FAQs Bolivia
Frequently asked questions about Payroll and HR services, PEO, HR outsourcing/EOR and compliance services in Bolivia.
Important Note: Labor and tax regulations change frequently. Before making decisions, validate percentages and rules in force with official sources or local compliance teams.
How does payroll work in Bolivia?
– Frequency: monthly.
– Aguinaldo (13th salary) in December; double aguinaldo may apply if GDP growth exceeds a threshold.
– Vacations according to tenure; many public holidays.
How much is the hiring cost in Bolivia?
– Registration with Health Fund and Pension Fund (AFP); written contracts recommended.
– Market benefits: meal subsidies, transport, production bonuses.
Employer social security taxes
– Employer contributions to Health Funds, Occupational Risk Insurance, Housing Fund; AFP contributions mainly employee-funded but with employer administrative obligations.
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