* Playroll continues to analyse immediate opportunities and fulfilled roles by recruitment partners, contractors and employers to identify in-demand jobs.

Capital City

Bolivian Boliviano (Bs)


BOT (GMT -4)

Employment Cost


Annual Leave

15 days

In-demand Specialties*
Mining, Forestry, Agriculture

The Ultimate Guide to Hiring Employees in Bolivia

Simplify hiring employees in by partnering with Playroll. Our Employer of Record (EOR) handles hiring, onboarding, payroll, taxes, immigration, benefits administration, and compliance. While you maintain control of day-to-day tasks and responsibilities.


Key Considerations Before Hiring In Bolivia

Employing in Bolivia requires employers to own a legal entity in the country and manage payroll, tax, benefits and compliance through their own in-country resources. Grow your team in Bolivia with our Employer of Record solution, ensuring streamlined, compliant business expansion with no entity.

Playroll allows you to hire employee's in Bolivia quickly, easily and we even automate tax document collection, benefits, payroll and more.

Good To Know

Bolivia boasts abundant natural resources, including mining materials, natural gas, hydrocarbons, and untapped lithium deposits, offering significant export opportunities.

Despite COVID-19 impacts, the agricultural sector has shown notable growth, urging Bolivian businesses to invest in modern agricultural technology resilient to climate change and aging infrastructure.

The country welcomes foreign direct investment (FDI), with gross FDI reaching USD 440 million in 2021, particularly in hydrocarbons, manufacturing, industry, commerce, transport, storage, communications, insurance, and real estate sectors.

Bolstered by macroeconomic stability, strategic location, and government economic measures during the pandemic, Bolivia emerges as a promising investment destination.


Fundamental Aspects of Employment in Bolivia

In Bolivia, employment contracts can be verbal or written. The typical expectation is for contracts to be indefinite and signed, although fixed-term contracts are allowed if documented. Verbal contracts are assumed to be indefinite, and written contracts need authorisation from a labour inspector or higher administrative authority.

Probationary Period in Bolivia

The probation periods for permanent employees in Bolivia typically range from 1 to 3 months.

Working hours in Bolivia

In Bolivia, the standard working hours are 8 hours per day, with a maximum of 6 working days in a week.

Overtime in Bolivia

Any work performed beyond the standard working hours per week in Bolivia is subject to overtime pay, as stipulated by employment contracts or collective agreements. Typically, the maximum limit for overtime hours is 2 hours per day, and the compensation is set at 200% of the regular salary rate.

Navigating Key Aspects of Payroll in Bolivia

Bolivia has a robust and complex payroll and tax system, and as an employer, it pays to understand payroll process basics.

1 January - 31 December

Fiscal Year in Bolivia

1 January - 31 December is the 12-month accounting period that businesses in Bolivia use for financial and tax reporting purposes.

Payroll Cycle in Bolivia

The payroll cycle in Bolivia is usually monthly, with employees being paid on the last working day of the month.
11.719 BOB p/h

Minimum Wage in Bolivia

The minimum wage for employees in Bolivia is typically 11.719 BOB per hour, amounting to ~2,250 BOB per month for a typical 48 hour work week.

Minimum wages and salaries in Bolivia

The monthly minimum wage in Bolivia is 2,250 BOB.

Bonus Payments in Bolivia

Bolivian employees receive a 13th-month salary (Aguinaldo) equivalent to one month's pay, capped at 25.00% of the company's profits. It is disbursed at year-end and is tax and social security exempt. A 14-month bonus is mandatory if the GDP exceeds 4.50% or the company earns annual profits.

Comprehensive Overview of Employment Taxes in Bolivia

Understanding the tax obligations for both employers and employees is crucial when operating in Bolivia's business landscape. This section explains how taxes and statutory fees affect payroll and individual earnings in Bolivia.

Employer Tax Contributions

Employer payroll contributions are generally estimated at an additional 16.71% on top of the employee salary in Bolivia.

Tax Rate Tax Type

Employee Payroll Tax Contributions

In Bolivia, the typical estimation for employee payroll contributions cost is around 12.71%.

