- Overview: Bolivia
- Work permit for hiring expats via PEO
- Global PEO and payroll
- Global HR Compliance
- Expand without a company set up
- Contractor vs. employee: which is better?
- Global Payroll Calculator
Global Employer of Record in Bolivia
Global Employer of Record (EOR) offers a streamlined solution for companies expanding internationally, handling complex employment laws and administrative tasks. It operates across multiple countries, providing a unified platform for managing international staff, unlike traditional single-country EORs. Global EORs handle legal employment responsibilities like payroll, tax, and compliance with local labour laws, allowing companies to focus on core objectives.
They offer expertise in local employment practices, reduce the need for local subsidiaries, and are cost-effective. Global EORs are ideal for companies exploring new markets or needing agile workforce strategies, offering flexibility and minimizing risk. They act as strategic partners in international expansion, ensuring efficiency and compliance.
All-In-One Global Employment Solutions in Bolivia
Express Global Employment provides comprehensive services for building a global team, handling all aspects from hiring to compliance. Here’s what we can do:
- Global Mobility Support: Simplifies onboarding and immigration, enabling quick onboarding and engagement of international talent.
- Effortless Onboarding: Streamlines global employee onboarding to enhance productivity and speed up results.
- Global Payroll & Benefits Management: Manages international payroll and benefits, ensuring compliance and competitive compensation.
- Borderless Expansion Without Local Entities: Facilitates workforce expansion in 190 countries, removing the need for local business entities.
- Hire Internationally, Operate Everywhere: Offers support for scaling operations and seizing international opportunities swiftly.
- Risk-Free Market Navigation: Provides expert guidance for secure expansion, managing permanent establishment, employee misclassification risks and compliance challenges in new markets.
1. Recruitment |
2. Global Mobility |
3. Checks |
4. Onboarding |
5. Payroll Administration |
6. Working Time & PTO Processing |
7. Benefits Administration |
8. Tax Administration & Reporting |
Offboarding |
Talent skilled in highly specialised areas | Employee Work Visa and Work Permit sponsorship | Health checks | Employment Agreement drafting | In-country registration with statutory bodies | Working hours | Mandatory Benefits | Tax Reporting frequency and requirements; | Employment agreement termination: |
Executive search | Dependent Visa | Criminal record checks | Compliant worker onboarding on your behalf | Day-to-day payroll management | Overtime | Health insurance | Employer taxes & contributions | Dismissal – by the employer |
Contingency workforce | Visa extension | Background checks | Account setup in the payroll and HR system | Monthly pay slips or other pay frequency | Public holidays | Workers’ compensation | Employee taxes & contributions | Resignation – by the employee |
Application for a sponsor license for a foreign national | Education checks | Employee data entry and records maintenance | Accruals | Annual leave | Unemployment insurance | Withholding tax | Termination by mutual agreement | |
Relocation assistance | Managing probation periods | Allowances | Parental leave | Voluntary Benefits | Local tax payments and reporting to local authorities | Notice period handling | ||
13th and 14th salary | Sick leave | Share plans for executives | End of financial year reporting | Final settlement & severance payments | ||||
Additional leave | Bonuses & Equipment provision | De-registration with statutory bodies | ||||||
Expenses reimbursement & business trip processing | ||||||||
Health insurance, dental treatment |
Benefits of Global Employer of Record in Bolivia
- Fast and compliance talent onboarding
- Payroll administration
- Tax reporting and administration
- Higher talent retention
- Lower costs compared to local entity setup
- Comprehensive benefits packages at competitive prices
- 100% compliant employment contracts
- Employment, tax, and immigration law compliance
- Dedicated Account Manager and 24/7 HR support in Bolivia.
Global Employment Challenges a Global Employer of Record Helps Address in Bolivia
1. Immigration, Labour, and Tax Law Compliance
- Compliant hiring and payroll in 190+ countries
- Ongoing monitoring of legal, firing & firing regulations
- Tax & benefits guidance
- Continuous labour, tax, payroll, and immigration compliance monitoring & updates.
2. Comprehensive Risk Control
- Permanent establishment risk
- Worker misclassification risk
- Under-taxation risk
- HR, immigration, and tax non-compliance risk
- Intellectual property right risk.
3. Need for Local Incorporation
- Outsourced HR support upon new market testing
- HR arm upon global expansion in 190 countries
- Business in transition – M&As, close-downs.
4. Employee Transfer
- From PEO to PEO
- From EOR to EOR
- From legal entity to legal entity
- Convert Independent Contractors to full-time employees.
5. All-in-one Solution
Acumen Global Employer of Record offers integrated global employment solutions under one roof and can replace multiple vendors, including:
- Payroll Company
- Employee Benefits Broker
- HR Consultants
- Background Checks Vendors
- IP Attorney
- Tax Advisor
- Translation service
- Legal Advisor
- Immigration Advisor
- HR Compliance Advisor.
6. Global Knowledge. Local Expertise and Support in Bolivia
- Faster time-to-hire with streamlined paperwork and communication
- One platform to onboard and manage all team members
- Streamlined global payroll
- Single source of truth for contracts and documents
- Dedicated customer service
- 24/7 local support
- Simplified hiring for Full-time employees and contractors
- Expertise with hiring and firing local and foreign workforce.
Comprehensive Support for Business Immigration by Global Employer of Record
In today’s dynamic business landscape, reaching your full global potential requires a seamless talent acquisition and employment approach. Express Global Employment stands as your trusted partner, empowering you to navigate the complexities of global mobility and immigration with confidence.
Who are the ideal candidates for the Express Global Employment and Immigration solution? They include:
- Corporations seeking to transition their operations to Bolivia aim to hire, relocate, and remunerate expatriates as part of their global workforce strategy.
- Accomplished professionals who possess individual expertise and have secured sponsorship from their employers for immigration and employment opportunities in Bolivia, facilitating their integration into the country’s dynamic work environment.
- Businesses intending to deploy their top-tier talent to Bolivia, leveraging their specialized skills and knowledge to enhance their corporate presence and operational efficiency within this strategically important market.
Navigating Documentation Challenges
Navigating the documentation maze is easier said than done. Employers juggle numerous documents, from proof of citizenship or legal residence to employment verification and birth certificates. This effort is further compounded by the necessity to meet specific deadlines and provide correct forms when interacting with governmental agencies. The stakes are high: failure to comply can delay or even rejections of essential work permits and visas.
Simplifying the Process: Expertly Managed Applications
We aim to streamline this complex process at Express Global Employment. Clients must fill out the forms, provide necessary signatures, and furnish proof of employment and other details. Our dedicated team of immigration and global mobility specialists takes over from there. We handle everything else, offering expert advice and support at every stage. Our finely-tuned system reduces the legwork for clients while ensuring that they remain engaged and informed throughout the process.
Services Offered
We provide a comprehensive suite of global mobility and global employment services, including:
- Expert guidance on the forms required and how to fill them correctly
- Assistance with document collection and form completion
- Support in preparing for any face-to-face meetings or interviews
- Coordination with in-country immigration authorities as required
- Ongoing support until your case is approved.
Spotlight on Bolivia
- Location: South America, bordered by Brazil, Peru, Chile, Paraguay, and Argentina.
- Capital: Sucre (official), La Paz (administrative)
- Population: 11,894,771 (2023 estimate)
- Currency: Boliviano (BOB)
- Key Industries: Mining, smelting, petroleum, food and beverages, tobacco, handicrafts, clothing, jewellery.