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Bolivia Tax Information

13% IVA + 3% IT

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

Event Planner Services to Invoice

  • Event planning
  • Venue sourcing
  • Vendor coordination
  • On-site management
  • Corporate events
  • Private parties
  • Virtual events

Invoice Requirements in Bolivia

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

Payment Terms

Deposit to book, progress payments, balance before event.

Contado15 días30 díasCrédito

Payment Methods in Bolivia

Bank TransferBanco MercantilBCPCredit CardCash

Event Planner Invoice Tips

  • Reference event date/venue
  • Include planning fees separately
  • Note vendor pass-through costs
  • Document guest count
  • Specify deliverables

Frequently Asked Questions

What tax rate applies to event planner 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 event planners in Bolivia?

Common payment methods in Bolivia include: Bank Transfer, Banco Mercantil, BCP, Credit Card, Cash. Deposit to book, progress payments, balance before event.

What should event planner invoices include in Bolivia?

Your invoice should include: NIT number, SIN registration, Client NIT, Invoice number. For event planner services specifically, also include: Event planning, Venue sourcing, Vendor coordination.

How should event planners price services?

Flat planning fee, percentage of budget, or hourly. Corporate events often use flat fees.

Should planners pass through vendor costs?

Either pass through with markup (10-20%) or have client pay vendors directly.

What taxes apply in Bolivia?

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