Hire and pay employees in
Bolivia, hassle-free

With Deel, your business can easily hire employees in Bolivia. No more worrying about local laws, complex tax systems, or managing international payroll. Deel takes care of everything in 150+ countries.

The average onboarding time frame in Bolivia is 5 days with Deel.

Currency

Boliviano

Capital

Sucre

Official Language

Spanish

Payroll Cycle

Monthly

Onboard, pay and manage employees in Bolivia with Deel.

Usually, to hire in Bolivia, your business needs an entity. That means a local office, an address registered as a subsidiary, and an account with a local bank. All of this, plus navigating regional benefits, payroll, tax, and HR laws, can take months.

Deel lets you hire employees in Bolivia quickly, easily, and compliantly. We even automate tax document collection, payroll, benefits, and more. For your existing direct employees, we can manage your entire payroll operation from end-to-end.

Download the Guide

All the necessary benefits for Bolivia
built right in

Deel allows you to provide localized benefits for employees in Bolivia within minutes. All in one manageable online dashboard.

  • Housing Fund
  • Public Health Insurance
  • State Pension Fund
  • Worker Compensation Accident Insurance
  • Private Healthcare - Allianz (optional)

Our quickstart guide to hiring in Bolivia

Navigate the tabs below to learn everything you need to know about hiring an employee in Bolivia

Minimum Wage Requirements

The minimum wage is BOP 2,500 per month.

Individual Income Tax

The individual income tax is a flat rate of 13%

Payroll Cost

The employer cost is generally estimated at 16.71% of the employee salary. Monthly employer costs: 
- Social Security - 3%
- Professional Risk Premium - 1.71% 
- Public Health Insurance - 10%
- Housing (Provivienda) - 2% 
- Home office bonus - BOB 200

Please note: the minimum monthly salary for Social Security, Professional Risk Premium, and Housing (Provivienda) contributions is BOB 2,363.

One-off cost:

  • Mandatory Wet Ink Employment Agreement Handling Fee - USD 80 

Annual costs: 

  • Medical Exam (Onboarding) - BOB 200
  • Medical Exam (Offboarding) - BOB 200
  • 13th Month Salary (Christmas Bonus) - 1-month salary

Please note: by law, salaries are mandatorily adjusted every year in January by approximately 3%.

These costs are provided as estimates and are intended solely for general informational purposes. To fully comprehend all associated costs and fees related to the terms of any employment agreement for this country, please contact our Sales team for a quote.

Overtime Pay & Maximum Hours

Standard working hours are 8 hours per day, and 40 hours per week. The standard workweek is from Monday to Friday.

Maternity Leave

Employees, who have worked for 120 consecutive days, are entitled to 90 days of paid leave. 45 days must be taken before the child's birth. The employee will receive 100% of the salary during this period, the employer will pay the wages, and Social Security will reimburse 90% of the wage.

Paternity Leave

Employees who have worked for 120 consecutive days are entitled to 3 days of paid paternity leave that must be taken after the child's birth.

Parental Leave

Bolivia has no parental leave policy. However, employees can request a license due to accidents or serious illnesses of children under 12 years of age. The length is 3 days with 100% of their salary.

Sick Leave

Employees are entitled to unlimited paid sick leave. This leave is paid at different rates and by different payers depending upon length: 

  • Up to the third day, the employee will receive 100% of the base salary paid by the employer 
  • From the fourth day, the employee will receive 75% of the base salary paid by Social Security

Termination Requirements

Terminations must respect complex rules and the rules of an employee’s employment country. The off-boarding is always handled by the Employer with the primary stakeholders. It may include ad-hoc fees as well as required or recommended steps on specific termination cases.

Terminations in Bolivia can be complex. Compliant terminations include:

  • Voluntarily by the employee
  • Termination with a cause:
    • material damage caused intentionally in the work instruments
    • disclosure of the company’s privacy
    • total or partial breach of the agreement
    • theft or robbery by the worker.
  • By the expiration of the contract

Notice Period

In Bolivia, there is no notice period required by law. However, parties usually agree on a notice between 30 to 90 days maximum.

Severance for Employees

In Bolivia, all employees who are terminated as a voluntary retirement are entitled to severance pay after 5 years of employment or without just cause. Severance pay is 30 days of salary per year of service.

To protect you from unforeseen financial risks arising from terminations, Deel applies a Severance Accrual to all employment agreements in this country.  Deel has extensive expertise in managing litigation risk globally and our Severance Accrual calculation is based on the prevailing common-law or statutory entitlements and local best practices. In the event your employee resigns or is not entitled to severance, all unused amounts will be returned to you.

Paid Time Off

Full-time and part-time employees are entitled to a minimum of 15 working days of paid time off (PTO) a year. PTO and accrual rate varies depending on the length of services. Employees are eligible for annual leave after 12 months of work.

Public Holidays

Bolivia celebrates both 10 national and 1 regional holiday based on the location of the employee. If holidays fall on a Sunday, the celebration is moved to the next business day.

National public holidays include:

  • New Year
  • Plurinational State Day
  • Carnivals (2 days)
  • Holy Friday
  • Labor Day
  • Corpus Christi
  • Aymara New Year
  • National Day
  • All Saints Day
  • Christmas Day

Onboarding

Employees are required to complete a medical exam as part of their onboarding. Per Bolivian Law this exam must be completed in the same city as the employer’s entity. For Deel EOR employees, this means employees must travel to Santa Cruz to complete their exam. This is a legal requirement and it cannot be waived by Deel or by the employee. Employers are responsible for both the cost of the exam and any necessary travel costs.

Employment Contract Details

Contracts must be in Spanish and can be bilingual. They must be in writing and signed by both parties. A contract must include:

  • name
  • start date
  • length of the employment
  • job description
  • termination conditions
  • applicable regulations
  • the object of the contract
  • remuneration
  • worker's rights
  • the obligations of the worker

Probation Period

Probation periods are mandatory. The probation lasts 90 days.
btn_download

Download the complete guide to hiring in Bolivia

Simply fill out your details below to gain access to our complete guide to hiring in Bolivia.

Hiring in Bolivia, hassle-free

With Deel, your business can easily hire employees in Bolivia with our EOR solution. If you have an entity, our Global Payroll solution takes care of payroll and compliance for your direct employees. Our 250+ in-house experts handle everything from managing local laws, complex tax systems, or your payroll in Bolivia and 150+ countries.

Group (8)

Starting at 599 USD

Management fee

Group (9)

16.71%

Estimate Employer Cost

*of employee salary

Want to learn the cost of hiring an employee in Bolivia?

View our Employee Cost Calculator

Deel makes growing remote and international teams effortless. Ready to get started?

+

Countries

+

Customers

+

Legal experts

+

Currencies