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Labor Laws in Bolivia

  • Annual Leave: 15 days
  • Maternity Leave: 90 days
  • Public Holidays: 13
  • Workweek: 48 hours per week.
  • Overtime:Maximum 2 hours per day.

Income Tax in Bolivia

Bolivia taxes individuals only on their Bolivian-source income, regardless of their nationality/residence.

In this regard, income arising from goods/assets located or used economically within Bolivian territory and performance of any activity carried out within the country is considered Bolivian-source income.

The personal income tax (Regimen Complementario del Impuesto al Valor Agregado or RC-IVA) rate is 13%.

Value Added Tax (VAT) in Bolivia

VAT paid in export-related purchases or expenses may be recovered through tax refund requests. VAT Standard rate: 13 percent (effective rate 14.94 percent).

Social Security in Bolivia

Social security benefits cover old age, disability, and survivor benefits; sickness and maternity benefits; worker’s medical benefits; work injury coverage; disability benefits; unemployment benefits and family allowance benefits.

Pension funds are administered privately, and only employees contribute toward their retirement pension.

The employer must contribute 14.71% (16.71% for mining companies) and the employee must contribute 12.71%.

Work Visas Bolivia

Here is work visa information for Bolivia, download our guide for an extensive breakdown.

Expatriates who want to engage in remunerated activities in Bolivia must apply for a visa or residence permit that entitles him or her to work.

The most common of these documents are provisional work permits for tourists, subject-to-contract visas, and temporary visas.

Except for provisional work permits, these permits may be obtained after the expatriate has entered the country. Individuals may also obtain the documents before their arrival through a Bolivian consulate abroad.

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