Who pays social security in Bolivia?

Both sides contribute. The employer pays 16.71% for health, professional risk, solidarity, and housing. The employee pays 12.71% toward pension and related insurance, plus a sliding solidarity contribution on salaries above BOB 13,000 a month.

How is salary taxed in Bolivia?

Employees pay RC-IVA at 13% on salary, which the employer withholds and pays to the SIN each month. Employees can offset it with invoices for personal purchases, so the amount withheld is often lower.

How does Good Balance Global hire employees in Bolivia?

As your Employer of Record (EOR), we employ your hire locally, register them with the CNS and the pension manager, and run monthly payroll. We also calculate the aguinaldo and RC-IVA withholding, so you don't need a Bolivian entity.

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Payroll and benefits guide

Bolivia

CapitalSucre

Fiscal Year1 January - 31 December

Date Formatdd/mm/yyyy

CurrencyBOB (Bolivian Boliviano)

Payroll FrequencyMonthly

Employer Taxes16.71%

Employee Costs12.71% – 24.19%

Overview

Languages: Spanish
Income tax: 13%
VAT: 13%; IVA (Impuesto al Valor Agregado) applies to most sales of goods and services and is collected by the SIN

Contributions

Employer

10%

Health insurance (CNS)

1.71%

Professional risk insurance

Employer solidarity contribution

Housing contribution

16.71%

Total employer cost

Employee

12.71%

Pension and related insuranceContribution base capped at 60 national minimum wages per month

1.15% – 11.48%

Solidarity contributionOnly on monthly salaries above BOB 13,000, on a sliding scale

12.71% – 24.19%

Total employee cost

Authority Payments

Authority PaymentPaid ToDue DateMethod

Authority Payment

Caja Nacional de Salud (CNS)

Paid To

Employer health insurance contributions

Due Date

Monthly, for the previous month's payroll

Method

Payroll declaration with payment

Authority Payment

Gestora Pública de la Seguridad Social

Paid To

Employee pension contributions and employer risk and solidarity contributions

Due Date

Monthly, for the previous month's payroll

Method

Online payroll declaration with payment

Authority Payment

Servicio de Impuestos Nacionales (SIN)

Paid To

RC-IVA withheld from salaries

Due Date

Monthly, on the date set by the last digit of the employer's tax ID

Method

Online return with payment

Minimum Wage & Working Hours

Minimum wage: BOB 3,300 / Monthly; Effective 2 January 2026, a 20% increase from BOB 2,750
Standard working hours: 8 hours per day, 48 hours per week; The weekly limit is 40 hours for women
Overtime: Paid at double the regular rate

Leave

Annual leave15–30 working days15 days with 1–5 years of service, 20 days with 5–10 years, and 30 days with 10+ years
Maternity leave90 days45 days before and 45 days after birth; CNS pays a maternity subsidy
Paternity leave3 working daysPaid by the employer

Leave type	Duration	Notes
Annual leave	15–30 working days	15 days with 1–5 years of service, 20 days with 5–10 years, and 30 days with 10+ years
Maternity leave	90 days	45 days before and 45 days after birth; CNS pays a maternity subsidy
Paternity leave	3 working days	Paid by the employer

Termination

Probation period: 90 days
Notice period: 90 days from the employer, or 3 months' salary in lieu (desahucio)
Severance pay: One month's salary per year of service after the first 90 days, plus proportional amounts for fractions of a year
13th salary: Mandatory aguinaldo of one month's salary, paid in December. A second aguinaldo applies only in years when annual GDP growth exceeds 4.5%

Benefits

Aguinaldo (Christmas bonus)Mandatory
One month's salary each December
Health insurance (CNS)Mandatory
Employer-funded public health coverage for employees and dependents
Private health insuranceCommon
A common top-up for professional roles

FAQ

Sources

Last updated: November 1, 2026

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