Doing Business in Bolivia
Your expert local partner for legal setup, tax compliance, accounting and payroll — from day one and in your language.
Why Bolivia?
A strategic market at the heart of South America, with competitive costs and growing sectors.
Competitive Tax Rate
25% corporate income tax (IUE). No capital gains tax on reinvested profits. Stable tax framework with clear regulations.
Strategic Location
Borders Argentina, Brazil, Chile, Peru and Paraguay. A natural hub for trade, logistics and regional distribution.
Growing Sectors
Agribusiness, mining, energy, technology services and financial services — with increasing foreign investment flows.
What does a foreign company need to operate in Bolivia?
Whether you open a branch or incorporate a new entity, the regulatory path is the same — and Otium manages every step.
Legal structure decision
Branch or new entity (SRL/SA). We assess your activity, partners and goals to recommend the right structure.
Document apostille & translation
Foreign corporate documents (articles, powers of attorney) must be apostilled and translated. We coordinate the entire process.
Inscripción en SEPREC
Commercial registry with the Plurinational Service of Commerce Registry. Mandatory before any other step.
NIT — Tax ID (SIN)
Registration with Bolivia's National Tax Service, including selection of the applicable tax regime.
Habilitación de facturación electrónica
Bolivia uses mandatory electronic invoicing. We set up your system so you can bill from day one.
Ongoing compliance
Monthly VAT (IVA), corporate tax (IUE), payroll (AFP/CNS) and financial reporting — managed by our team.
Otium handles the full operational setup
We are not a law firm or a registration office. We are a multidisciplinary firm — legal partners, accountants, tax advisors and a technology team — working together so your company launches without compliance gaps.
- Company incorporation (SEPREC + NIT + invoicing)
- Monthly accounting & financial close
- Tax returns (IVA, IT, IUE) and SIN filings
- Payroll, AFP and Ministerio de Trabajo filings
- Executive Power BI dashboards in your language
- Document Management in SharePoint
Trusted by international companies operating in Bolivia
I have been working with Otium since the very beginning of my business journey, and honestly, it has been one of the best professional experiences I've had. Their team is always professional, supportive, and whenever I need help, they are always there for me.
Karan Sharma
Propietario, Sabor de la India
Otium was a member of IECnet — they performed their activities in a very professional and good standing way during their time with us.
Stefano Ciccioriccio
Partner, Ciccioriccio e Associati
Frequently Asked Questions
Ready to enter the Bolivian market?
Schedule a free initial consultation. We will review your structure, timeline and compliance requirements — no strings attached.