Global Employment Solutions & PEO in Bolivia
Omnipresent makes it fast and easy to employ remote talent in Bolivia. We take care of payroll, compliance, taxes, and admin so you can focus on growing your business.
- Capital City
- Bolivian boliviano (Bs., BOB)
- Spanish, Aymara, Quechua
Omnipresent Employment Rating
How do Omnipresent Global Employment Solutions Work?
Omnipresent provides global employment solutions and professional employment organisation (PEO) services for companies looking to grow and build out a global team in Bolivia. Traditional methods of establishing global employment and subsidiaries in Bolivia typically take months and can incur heavy costs. Omnipresent's global employment solutions and PEO services is helping hundreds of organisations onboard new employees in Bolivia in a matter of days with full compliance of local labour laws. We use a tech-forward approach to streamline the process.
- Your company conducts the hiring and candidate selection process in Bolivia.
- Omnipresent hires the selected candidate through our local professional employment organisation in Bolivia.
- We take care of ensuring your new employee is hired in compliance with local labour laws, payroll regulations, benefits and more -- all without needing to set up a subsidiary in Bolivia.
- The individual is legally contracted by Omnipresent but assigned to work for your company and reports to a manager or team in your organisation as your full-time employee.
Curious to learn more?
Employer Costs in Bolivia
Employer costs include National Healthcare, Employer Solidarity Contribution, and Housing. Use the OmniCalculator to estimate costs, or contact us for further information.
Employee Income Taxes in Bolivia
13% flat rate.
Working Hours in Bolivia
The typical work week in Bolivia consists of 48 hours per week. Those in certain executive roles can contract out of these hours, and are not subject to these limitations. Overtime is usually capped and compensated.
Holidays & Vacation in Bolivia
Please note that the below information covers national holidays and should be used for informative purposes only and not as a guarantee for payroll purposes. While we strive to offer you accurate information, public holidays are subject to frequent changes and can be dependent on regional differences. Should you need more detailed information on public holidays, please consult the government pages of the state and/or the local municipality of your employee.
- Saturday, Jan 01, 2022 - New Year's Day (Año Nuevo)
- Wednesday, Feb 02, 2022 - Feast of the Virgin of Candelaria (Fiesta de la Virgen de Candelaria)
- Monday, Feb 28, 2022 - Carnival (Carnaval)
- Tuesday, Mar 01, 2022 - Shrove Tuesday (Carnaval)
- Friday, Apr 15, 2022 - Good Friday (Viernes Santo)
- Thursday, May 26, 2022 - Ascension Day (La Asunción)
- Tuesday, Jun 21, 2022 - Andean New Year (Año Nuevo Andino)
- Tuesday, Aug 02, 2022 - Agrarian Reform Day (Día de la Revolución Agraria, Productiva y Comunitaria)
- Saturday, Aug 06, 2022 - Independence Day (Día de la Patria)
- Wednesday, Nov 02, 2022 - All Souls' Day (Día de los Difuntos)
- Sunday, Dec 25, 2022 - Christmas Day (Navidad)
Sick Leave Entitlement in Bolivia
Sick leave is paid from the 5th day of illness for a period of 26 weeks within a 1 year time period (employee must provide a medical certificate proving illness). If medical care can be proven to prevent permanent disability, the sick leave may be extended for another 26 weeks. For common illnesses: 100% of salary is paid (the employer is entitled to be reimbursed 75% from social security).
Parental Leave in Bolivia
Maternity: Female employee are entitled to 90 days of paid leave, of which pay is 100% of the national minimum wage (employer is entitled to receive a 90% reimbursement from Social Security). Mothers are entitled to further maternity benefits and allowances.
Paternity: Male employees are entitled to 3 days of paid paternity leave.
Annual Leave Entitlement in Bolivia
Employees in Bolivia are only entitled to annual leave after one year of continuous employment. Annual leave ranges between 15-30 working days depending on years of service.
Severance Pay Entitlement in Bolivia
Severance for unjustified dismissal is equal to one month pay for each year of service.
Termination in Bolivia
There are a range of legal reasons that an employer can use to terminate an employment relationship in Bolivia, which depend on the specific circumstances.
Employ the Best Talent, Anywhere in the World
Grow Your Global Team
The benefits of growing a global team and finding the best talent anywhere in the world are endless. It's important to note that labour laws and regulations in Bolivia are strict with penalties for non-compliance. Let our team take care of the details such as payroll, benefits, compliance, taxes, and admin so you can focus on growing your business. We're here to help you every step of the way.