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Bolivia Tax Information

13% IVA + 3% IT

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

Video Editor Services to Invoice

  • Video editing
  • Color grading
  • Motion graphics
  • Sound design
  • Subtitles/captions
  • Thumbnail creation
  • Format conversion

Invoice Requirements in Bolivia

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

Payment Terms

50% deposit, 50% on delivery. Rush fees for tight deadlines.

Contado15 días30 díasCrédito

Payment Methods in Bolivia

Bank TransferBanco MercantilBCPCredit CardCash

Video Editor Invoice Tips

  • Specify video length
  • Include revision rounds
  • Note footage received
  • Document export formats
  • Reference project files

Frequently Asked Questions

What tax rate applies to video editor 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 video editors in Bolivia?

Common payment methods in Bolivia include: Bank Transfer, Banco Mercantil, BCP, Credit Card, Cash. 50% deposit, 50% on delivery. Rush fees for tight deadlines.

What should video editor invoices include in Bolivia?

Your invoice should include: NIT number, SIN registration, Client NIT, Invoice number. For video editor services specifically, also include: Video editing, Color grading, Motion graphics.

How should video editors price their work?

Per project, per minute of finished video, or hourly. Consider complexity and turnaround time.

What should video editing invoices include?

Project name, video duration, services performed, revisions included, and delivery format.

What taxes apply in Bolivia?

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