LATAM: Foreign Investors Survey 2017 ttitude Consulting
BOLIVIA
Greater Attractions
GDP: + 5 % per year for 10 years. Stable growth of all industries but greater opportunities in construction, hospitality, transportation, agribusiness, insurance, telecommunications, energy and food. Hydrocarbons and mining: interesting but have been affected by the international crisis.
Political Risks?
There is great state pressure on the regulated sectors( hydrocarbons, telecommunications, energy, mining, transport, insurance, banking, basic services). Less political risks for non-regulated sectors.
Adequate Labor Laws?
It benefits the worker more than the employer. Rigid principles that, for example, ensure the worker’ s immobility and an indefinite employment relationship is presumed. Also, outsourced services are prohibited when they relate to the subject of society.
Adequate Transparency and Corruption Framework?
Yes, Law 004 Marcelo Quiroga Santa Cruz prohibits corruption activities at the public and private levels- and ensures transparency in transactions.
Suitable Fiscal Framework for Foreign Investment?
Yes, there is a tax regime in force since 2003 that, compared to other countries in the region, can be very attractive. VAT: 13 %. Corporate Income Tax: 25 %.
Proper Framework for Promotion and Mutual Investment Protection?
Investment Law( 2015) for local and foreign investment. Incentives in favor of the investment for sectors that the State considers strategic. Freedom of change( without restrictions for the entry and exit of capital, nor for the remittance abroad of dividends, interests and royalties for technology transfer and / or other commercial concepts).
Advantages of Your country over Others in the Zone
Freedom of change( without restrictions for the entry and exit of capital, nor for the remittance abroad of dividends, interests and royalties for technology transfer and / or other commercial concepts).
Positive Medium Risk Negative www. attitude-consulting. com 14