Contractor Invoice Generator for Bolivia
Create professional contractor invoices for clients in Bolivia. This free invoice generator combines contractor-specific billing practices with Bolivia's tax requirements (13% IVA + 3% IT) and preferred payment methods like Bank Transfer and Banco Mercantil.
Free, no registration required. Your data stays in your browser.
Bolivia Tax Information
IVA is 13%. IT (Transaction Tax) 3% additional. NIT required for all businesses.
Contractor Services to Invoice
- Labor charges
- Material costs
- Equipment rental
- Permit fees
- Subcontractor work
- Change orders
- Warranty work
Invoice Requirements in Bolivia
Payment Terms
Progress billing at milestones. Retain 5-10% until final inspection.
Payment Methods in Bolivia
Contractor Invoice Tips
- Break down materials and labor
- Reference permits
- Document change orders
- Include lien waiver language
- Track progress payments
Frequently Asked Questions
What tax rate applies to contractor 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 contractors in Bolivia?
Common payment methods in Bolivia include: Bank Transfer, Banco Mercantil, BCP, Credit Card, Cash. Progress billing at milestones. Retain 5-10% until final inspection.
What should contractor invoices include in Bolivia?
Your invoice should include: NIT number, SIN registration, Client NIT, Invoice number. For contractor services specifically, also include: Labor charges, Material costs, Equipment rental.
How should contractors bill for projects?
Progress invoicing at milestones. Break down labor, materials, and subcontractor costs.
How do contractors handle material markup?
15-25% markup is standard. State policy in contracts.
What taxes apply in Bolivia?
Bolivia has 13% IVA plus 3% IT (Impuesto a las Transacciones) on gross sales, making effective tax around 16%.