Types of Companies in Bolivia (2026): S.R.L., S.A., Unipersonal and Branch

By Easyco Updated September 29, 2026

Bolivia’s economy is built on industries like mining, agriculture and hydrocarbons, and since July 2024 the country has been a full member (State Party) of MERCOSUR, the South American trade bloc it shares with Brazil, Argentina, Paraguay and Uruguay.

If you decide to register a company in Bolivia, one of the first things to decide is the legal structure that best suits you and your business. It determines how many partners or shareholders you need, how the company is managed and how its capital works. Below we compare the main types of companies in Bolivia, their advantages, the number of partners each one needs and how to incorporate yours.

In short: most foreign founders use an S.R.L. (the Bolivian LLC), the S.A. suits larger companies with investors, the unipersonal company is a sole trader with unlimited liability, and foreign companies can open a branch. Ready to start? Follow our guide on how to set up a company in Bolivia.

Types of companies in Bolivia

Limited Liability Company or ‘Sociedad de Responsabilidad Limitada’ (S.R.L.)

LLC in Bolivia: the Bolivian equivalent of an LLC is the S.R.L., and it’s the structure we recommend for foreign founders.

It needs a minimum of 2 partners and can have up to 25. Most of our clients bring a second shareholder; if you don’t have one, Easyco offers a nominee shareholder service at an additional cost.
The partners have limited liability, up to their contributions.
It is managed by one or more managers, who can be partners or not.
Capital: there is no legal minimum. The amount is decided at incorporation, depending on the company’s activities, and is divided into equal quotas of Bs 100 or multiples of Bs 100.

Corporation or ‘Sociedad Anónima’ (S.A.)

Suited to larger companies or companies planning to bring in investors.
It needs a minimum of 3 shareholders, who have limited liability up to the shares they subscribe.
It is managed by a board of directors of 3 to 12 members, and it can be formed in a single act or by public subscription of shares.
If the legal representative is a foreigner, they must be a resident of Bolivia. Easyco can assign the legal representative as a service.
Capital: no legal minimum. The capital is divided into shares, the amount is set at incorporation, and the subscribed capital must be at least 50% of the authorized capital.

Unipersonal Company or ‘Empresa Unipersonal’

A sole trader: one individual registers the business in their own name, and a person can register only one.
It is not a separate legal entity, so the owner has unlimited liability and answers for the business with their personal assets.
It suits small business owners and entrepreneurs. As a foreign founder, ask us whether it fits your situation.
Capital: no minimum; the owner’s personal assets back the business.

Foreign Branch Company or ‘Sucursal’

Lets an existing foreign company operate in Bolivia without forming a new company.
The foreign company appoints a Local Legal Representative with broad powers in Bolivia.
It must have a registered office address in Bolivia and keep separate accounts.
Capital: the parent company assigns capital to the branch in bolivianos.

Bolivia does not yet have a single-owner limited liability company. A bill to create a simplified corporation (SAS) has been proposed, but it is not law.

How to set up a company in Bolivia

These are the steps to register a company in Bolivia. The details vary depending on the type of company and its business activities:

Choose the right company type
Appoint a legal representative and sign the power of attorney
Check and reserve the company name with SEPREC
Sign the incorporation deed before a notary
Register the company with SEPREC (Servicio Plurinacional de Registro de Comercio), which took over Bolivia’s commercial registry from FUNDEMPRESA in 2022
Get the NIT tax ID from the SIN
Open a corporate bank account
Get the municipal operating license and register as an employer (including with the Caja Nacional de Salud)

The whole process can be done remotely through a power of attorney. With Easyco, it takes 2–3 months, including incorporation, government approvals and the NIT tax ID, counted from the moment all required documents are received and submitted to the Bolivian authorities.

Set up your company in Bolivia with Easyco

Bolivia is attractive to investors from all over the world. To make sure you register your company the right way, get in touch with us: our team of experts will make sure you comply with all Bolivian laws.

At Easyco, we make company formation in Bolivia easy. Our team of corporate experts has vast experience helping companies and individuals register their business in Bolivia, fully remotely and hassle-free. Contact us for a quote.

Start your company in Bolivia today!

In addition, Easyco provides services to keep your company compliant: