Create Data Scientist 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.

Data Scientist Services to Invoice

  • Data analysis
  • Predictive modeling
  • Machine learning
  • Statistical analysis
  • Data visualization
  • A/B testing
  • Research

Invoice Requirements in Bolivia

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

Payment Terms

Project-based for analysis. Retainer for ongoing data support.

Contado15 días30 díasCrédito

Payment Methods in Bolivia

Bank TransferBanco MercantilBCPCredit CardCash

Data Scientist Invoice Tips

  • Reference datasets
  • Include models
  • Document methodology
  • Note tools used
  • Track accuracy

Frequently Asked Questions

What tax rate applies to data scientist 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 data scientists in Bolivia?

Common payment methods in Bolivia include: Bank Transfer, Banco Mercantil, BCP, Credit Card, Cash. Project-based for analysis. Retainer for ongoing data support.

What should data scientist invoices include in Bolivia?

Your invoice should include: NIT number, SIN registration, Client NIT, Invoice number. For data scientist services specifically, also include: Data analysis, Predictive modeling, Machine learning.

How to price data science?

Project-based for specific analysis, retainer for ongoing, value-based for high-impact.

Include compute costs?

List separately from service fees. Document resource usage.

What taxes apply in Bolivia?

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