 

Financial statements need to be approved by the shareholders’ Annual Company Meeting. On this meeting, shareholders will know the current status of the company and make decisions to be executed in the near future. That’s why shareholders, no matter where they live around the world, need the best support to implement the decisions taken for the company. Hire corporate secretarial services in Bolivia to obtain the Trade Registry Renewal on time and fill all the documents required for this procedure.  

Advantages of outsourcing regulatory requirements

When fulfilling company compliance, a corporate secretarial service in Bolivia will be an advisor that will guide the company to the best legal solutions recommended by experts, making the company’s development much easier.

The most important benefit of outsourcing corporate secretarial services in Bolivia is that experts will be in charge of the compliance of your company, and they assist you in all monthly and yearly administrative procedures, while you can focus on your business. 

Outsource your corporate secretarial services in Bolivia with a trusted expert

At Biz Latin Hub, we offer practical assistance and expertise to assist companies in their operations and activities with the best legal advice. Our team of local and expatriate professionals are fully equipped to deliver a full suite of multilingual market entry and back-office services.

Relieve pressures on your team to understand and comply with the Bolivian regulatory environment by partnering with experienced professionals to deliver corporate secretarial services for your company. Contact us to find out more about how we can serve your needs. 

Learn more about our team and expert authors.