Remote’s guide to employing in

bolivia flag

Make employment in Bolivia easy. Let us handle payroll, benefits, taxes, compliance, and even stock options for your team in Bolivia, all in one easy-to-use platform.

Services available in this country:
Employer of Record ProductContractor ManagementPayroll
  • Capital City

    La Paz

  • Currency

    Bolivian boliviano (Bs, BOB)

  • Languages

    indigenous languages and Spanish

  • Population size


Services available in this country:
Employer of Record ProductContractor ManagementPayroll

Facts & Stats

  • Capital City

    La Paz

  • Currency

    Bolivian boliviano (Bs, BOB)

  • Languages

    indigenous languages and Spanish

  • Population size


  • Ease of doing business


  • Cost of living index

    $ (108 of 139 nations)

  • Payroll frequency


  • VAT - standard rate


  • GDP - real growth rate

    2.2 (2019)

The Plurinational State of Bolivia (Estado Plurinacional de Bolivia) is a constitutional unitary state, divided into nine administrative departments.

Bolivia hosts a rich cultural history that’s stretched for over 2,500 years, a multiethnic heritage of 36 indigenous groups, the majestic Andes range (South America’s largest and highest peaks), and rich biodiversity.

Bolivia’s growing economy and its low corporate tax rate are key reasons why companies are increasingly considering expanding into Bolivia.

Grow your team in Bolivia with Remote

Looking to employ workers in Bolivia? Companies hiring in Bolivia must either own a legal entity in the country or work with a global employment solutions provider, usually one that provides employer of record services.

Remote can employ your team in Bolivia on your behalf through our local legal entity in the country and handle payroll, benefits, taxes, and compliance for your Bolivia team. You can also pay contractors now in Bolivia with Remote in some currencies (talk to an expert now for full details).

Risks of misclassification

Bolivia, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Bolivia may lead to fines and penalties for the offending company.

Employing in Bolivia

Bolivia’s Labour General Law of 1942 (Ley General del Trabajo) spells out provisions guiding minimum wage rates, employee protections, workers’ rights, and labour relations across Bolivia.

Employees in Bolivia enjoy protections against discrimination based on age, religion, sexual orientation, gender expression, and race.

Common questions that could come up during the hiring process include minimum wage, overtime rates, and guaranteed paid time off. Remote can help you offer a complete, competitive, and compliant benefits package to your employees in Bolivia.

Minimum Wage

The minimum wage in Bolivia is B$2,164 per month, usually increasing by 2% each year. The government typically issues these adjustments around May, requiring retroactive changes effective from January.

Payroll Cycle

For customers of Remote, all employee payments will be made in equal monthly instalments on or before the last working day of each calendar month, payable in arrears.

A 13th month salary payment is required at the end of the year and this payment is equivalent to one month’s pay.

A 14th month salary is also mandatory, but only if the Gross domestic product of the country is over 4.5%. This will be known usually in July of every year and eventually the 14th salary will be paid in December.

Onboarding Time

We can help you get a new employee started in Bolivia fast. The minimum onboarding time we need is only 10 working days.

Our team ensures your employees are onboarded and paid as quickly as possible while keeping your business compliant with all local employment legislation. The minimum onboarding time begins after the employee submits all required information onto the Remote platform. The onboarding timeline is also dependent upon registration with local authorities.

For all non-nationals of the country of employment, the Right to Work assessment (if applicable) will add three extra days to the total time to onboard. There may be extra time required if we need to follow-up on the right to work assessment.

Please note, payroll cut-off dates can impact the actual first day of employment. Remote has a payroll cut-off date of the 10th of the month unless otherwise specified.

11 Public holidays

Monday 1 January, 20241New Year's Day (Año Nuevo)
Monday 22 January, 20242Plurinational State Foundation Day (Día de la Fundación del Estado Plurinacional)
Monday 12 February, 20243Shrove Monday (Lunes de carnaval)
Tuesday 13 February, 20244Shrove Tuesday (martes de carnaval)
Friday 29 March, 20245Good Friday (Viernes Santo)
Wednesday 1 May, 20246Labour Day (Día del Trabajador)
Thursday 30 May, 20247Feast of Corpus Christi (Corpus Christi)
Friday 21 June, 20248Andean New Year's Day (Día de año nuevo andino)
Tuesday 6 August, 20249National Day (día Nacional)
Saturday 2 November, 202410All Saints' Day (Fiesta de Todos los Santos)
Wednesday 25 December, 202411Christmas Day (Navidad)

Competitive benefits package in Bolivia

At Remote, we’re obsessed with helping you craft the best possible employee experience for your team. We are leading the way in practising “fair equity,” which means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive (and that will allow you to attract the best local talent).

Our benefits packages in Bolivia are tailored to fulfil the local needs of your employees. Typically, our packages contain some or all of the following benefits:

  • Health Insurance

  • Dental Insurance

  • Vision Insurance

  • Mental Health Support

  • Pension or 401(K)

  • Life and Disability Insurance

Fair Pricing in Bolivia

Employer of Record

Hire and pay your global team

Starting at $599/month

for annual plans

Top features

  • Satisfaction guaranteed

  • No deposits or hidden fees

  • Zero onboarding or offboarding fees

  • Compliant equity incentives support including withholding and reporting

  • Built-in security and compliance

  • Fast onboarding (average 2-3 days)

  • Flexible, localised benefits

Contractor Management

Compliantly onboard and pay contractors


per contractor/month

Top features

  • Only pay for contractors you actively work with

  • Work with contractors in 200+ countries

  • Create, edit, and sign tailored, localised contracts

  • Approve contractor invoices with one click or auto-pay

  • Transparent payments with complete visibility

Global Payroll

Consolidate your multi-country payroll


per employee/month

Top features

  • Reduce costs by centralising payroll management

  • Ensure local compliance for every country

  • Direct support from in-house local payroll experts

  • Accurate, on-time, compliant payroll to level-up your employee experience

  • Tax and labour authority reporting handled for you


Manage all of your employees in one place


Top features

  • Guided onboarding and offboarding

  • Employee profile and document management

  • Time and attendance (time off and tracking)

  • Expense management and reimbursement

  • Employee self-serve on the platform and mobile app