Doing Business in Latin America and The Caribbean: Bolivia

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Bolivia is a country with amazing natural beauty and a diverse landscape, sheltering a fourth of the world’s greatest biodiversity. Bolivia’s riches also include raw material, industrialized material and of course, tourism. Located in the heart of South America, Bolivia is divided into nine political departments. Its democratic government is divided into four branches:

• Legislative

• Executive

• Judicial & Constitutional Court

• Electoral

FOREIGN INVESTMENT -

In Bolivia the market is opened for private investments in order to exploit renewable and nonrenewable natural resources, as well as in industry, commerce and public services. Today, Bolivia is rising economically.

FORMAL REGISTRATION REQUIREMENTS -

Requirements for registry of foreign investments are the same as those for

national investments and do not require previous authorization.

Please see full publication below for more information.

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Topics:  Foreign Corporations, Foreign Investment, International Labor Laws, International Tax Issues

Published In: General Business Updates, Finance & Banking Updates, International Trade Updates, Labor & Employment Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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