For entrepreneurs and digital nomads eyeing Bolivia as a base for their next venture, the maze of company creation and maintenance costs can feel like a frustrating tax on ambition. If you’re weary of opaque fees and state-imposed hurdles, you’re not alone. In this guide, we’ll break down the real numbers for starting and running a standard company in Bolivia in 2025—using only the most reliable, up-to-date sources. No guesswork, no hidden surprises—just actionable insights to help you optimize your fiscal footprint and keep more of what you earn.
Company Formation Costs in Bolivia (2025): What to Expect
The most common legal entity for small and medium businesses in Bolivia is the Sociedad de Responsabilidad Limitada (SRL). Here’s a transparent look at the average costs you’ll face when setting up an SRL in 2025, all amounts in Bolivian Bolivianos (BOB):
| Cost Item | Average Amount (BOB) |
|---|---|
| Minimum capital requirement | 0 |
| Notary fees for public deed | 2,000 |
| Commercial Registry (Fundempresa) registration fee | 500 |
| Municipal business license (Licencia de Funcionamiento) | 300 |
| Tax registration (NIT) and publication costs | 200 |
| Legal/lawyer fees (average for standard SRL setup) | 500 |
| Total Average Creation Cost | 3,500 |
Pro Tip #1: There is no minimum capital requirement for an SRL in Bolivia. This is a rare advantage compared to many jurisdictions and can be leveraged to keep your initial outlay lean.
Annual Maintenance Costs: Keeping Your SRL Compliant
Once your company is up and running, annual maintenance costs are the next hurdle. In 2025, expect to budget between 1,200 BOB and 3,000 BOB per year, depending on your choices for optional services. Here’s the breakdown:
| Maintenance Item | Annual Cost (BOB) |
|---|---|
| Annual commercial registry renewal (Fundempresa) | 350 |
| Mandatory accounting services (basic annual) | 600 |
| Tax filing fees (if using external accountant) | 250 |
| Municipal license renewal | 0 |
| Optional legal advisory/representation (average) | 800 |
| Optional insurance premiums (basic business insurance) | 1,000 |
Pro Tip #2: The only mandatory annual costs are registry renewal, basic accounting, and tax filing—totaling 1,200 BOB if you skip optional legal and insurance services. This is a significant cost advantage for lean startups or location-independent entrepreneurs.
Mini Case Study: Lean Startup vs. Full-Service Setup
- Lean Startup: Handles legal and insurance in-house, pays only mandatory fees. Annual cost: 1,200 BOB.
- Full-Service Setup: Outsources legal and insurance for peace of mind. Annual cost: 3,000 BOB.
Checklist: How to Optimize Company Costs in Bolivia (2025)
- Skip unnecessary extras: Only pay for legal and insurance services if your business model truly requires them.
- Leverage the zero capital requirement: Start with minimal investment and scale as needed.
- Use a savvy accountant: Outsourcing tax filing is affordable, but ensure your provider is proactive about deductions and compliance.
- Renew on time: Avoid late fees by calendaring annual registry and tax deadlines.
Key Takeaways for 2025
- Bolivia’s SRL structure offers one of the lowest barriers to entry in Latin America, with no minimum capital and transparent, predictable fees.
- Annual maintenance can be kept under 1,200 BOB if you’re willing to handle some compliance tasks yourself.
- Optional services like legal advisory and insurance are available but not required—choose what fits your risk profile and business needs.
For more details and step-by-step guides, consult the following reputable sources: