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 the Bolivia is 5 days with Deel.

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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.

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

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Currency
 Boliviano
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Capital Sucre
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Official language Spanish
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Payroll cycle Monthly

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 in a single HR platform.

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

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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 17.21% of the employee salary. Monthly employer costs: 
- Social Security - 3.5%
- Professional Risk Premium - 1.71% 
- Public Health Insurance - 10%
- Housing (Provivienda) - 2% 
- Home Office Allowance - BOB 200

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

One-off costs:

  • Mandatory Wet Ink Employment Agreement Handling Fee - USD 80 
  • Medical Exam (Onboarding) - BOB 200
  • Medical Exam (Offboarding) - BOB 200

Annual costs: 

  • 13th Month Salary (Christmas Bonus) - 1-month salary
  • Bonus Compensation "Esfuerzo por Bolivia" – 1-month salary (if GDP growth condition is met)
  • Annual Premium (Prima Anual) – Up to 1-month salary (if employer generates profits)
  • Seniority Bonus (Bono de Antigüedad) – Varies based on employee tenure

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.

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.

Management fee
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Starting at

$599
/month
Estimated Employer Cost
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17.21

of employee salary