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Doing Business and Dealing with Officialdom

Doing business in Bolivia may be more difficult than in countries like the US or England. Things like starting a business, getting construction permits, paying taxes, registering property and enforcing contracts can take much longer in Bolivia than in other countries and involve more procedures. It is also, on average, more difficult to hire employees, gain credit and protect investors.

The basic necessary steps to starting a business are slowed down by bureaucratic red tape and redundancy. If you are trying to open a business in Bolivia, expect to undertake many steps in most cases. This is not to say it can't be done, just with more difficulty than elsewhere.

Time spent by management dealing with officials in Bolivia also ranks pretty high compared to other countries. This makes sense when taking into account the high number of procedures required in order to start a business. Delays due to bureaucracy should be taken into account when developing a business time strategy in Bolivia.

Here are some related tips to help plan your trip to Bolivia: Jesuit Mission Tours, San Ignacio de Moxos History, Lake Titicaca, Safety , Quebrada Seca, Suggested Reading, Services, Regions, Seniors and Bolivia Internet Access, WiFi and Internet Cafes.

14 Dec 2009

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