Tax Rate Tax Type

Individual Payroll Tax Contributions

The individual income tax in Bolivia is a flat rate of 13%.

Tax Rate Income Bracket

Pension in Bolivia

Irrespective of personal savings, all resident citizens of Bolivia aged 60 and older are covered by the Renta Dignidad, or Dignity Pension Programme (RDP), receiving monthly payments of 193.65 BOB.

The tax-related information provided in this guide is intended for general guidance and informational purposes only. Reach out to our dedicated team for insights on remote hiring in Bolivia tailored to your needs.

Easily navigate payroll, taxes and contributions with Playroll.

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Understanding the Protocols for Termination of Employment in Bolivia

When it comes to terminating employment in Bolivia, understanding the legal obligations regarding severance pay and contributions is essential. Below is a detailed overview of the key considerations for both employers and employees.

Termination Process

Acceptable terminations in Bolivia include:

  • Voluntary employee resignation
  • Terminations with cause (intentionally-caused damage of work instruments, disclosure of company privacy, total or partial breach of agreement, employee theft or robbery)
  • Contract expiration

Notice Period

Per Bolivian labour law, there isn't a required notice period.

Severance Pay

In Bolivia, severance pay is obligatory and varies based on the type of termination. It generally amounts to one month's regular salary for each completed year of service.

Annual Leave Entitlements and Company Policies in Bolivia

The annual leave entitlement in Bolivia is 15 days for a full time worker. These can include public holidays on top of that or within those days, which would otherwise be unpaid.

Public Holidays in Bolivia

Bolivia observes 13 national public holidays, in addition to state-specific public holidays that may vary:

Holiday Date

Paid Time Off in Bolivia

Maternity Leave in Bolivia

Paternity Leave in Bolivia

Sick Leave in Bolivia

Parental Leave In Bolivia

Bolivia's Benefits Built Into Playroll

Competitive benefits package in Bolivia

Playroll is committed to providing tailored, competitive benefits packages that are designed not only to attract but also retain top talent worldwide. Our global team of benefits experts build custom local packages to ensure your employees in Bolivia's needs are met. Typically our packages contain some or all of the following benefits.

Health Insurance
Pension or 401k
Life and Disability Insurance
Vision Insurance
Dental Insurance
Discounts & Perks

Playroll Supplementary Benefits For Employment In Bolivia

Make your benefits package in Bolivia a talent magnet with Playroll's local plans. We offer benefits that are compliant, comprehensive, and flexible — all at competitive rates. Speak with our local territory experts to explore the localized benefits we can offer you, while you scale your team.

Statutory benefits for employment in Bolivia

Bolivia offers the following benefits to its employees:

  • Housing Fund
  • Public Health Insurance
  • State Pension Fund
  • Worker Compensation Accident Insurance
  • Private Healthcare - Allianz (optional)

Playroll allows you to provide localized benefits for employees in Bolivia within minutes. All in one manageable online dashboard. If you'd like specific information about our benefits packages in Bolivia create an account or contact our global expansion team, today.

Playroll Benefit Services

Playroll's Expertise in Facilitating Work Visas for Bolivia

At Playroll we're all about empowering employees to work anywhere, making mobility possible for global teams. We sponsor visas and hire the employee for you, so you don’t have to worry about payroll, taxes, and more.

It's important to note, visa support can be complicated. There are many variables that affect whether sponsorship is possible, including one’s nationality, education, marital status, and the immigration policy for the country in question.

Unfortunately, this means we can’t support visas everywhere - with that being said, we handle the entire visa process in-house, and dig into your situation to give you an overview of what to expect if we're able to help with visa sponsorship in Bolivia.

Playroll Immigration Support

Integrated EOR Platform

Legal and compliance experts are readily available to provide guidance and case-by-case Q&A support.

Accelerated Immigration Timeline

By leveraging dedicated support from in-house legal and compliance experts for case by case questions and more.

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Accelerated Immigration Timeline

Acquiring a visa without an entity has never been easier, leverage Playroll's global coverage to sponsor and hire employees.

Playroll Visa Services

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