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Expand your global workforce in Bolivia flagBolivia

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Bolivia

POPULATION

12,186,079

LANGUAGES

  1. Spanish

  2. Quechua

COUNTRY CAPITAL

Sucre

CURRENCY

Boliviano (BOB)

Everything you need to hire in Bolivia.

EOR Overview Thumbnail

Employer of Record in Bolivia.

Country-specific labor laws create various obstacles for expanding international companies. Complying with standards that change between countries, states, and even municipalities is complex, and failing to do so can have consequences.

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11

Holidays per year

40 to 48 hours per week

Working hours per day or month

Payroll Overview Thumbnail

Payroll in Bolivia.

When you employ a global workforce, you can manage their payroll in a few ways. Several of those strategies create administrative burdens for your team, and others incur high fees for a third party’s services. Plus, few solutions free your company from legal responsibility in the event of oversight or noncompliance.

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Find out more about global payroll

Hiring in Bolivia flagBolivia.

Hiring is a complicated process. Being able to navigate the complexity of international hiring improves your company’s reputation. However, preparing to hire for a new country is time-consuming, and handling these responsibilities can burden your team.

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Compensation & Benefits in Bolivia.

Understanding national employment laws is essential when your company has a global workforce. You must follow the compensation and benefits regulations in each country where you have employees. Some of your responsibilities include paying workers the minimum wage and offering benefits.

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BOB 2,362 per month

Minimum wage per month

15 days

Annual vacation leave (min)

BOB 2,362 per month

Minimum wage per month

15 days

Annual vacation leave (min)

Bolivia Subsidiary.

Bolivia is an increasingly popular destination for companies that want to test unsaturated markets. As a member of the World Trade Organization, the nation has seen more trade and improved business opportunities.

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Bolivia Subsidiary
Work Visas and Permits GuideAn illustrative card displaying information about work visas and permits, including visa types, requirements, and the application process.Work visas & permits inBolivia

Bolivia Visas & Permits.

If you want to expand your company into new, unsaturated markets, building a global workforce is your first step.

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Disclaimer

THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.

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