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Bolivia Tax Information

13% IVA + 3% IT

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

Locksmith Services to Invoice

  • Lockout service
  • Lock rekeying
  • Lock installation
  • Key duplication
  • Safe opening
  • Security assessment
  • Master key systems

Invoice Requirements in Bolivia

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

Payment Terms

Due on completion. Emergency calls paid on-site. Commercial accounts Net 15.

Contado15 días30 díasCrédito

Payment Methods in Bolivia

Bank TransferBanco MercantilBCPCredit CardCash

Locksmith Invoice Tips

  • Note service address
  • Include emergency premiums
  • Reference lock brands
  • Document hardware used
  • Track call-out fees

Frequently Asked Questions

What tax rate applies to locksmith 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 locksmiths in Bolivia?

Common payment methods in Bolivia include: Bank Transfer, Banco Mercantil, BCP, Credit Card, Cash. Due on completion. Emergency calls paid on-site. Commercial accounts Net 15.

What should locksmith invoices include in Bolivia?

Your invoice should include: NIT number, SIN registration, Client NIT, Invoice number. For locksmith services specifically, also include: Lockout service, Lock rekeying, Lock installation.

Emergency rate?

Charge premium for after-hours (1.5-2x). State clearly before dispatch.

Service call fee?

Minimum call-out fee covers travel. Apply to job cost if service performed.

What taxes apply in Bolivia?

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