Increase in the National Minimum Wage under Decree 5503 and Its Impact on Costs

The 10 Most Important Questions and Answers of Supreme Decree 5503

Learn the key legal and economic implications of Bolivia’s Supreme Decree 5503, including tax reforms, investment incentives, wage increases, and emergency measures affecting businesses and individuals.

Determination of the Place and Time for Fulfilling Obligations

Learn how the place and term of fulfillment are defined in obligations, following legal criteria applied in civil relations.

Foreign Companies Operating Primarily in Bolivia

Learn when a foreign company is considered a local entity in Bolivia and what legal obligations and benefits this status entails.

Forfeiture of Illicit Assets in Bolivia

Criminal forfeiture in Bolivia allows the State to confiscate illicit assets derived from crimes, ensuring justice and economic transparency.

Object of Performance in Civil Obligations

Learn how the object of performance is determined in civil obligations and when a prestation is validly fulfilled.