Please find the most recent information by visiting the following link: https://www.bizlatinhub.com/company-formation-in-bolivia/ This South American nation is located in a privileged position within Latin America, sharing a border with 5 countries. Bolivia has an open economy, and recent governments have ensured that investors receive the same treatment as locals, resulting in an increase in foreign direct investment and trade. As Bolivia's middle class grows and the population becomes increasingly educated, many foreign companies look to establish a company to access new clientele and take advantage of low labour costs. Check out the presentation below created by our legal team in Bolivia to discover the key steps involved in the company formation process.

1. How to Form a
Company in
Bolivia?
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2. Why
Incorporate
a Company
in Bolivia?
Growing
middle-class and
economy
Rich in
non-renewable
resources
Low VAT
rate - 13%
A great trading
platform, bordering
5 countries
Impressive
agricultural
sector

3. Types of Legal Entities
Limited Liability Company (S.R.L.)
Corporation (S.A.)
Branch Office
Limited Liability Partnership
The majority of companies
that are set up in Bolivia are
either Limited Liability
Companies (Sociedad de
Responsabilidad Limitada -
SRL) or Corporations (Sociedad
Anonima – SA).
This presentation will outline
the process of forming a
Limited Liability Company.

4. Fact Sheet S.R.L.
Yes
Is foreign ownership allowed?
Yes
Can the company sponsor foreign employees?
No
Are there capital controls?
6-8 weeks once all
documentation is submitted
How long does it take? (including bank account)
USD$1
Is there a minimum share capital?
2
What is the minimum number of shareholders?
Yes
Are a fiscal address and legal representation
required?

5. How to do it.
In order to successfully form your
company, you will have to follow the
steps outlined in this presentation.
There are 6 main steps involved in this
process.

6. Step 1
A POA is a legal document allowing our
team to form the company on your
behalf.
Draft
and Sign a
Power of Attorney (POA)

7. Step 2
The company bylaws define
a company’s purpose and how it will
operate.
Create the
Company Bylaws

8. Step 3
Before all the required governmental
authorities (Ministerio de Economía y
Finanzas Publicas, Camara de Comercio
e industria etc.).
Register
the Company

9. Step 4
Register with the national tax authority
and obtain company tax ID number
(NIT).
Obtain the
company and
tax ID numbers

10. Step 5
Subscribe the capital you wish to invest
in the company.
Initial
company
investment

11. Step 6
You will have to open a corporate
bank account and deposit the required
capital in order to activate it.
Open
and activate
a corporate
bank account

12. Biz Latin Hub is a market leader in
helping individuals and companies to
successfully do business globally and has
multilingual services that are reliable,
tailored and responsive.
Our group is owned and managed by an
experienced team of local and expat
professionals, dedicated to assisting our
clients to navigate their way through the
complexities of the global business
environment.
We can help!

13. See how our services can support
your global expansion.
Legal Services
Accounting
& Taxation
Immigration

14. Are you ready to expand globally?
Contact us now.
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