Fees and timelines

Fees

Bolivia LLC setup costs in Year 1 will amount to US$14,550 and annual company costs in Year 2 and thereafter will amount to US$3,800. The average fee per engagement amounts to US$19,900 including i) Bolivia company incorporation ii) corporate bank account setup iii) legal registered office and iv) all government registration fees.

  LLCLLPPLCBranch officeRepresentative office
Average engagement costs$19,900$19,900$22,200$22,650$22,650
Draft InvoiceBolivia LLC invoiceBolivia LLP invoiceBolivia PLC invoiceBolivia branch invoiceBolivia RO invoice

Timelines

The average Bolivia company registration period is 21 weeks as outlined below:

 ServiceLLCSALLPBranchRep Office
1Engagement planning3 weeks3 weeks3 weeks4 weeks4 weeks
2Company incorporation period10 weeks10 weeks3 weeks2 weeks2 weeks
3Bank account approval4 weeks6 weeks5 weeks4 weeks4 weeks
4Internet banking approval3 weeks1 week1 week1 week1 week
5Engagement completion1 week1 week1 week1 week1 week
Total engagement period21 weeks21 weeks13 weeks12 weeks12 weeks

bolivia business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Bolivia, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Olivia Stanciu, directly:
client relationship officer - Olivia
Ministry of Economy and Public Finance Central Bank of Bolivia National Chamber of Commerce Registry of Commerce - FUNDEMPRESA