Quarterly RC-IVA (Formulario 610) and annual compliance workflow for independent professionals and direct contributors in Bolivia, covering the 13% flat tax on Bolivian-source income, VAT-credit offsets via Formulario 110, IVA 13% and IT 3% obligations, and social security registration with the Gestora Publica.
Establish the client's tax status — dependent employee, independent professional (contribuyente directo), or mixed — because RC-IVA is computed and filed differently for each. Confirm possession of a NIT (Numero de Identificacion Tributaria) via the SIN/SIAT portal, note the NIT last digit (which determines the filing calendar), and verify whether the client is registered for IVA and IT, which are mandatory for independent professionals billing services.
Collect bank statements for the quarter (or full year) from Bolivian banks (BNB, BMSC, Banco Union, BISA, BCP) and classify all credits as taxable honorarios/income or excluded items (aguinaldo, own-account transfers, dividends from Bolivian companies, foreign-source receipts). Identify all payments to non-residents that may trigger IUE-BE withholding at 12.5% (Formulario 530). Confirm which credits correspond to facturas (notas fiscales) already issued to clients.
Gather all purchase facturas (notas fiscales) for business-related expenses in the quarter — office rent, professional services, supplies, telecoms — and compute the 13% VAT credit each generates for Formulario 110. Exclude foreign invoices (no Bolivian IVA), personal expenses, and any invoice lacking a valid NIT. Apply conservative defaults for mixed-use utilities (0% business until confirmed). The net VAT credit from Form 110 directly offsets the RC-IVA liability computed in the next phase.
Compute the quarterly RC-IVA liability on Formulario 610 using 2025 figures: deduct 2 x SMN (Bs 2,750) per month = Bs 16,500 for the quarter as the non-taxable minimum, apply 13% to the remaining base, then offset with the presumed credit (Bs 357.50 per month = Bs 1,072.50 for the quarter) and the VAT credits from Formulario 110. File Form 610 via SIAT (siat.impuestos.gob.bo) within 20 days after quarter-end: Q1 by 20 April, Q2 by 20 July, Q3 by 20 October, Q4 by 20 January.
Independent professionals billing services in Bolivia also owe IVA (13%) and IT (Impuesto a las Transacciones, 3%) on gross billings — these are separate monthly obligations from RC-IVA. IVA is filed monthly on Formulario 200 (or 143 for simplified taxpayers); IT on Formulario 400. Both are due per the NIT last-digit calendar. This phase is flagged for a Bolivian-licensed Contador Publico Autorizado to handle in full; the workflow produces a briefing sheet for that accountant.
Present the completed RC-IVA computation (Form 610 + Form 110), the IVA/IT briefing, and any IUE-BE withholding obligations (Form 530) to the client for confirmation. Obtain sign-off on all figures, then file Form 610 via SIAT within the deadline. Retain copies of all facturas, the filed Form 610, proof of payment, and the Form 110 factura register for at least five years per Codigo Tributario (Ley 2492) record-keeping requirements.
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