Bolivia: A natural choice for South America

Gas, minerals and forests provide opportunities

Why Bolivia?

It’s great natural resources that make Bolivia attractive to investors. The country has large reserves of tin, silver, lithium and iron ore, plus the second-largest natural gas reserves in South America.

Natural reserves abound, with gold, copper, zinc, plumb, antimony, sulphur, borate, potassium and semi-precious stones on offer, as well as forests with fine and exotic woods. It’s no surprise, then, that Bolivia’s key sectors include mining, manufacturing and petroleum.

TMF Bolivia has more than a decade of experience assisting local and international clients. Its historic growth was bolstered by the acquisition of Ernst & Young’s outsourcing unit business portfolio in 2006, and by later acquisitions of portfolios from KPMG and Ruizmier. That expansion helped us to open a second office in 2007, setting up in the city of Santa Cruz de la Sierra, the engine of the Bolivian economy.

Throughout this time, TMF Bolivia has been the country’s leading provider of accounting, tax compliance, human resources, payroll and management of legal entities, servicing both local and global customers.

Our core areas of expertise

TMF Bolivia has more than 40 employees with vast experience and knowledge of the local market. All of our staff are members of relevant industry alliances, such as the Association of Auditors of Bolivia and Bolivian Bar Association for Lawyers.

The support of a global network of professionals allows us to serve clients across different industries such as technology and communications, heavy machinery and spare parts, mining, construction, railway and cable cars, embassies and consulates and NGOs by providing flexible and customised solutions suited to their needs.

At TMF  Bolivia we adhere to the highest international standards of Information Security Management as we operates under ISO 27001 and  International Standard on Assurance Engagements (ISAE) 3402 certifications

We are part of the Chamber of Industry and Commerce of the East (Cámara de Industria, Comercio, Servicios y Turismo de Santa Cruz Bolivia CAINCO) and the American Chamber of Commerce (AMCHAM).

TMF Bolivia works in accordance with international standards such as IFRS, US / UK GAAP

Our full range of services include:

  • Accounting and tax services: we take care of local statutory bookkeeping, full consolidated accounts and management reporting to relevant local and international standards. We also help you manage your tax and reporting obligations.
  • Corporate secretarial services: we can take care of recurring compliance filings, manage routine corporate changes and retrieve any official corporate documents from official registries.
  • Governance services: we help you stay compliant, manage your risk and stay on the right side of regulators and filling requirement for CRS, FATCA, KYC and BEPS related regulations.
  • HR and payroll services: we help you to hire the right people, apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law.
  • Private equity investment services: we support investment managers with bespoke back office solutions, administer complex international investment structures, and facilitate expansion and operating abroad.
  • Real estate investment services: our expertise covers work in multiple jurisdictions, including international holdings and administration pertaining to property companies, along with fund administration.
  • Structured finance services: we help to make sure the establishment, operation, and management of SPV's structured finance vehicles runs smoothly.

To find out exactly how we can help you, speak to our experts

We deliver tailored solutions to each precise location that all you to operate smoothly from day one.

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