Fees and timelines in 2023


payment by instalmentBolivia 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.

Different Bolivia entity typesCostDraft invoice
LLCUS$19,900View invoice PDF
LLPUS$19,900View invoice PDF
PLCUS$22,200View invoice PDF
Branch officeUS$24,650View invoice PDF
Representative officeUS$22,650View invoice PDF
Fast business setup solution + 6 months tax reportingUS$58,410View invoice PDF
Bolivia LLC packageUS$43,010View invoice PDF


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

ServiceLLCSALLPBranchRep Office
Engagement planning3 weeks3 weeks3 weeks4 weeks4 weeks
Company incorporation period10 weeks10 weeks3 weeks2 weeks2 weeks
Bank account approval4 weeks6 weeks5 weeks4 weeks4 weeks
Internet banking approval3 weeks1 week1 week1 week1 week
Engagement 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 contact our in-house country expert, Mr. Kunal Fabiani, directly:
client relationship officer - Kunal
Ministry of Economy and Public Finance Central Bank of Bolivia National Chamber of Commerce Registry of Commerce - FUNDEMPRESA