Create Consulting Invoice in BOB →

Free, no registration required. Your data stays in your browser.

Bolivia Tax Information

13% IVA + 3% IT

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

Consulting Services to Invoice

  • Strategy consulting
  • Management consulting
  • Advisory services
  • Workshop facilitation
  • Retainer arrangements
  • Project consulting

Invoice Requirements in Bolivia

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

Payment Terms

Net 30 is standard. Milestone payments for large engagements.

Contado15 días30 díasCrédito

Payment Methods in Bolivia

Bank TransferBanco MercantilBCPCredit CardCash

Consulting Invoice Tips

  • Include professional credentials
  • Break down phases clearly
  • Document deliverables
  • Consider value-based pricing
  • Reference engagement letter

Frequently Asked Questions

What tax rate applies to consulting 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 consultings in Bolivia?

Common payment methods in Bolivia include: Bank Transfer, Banco Mercantil, BCP, Credit Card, Cash. Net 30 is standard. Milestone payments for large engagements.

What should consulting invoices include in Bolivia?

Your invoice should include: NIT number, SIN registration, Client NIT, Invoice number. For consulting services specifically, also include: Strategy consulting, Management consulting, Advisory services.

How should consultants structure invoices?

Include engagement reference, billing period, hours or deliverables, expenses, and payment terms.

Should consultants charge for travel?

Yes, charge 50% of hourly rate for travel or include in project fee. State policy upfront.

What taxes apply in Bolivia?

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