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Fees and timelines in 2023

Fees

payment by instalmentThe average fee per Bolivia engagement is outlined in the table below. These fees include company incorporation, opening corporate bank accounts, project management and all government fees:

Different Bolivia entity types Cost Draft invoice
LLC US$19,900 View invoice PDF
LLP US$19,900 View invoice PDF
PLC US$22,200 View invoice PDF
Branch office US$24,650 View invoice PDF
Representative office US$22,650 View invoice PDF
Fast business setup solution + 6 months tax reporting US$58,410 View invoice PDF
Bolivia LLC package US$43,010 View invoice PDF

Other fee considerations

Timelines

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

Service LLC SA LLP Branch Rep Office
Engagement planning 3 weeks 3 weeks 3 weeks 4 weeks 4 weeks
Company incorporation period 10 weeks 10 weeks 3 weeks 2 weeks 2 weeks
Bank account approval 4 weeks 6 weeks 5 weeks 4 weeks 4 weeks
Internet banking approval 3 weeks 1 week 1 week 1 week 1 week
Engagement completion 1 week 1 week 1 week 1 week 1 week
Total engagement period 21 weeks 21 weeks 13 weeks 12 weeks 12 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
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