Bolivia

Bolivia, a landlocked country in South America, is bordered by Brazil to the north and east, by Argentina and Paraguay to the south, and by Chile and Peru to the west. It is a democratic republic that is divided into nine departments. Its capital city is Sucre; however, the government is based in La Paz. The boliviano (BOB) is the official currency of Bolivia, and the official languages include Spanish and numerous native languages.

Bolivia is rich in natural resources and has the second largest natural gas reserves in South America. Foreign and domestic investments have increased mainly in the construction and infrastructure sector (construction of highways, bridges, buildings, shopping centres). On August 2019, a major project was concluded for the construction of a cement plant in Oruro with an investment of approximately 300 million United States dollars (USD). In addition, the Bolivian government has entered into a construction project of a Research and Development in Nuclear Technology Centre to be set up in El Alto, La Paz with a proposed investment of approximately USD 300 million, which is envisaged to be one of the most important nuclear centres in South America. There are also relevant projects for the oil and gas industry related to the construction of a polythene and polypropylene plant, as well as projects related to the construction of lithium carbonate plants.

PwC Bolivia has approximately 300 professionals in its audit, tax, and consulting practices. These professionals include accountants, lawyers, economists, tax specialists, consultants, and systems engineers. PwC Bolivia offers a range of tax and legal services, including tax compliance, tax consulting, merger and acquisitions, tax due diligence, tax planning, transfer pricing, support to audit and outsourcing PwC teams, constitution of entities in Bolivia, and residence and migratory advice.