Schmidt & Schmidt provides extracts from the commercial register of Bolivia with a translation and legalization.
Plurinational State of Bolivia is a sovereign presidential constitutional republic in South America. Local currency is the Boliviano. Official languages are Spanish and 36 indigenous languages, such as Guarani, Quechua, Aymara, etc. Bolivia is a member of the United Nations, International Monetary Fund, Non-Aligned Movement, Organisation of American States, and other major organisations.
Bolivia is one of the poorest countries of South America, as a result of years of political instability and difficult topography. Main sector of economy is services – they make up over 50% of GDP. At the same time, services sector is underdeveloped, and Bolivia has got weak purchasing power. Banking and finance suffer from corruption and poor regulation. There are about 300 000 companies registered in Bolivia, most of them are trade enterprises.
Bolivia is not an offshore jurisdiction. However, it is not a part of the OECD forum on tax cooperation either. Bolivian legal system is classified in the category Civil law, with Spanish, American and French influences.
Business activities in Bolivia are regulated by the Civil Code and other laws.
Types of businesses in Bolivia
- Sociedad de Responsabilidad Limitada – limited liability company
- Sociedad Anónima – joint-stock company
- Sucursal de Sociedad Constituida en el Extranjero – branch of foreign company
- Sociedad Colectiva – collective society
- Sociedad Anónima Mixta – mixed joint-stock company
- Entidad Financiera de Vivienda – financial housing entity
- Sociedad en Comandita por Acciones – limited partnership in commendam
- Sociedad en Comandita Simple – limited partnership
- Empresa Unipersonal – individual entrepreneur
Registration of companies in Bolivia is carried out via Commercial register of Bolivia, which is an official state institution. Commercial register is administered by a non-profit fund Fundempresa, and supervised by the Ministry of Productive Development and Plural Economy (Ministerio De Desarrollo Productivo Y Economía Plural). The register is also regulated (to a certain extent) by the Department of Business Management.
Contents of the register
The main type of extract available from the Bolivian business register is a company profile. It contains the following information relevant at the moment of the request:
- Name of the company
- Type of business
- Legal address
- Contact information
- Current status (active/inactive)
- Main activities
- Registered capital
- Management and shareholders
- Affiliated companies
- Corporate statistics
- Credit report
NB: Information about some companies may be unavailable, or available for a fee.
Search in the register is not free of charge. Search results are sent to you within 7-14 days after request submission.
To get a required document, we will need the following information about a company:
- Full legal name
- Registration number
An extract from the business register of Bolivia can be used in order to:
- Obtain detailed information about potential business partners
- Negotiate foreign trade agreements
- Register legal entities with foreign participation
- File legal claims
An extract is provided in the form of a PDF-file in Spanish. Original documents can be translated, sent by post, in a legalised form.
Legalization of extracts from Bolivia
Bolivia is NOT a member of The Hague Convention Abolishing the Requirement of Legalization for Foreign Public Documents. The Convention is intended to enter into force on 7 May 2018.
Until then, the documents issued in Bolivia are NOT subject to a simplified apostilling procedure, and have to be legalised directly via the consulates of Bolivia.
Schmidt & Schmidt offers assistance in legalization process. In addition, you can order notarised translation from Spanish.
We provide extracts from the register in strict compliance with the legislation of Plurinational State of Bolivia and the General Data Protection Regulation.
Inquiries are processed within one working day. Courier delivery of apostilled documents is paid separately by courier service tariffs.
You can order free preliminary availability check of required information on our website.
|Service||Price incl. German VAT 19%||Price excl. VAT|
|Price for an Electronic Extract||from 119,00 €||from 100,00 €|
|Price for an Extract with Apostille without international shipping||from 1428,00 €||from 1200,00 €|