Bolivia

Bolivia

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.

OmniAtlas Employment Rating

Capital City
Sucre (constitutional and judicial), La Paz (executive and legislative)
Currency
Boliviano
Native Language
Spanish
Payroll Frequency
Monthly
Employee Protections
Strict
Employment Costs
Low
Termination
Difficult
Immigration
Difficult
Cost of Living
Low
Population
11.51 Million

What You Need to Know About Employing in Bolivia

Don’t risk non-compliance with local employment, social insurance, and tax regulations.

How it works
Payroll & Taxes
Employer Costs
Working Hours
Holidays & Vacation
Types of Leave
Health & Benefits
Termination Laws
Bolivia

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.
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Payroll & Taxes in Bolivia


Employee Income Taxes:

13% flat rate

Payroll Cycle:

Monthly

Bolivia

Employer Costs in Bolivia


Employer Contributions:

2.00% - Housing

1.71% - Professional Risk Premium

10.00% - National Healthcare

3.00% - Employer Solidarity Contribution

Employee Contributions:

10% - Long-term SSO Contribution (Disability, Old Age and Death)

1.71% - Common Risk

0.50% - Pensionary Fund Commission

0.50% - Solidarity Contribution for Pension

Bolivia

Working Hours in Bolivia


Typical Working Hours per Week:

The typical work week in Bolivia consists of 48 hours per week.

It’s important to note that typical working hours can vary by industry in some countries. Contact our team for the most up-to-date information!

Overtime Laws:

Overtime laws in Bolivia are complex and can depend on the specific circumstances and the employee. We are happy to discuss in more detail for a specific context.

Bolivia

Public Holidays & Vacation Time in Bolivia


Standard Public Holidays in Bolivia

  • New Year’s Day
  • Plurinational State Foundation Day
  • Candlemas
  • Carnival
  • Shrove Tuesday
  • Good Friday
  • Labour Day
  • Chuquisaca
  • Corpus Christi
  • Willkakuti
  • Agrarian Reform Day
  • Independence Day (of Bolivia)
  • National Dignity Day
  • All Souls Day and Day of the Dead
  • Christmas Day

Vacation Time in Bolivia

Only after 1 year of continuous employment.

  • 1-5 years: 15 days paid annual leave
  • 5-10 years: 20 days paid annual leave
  • 10 or more years: 30 days paid annual leave
Bolivia

Types of Leave in Bolivia


Sick Leave:

Sick leave in Bolivia includes:

- Paid for sick leave 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)

Maternity Leave:

Bolivia has strong maternity leave regulations including 90 days paid leave, of which pay is 100% of the national minimum wage (employer is entitled to receive a 90% reimbursement from Social Security)

- From the 5th month of pregnancy, the mother is entitled to a prenatal subsidy and a nursing subsidy until the child is 1 year old. Both subsidies are the equivalent of 1 month’s salary per month.

- From the date of birth of the child, mothers receive job protection for 1 year.

Paternity Leave:

Fathers are entitled to 3 days’ paid paternity leave

Other Types of Leave:

Please contact us for further information.

Bolivia

Health Insurance & Supplementary Benefits in Bolivia

We believe that remote employees should be able to access their local, as well as a high standard international benefits anywhere they are. Details about international or country specific benefit packages can be provided on request. Please contact us for further details.

Bolivia

Termination & Severance in Bolivia


Termination with Cause:

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. If you would like to know more specific details, please contact us. 

Severance:

Severance for unjustified dismissal is equal to one month pay for each year of service.

Notice of Termination:

No mandatory notice period.

Unprotected and Protected Termination

Bolivia law strictly protects employees from illegal termination of employment. Certain employees are subject to additional protections, please contact us to learn more.

Bolivia

Grow your global team. 

Employ the best talent, anywhere in the world.

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 are here to help you every step of the way.

Want to onboard an international employee today? Call us.

Join thousands of companies who are leading the way and employing remote teams all over the world.

Omnipresent makes it easy to employ, pay and support your international team.

Book a call with us to start building your global team today.

Employ Anywhere. Be Omnipresent.  

Curious to learn more?
Book a Call