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Bolivia Tax Information

13% IVA + 3% IT

IVA is 13%. IT (Transaction Tax) 3% additional. NIT required for all businesses.

AI/ML Engineer Services to Invoice

  • Model development
  • Data pipeline
  • MLOps
  • AI consulting
  • Model training
  • API integration
  • ML research

Invoice Requirements in Bolivia

NIT number
SIN registration
Client NIT
Invoice number
IVA (13%)
Total in BOB

Payment Terms

Project milestones or monthly retainer. Cloud/GPU compute costs passed through separately.

Contado15 días30 díasCrédito

Payment Methods in Bolivia

Bank TransferBanco MercantilBCPCredit CardCash

AI/ML Engineer Invoice Tips

  • Reference model versions
  • Include compute costs separately
  • Document training hours
  • Note data processing fees
  • Track API usage

Frequently Asked Questions

What tax rate applies to ai/ml engineer invoices in Bolivia?

Bolivia has 13% IVA + 3% IT. IVA is 13%. IT (Transaction Tax) 3% additional. NIT required for all businesses.

What payment methods are common for ai/ml engineers in Bolivia?

Common payment methods in Bolivia include: Bank Transfer, Banco Mercantil, BCP, Credit Card, Cash. Project milestones or monthly retainer. Cloud/GPU compute costs passed through separately.

What should ai/ml engineer invoices include in Bolivia?

Your invoice should include: NIT number, SIN registration, Client NIT, Invoice number. For ai/ml engineer services specifically, also include: Model development, Data pipeline, MLOps.

How should AI engineers price their work?

Project-based for model development, hourly for consulting. Compute costs billed separately.

Should compute costs be on the invoice?

Yes, list cloud/GPU costs as separate line items from service fees.

What taxes apply in Bolivia?

Bolivia has 13% IVA plus 3% IT (Impuesto a las Transacciones) on gross sales, making effective tax around 16%.