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.
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.
11Holidays per year
40to 48 hours per weekWorking hours per day or month
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.
Hiring in 
Bolivia.
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.
Compensation & Benefits in Bolivia.
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.
BOB2,362 per monthMinimum wage per month
15daysAnnual 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.
Bolivia Visas & Permits.
If you want to expand your company into new, unsaturated markets, building a global workforce is your first step.