Below is a data-driven overview of standard company creation and annual maintenance costs in Bolivia (country code: BO) for 2025. This article distills the official figures and statutory charges involved in registering and operating a typical Sociedad de Responsabilidad Limitada (SRL), based exclusively on verifiable sources and local regulatory guidance.
Company Creation Costs in Bolivia (2025)
Establishing a Sociedad de Responsabilidad Limitada (SRL), which is Bolivia’s standard limited liability company, requires several one-off legal, regulatory, and professional costs. Current figures for 2025 are provided in the breakdown below.
| Cost Item | Amount (BOB) |
|---|---|
| Minimum capital requirement | 0 BOB |
| Notary fees for public deed | 2,000 BOB |
| Commercial Registry (Fundempresa) registration fee | 500 BOB |
| Municipal business license (Licencia de Funcionamiento) | 300 BOB |
| Tax registration (NIT) and publication costs | 200 BOB |
| Legal/lawyer fees (average for standard SRL setup) | 500 BOB |
| Total | 3,500 BOB |
1 BOB (Bolivian Boliviano) ≈ 0.14 USD (as of early 2025). Thus, the total standard creation cost is approximately $490 USD.
Key Points on SRL Formation Fees
- No minimum capital requirement: Bolivia’s SRL does not require an upfront minimum capital investment.
- Notary and registration expenses: Notarial fees for drafting the company deed and commercial registry filings form the majority of upfront costs.
- Legal advisory: Average fee for standard document preparation and regulatory compliance is included in the totals above.
Ongoing Annual Maintenance Costs (2025)
Operating a compliant SRL in Bolivia requires regular renewals and services with statutory costs. Official minimum and maximum annual estimates for 2025 are presented below:
| Maintenance Item | Amount (BOB) |
|---|---|
| Annual commercial registry renewal (Fundempresa) | 350 BOB |
| Mandatory accounting services (basic annual) | 600 BOB |
| Tax filing fees (if using external accountant) | 250 BOB |
| Municipal license renewal | 0 BOB |
| Optional legal advisory/representation (average) | 800 BOB |
| Optional insurance premiums (basic business insurance) | 1,000 BOB |
Total annual maintenance cost range:
Min: 1,200 BOB (~$168 USD)
Max: 3,000 BOB (~$420 USD)
(Converted at 1 BOB = 0.14 USD)
Annual Company Maintenance, Line-by-Line
- Registry renewal: Mandatory to maintain company validity.
- Accounting services: Minimum required by regulation, higher for more complex operations.
- Tax services: Outsourced reporting fees are typical but optional if handled internally.
- Legal advice and insurance: Not mandatory, but often purchased for additional compliance and risk mitigation.
Key Sources and Regulatory Links
Pro Tips for Efficient Company Setup and Compliance in Bolivia (2025)
- Obtain multiple quotes for legal and notary services to avoid above-average setup fees, as official price ranges often leave room for negotiation.
- Consider only purchasing optional legal advisory and insurance if your business faces specific compliance or operational risks, as these significantly affect annual costs.
- Utilize certified accountants for ongoing formalities—a minor increase in costs can reduce risk of regulatory penalties for late or inaccurate filings.
- Check for local or regional business support programs with municipal authorities, as some minor licensing and renewal fees may occasionally be subsidized.
Company formation and operation in Bolivia is straightforward, especially given the absence of a minimum capital requirement for SRLs. Most costs are transparent and statutorily fixed, with only professional fees and optional items varying by provider or business need. A well-structured approach to service engagement and regulatory compliance can keep both formation and annual maintenance expenses predictable and manageable for most business owners in 2025.