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On August 02, 2017, Law No. 967 was passed, ratifying Bolivia’s formal accession to The Hague Apostille Convention, which will grant legal value to public documents issued in other signatory countries.

The Twelfth Hague Convention Suppressing the Requirement of Legalization of Foreign Public Documents of October 5, 1961, known as Apostille Convention, recognizes the legal effectiveness of a public document issued in another signatory country, without the need of consular legalization.

This international agreement will replace the so-called chain of legalizations, by a simplified procedure, thereby expediting and reducing the costs of the former procedure.

Once the law comes into effect in a period of eight months, a stamp by pertinent authorities will be the only formality required to grant validity to foreign documents.

Regulations of Sanctions for Commercial and Accounting Violations



The Bolivian Corporate Authority (AEMP) has issued RA/AEMP No. 77/2017 of July 19, 2017, which approves the new "Regulations of Sanctions for Commercial and Accounting Violations". At the same time it replaces RA/AEMP No. 052/2011, the former regulations which did not contemplate accounting violations. 

The new regulations (among other aspects) refer to accounting procedures carried out by unauthorized individuals, the formalities of accounting and corporate books, the authorization of electronic means for compulsory books, the custody of accounting books (5 years according to the Commerce Code), double accounting, lack of publication of documents in the Electronic Gazette of the Trade Register, Legal Reserve, etc.  Moreover, Chapter III refers to violations related to compliance with generally accepted accounting principles.

Among the possible administrative sanctions, the new regulations include written reprimands, fines, temporary suspension of the commercial license, cancellation of the commercial license and temporary suspension of the chairman of the board, managers and legal representatives. 

For further information, please find attached a copy of the new regulations RA/AEMP NO. 77/2017 and please visit the following website:



Supreme Decree No. 3161 - Wage Increase


On May 1st 2017, the government of Bolivian issued Supreme Decree No. 3161 by which the minimum national wage was increased by 10.8% and salaries for the private and public sector were increased by 7%. Regulations on how the salary increase will be applied are expected in the coming days.

Supreme Decree Nº 2954 on Integral Waste Management

Adriana Morales


On October 19 2016, Congress approved Supreme Decree Nº 2954, General Regulation to Law Nº 755 of October 28, 2015, on Integral Waste Management (the “Regulation”) within the framework of article 344 of the Constitution, which provides that the State shall regulate the internment, production, commercialization and use of techniques, methods, input materials and substances that affect health and the environment.

The Regulation encourages the participation of the general population and sustainability in the operational management of waste in compliance with the right to health and seeking to live in a healthy and balanced environment.

To this effect, the following important aspects are included in the Regulation:

Classification of waste generators

Waste generators are classified as follows:

a)  Major generator: generates an amount equal to or greater than 20 tons of waste, in total gross weight per year, or its equivalent in another measurement unit;

b)  Medium generator: generates an amount equal to or greater than 10 and less than 20 tons of waste, in total gross weight per year, or its equivalent in another measurement unit;

c)  Small generator: generates an amount equal to or greater than one and less than 10 tons of waste, in total gross weight per year, or its equivalent in another measurement unit;

d)  Micro generator: generates an amount less than one ton of waste, in total gross weight per year, or equivalent in another measurement unit.

The generator must store and classify the waste, either at the generation source, or at authorized locations, designated by the Autonomous Municipal Governments, as appropriate, and must cover operational costs.

Registry and Authorizations

The norm establishes a registry and the authority shall grant authorizations to those who carry out activities for the recovery and collection of recyclable waste (pending the enactment of specific regulation.) Promotes a Technical Assistance Program (TAP) aimed at the development of capacities and knowledge management for collectors and recyclers, with express prohibition in relation to the collection of hazardous waste.

Development of Educational Contents

Development of educational contents related to integral waste management and included in the curricular structures of the country's education system.

Development of Communication Strategies

The Regulations shall develop communication strategies and dissemination of educational messages on integral waste management, to raise public awareness. For this purpose, advertising shall be free, and completely covered by public and private media sector, which in addition, must comply with the following:

a)  Radio stations shall broadcast ads or educational and preventive content messages on integral waste management, minimum of 30 minutes per month, distributed in the following time slots: 07:30 to 09:30; 12:30 to 14:00 and 20:00 to 22:00.

b)  Audiovisual media shall broadcast ads or content messages on integral waste management, minimum of twenty 20 minutes per month, distributed in the following time slots: 07:30 to 09:30; 12:30 a.m. to 2:00 p.m. and 8:00 p.m. to 10:00 p.m.

c)  Written media shall once a month circulate ads or educational and preventive content messages on integral waste management, allocating the entire back cover - body A.

Media providers that have a digital version on the internet, must disseminate this publicity in a permanent and exclusive form.

Media providers must submit, on a monthly basis, and also upon request by the Ministry of Communication, reports of disseminated communication products, whose non-compliance or falsity, may find media providers liable and subject to sanctions.

The Ministry of Communication, ex-officio, shall request media providers, to provide audio recordings, video or written copy of the publicity issued, granting a term of five (5) administrative days for its remission. The breach or falsity on the information provided, shall find media providers liable media providers.

Media providers that breach the above-mentioned, shall be subject to the following sanctions:

·   First offense, the fine amounts to UFV 5,000 (FIVE THOUSAND 00/100 HOUSING DEVELOPMENT UNITS) (“UFV”)

·   Second offense, the fine amounts to UFV 10,000 (TEN THOUSAND 00/100 HOUSING DEVELOPMENT UNITS)

In the event of relapse, the fine will be increased by one hundred percent (100%) in relation to the last penalty.

Integral Waste Management Award

Productive activities, involving the integral management of waste, are awarded a recognition through the "Bolivia Limpia" award, a National Prize of Excellence for Living Well, which is given out to public and private entities and institutions that have implemented outstanding innovative practices on the integral management of waste.

Creation of Integral Waste Management Information System

The Integral Waste Management Information System is created, whose content, procedures and collection indicators, recording, systematizing and information update, related to the integral waste management, shall be approved through a Ministerial Resolution issued by the Ministry of the Environment and Water.

Creation of Integral Waste Management Information

The Sectorial Council for Waste is created to improve the coordination and materialize the sectorial policies for the Integral Waste Management.

Promotion of Prevention Measures

The promotion of prevention measures for the generation of waste:

a)  Application of technologies that favor the reduction of waste;

b)  Minimization in the use of packing or packaging of products;

c)  Reuse of materials and containers either in the same initial function or different, as appropriate;

d)  Others that encourage the change of patterns of consumption, before the generation of the waste.

Waste containers should prioritize to be made of recycled material and identified as follows:

·   Green: Organic waste.

·   Yellow: Recyclable waste.

·   Black: Unusable waste.

Retailers or distributors of products, in supermarkets, markets or other similar establishments, should promote and encourage consumers to reduce unnecessary use of packing, packaging or containers, through messages or educational incentives, as appropriate.

Autonomous Territorial Entities may establish economic or fiscal measures or institutional agreements aimed at prevention, hazard reduction and take advantage of waste, in the productive or commercial sector.

Packers for the marketing of their products must use containers that include recycled post-consumer material.

Producer's Extended Responsibility

The producer's extended responsibility (PER), set out under Law No. 755 of Integral Waste Management, whereby producers and distributors are responsible for the integral management of their products, until the post-consumption phase, when they become waste, applicable to PET bottles, polyethylene bags, tires or pneumatics, batteries or primary cells and pesticide containers, and is extended by the Regulation, to electrical and electronic equipment waste, which are not generated by specific activities to the electricity sector.

To this effect, producers and distributors subject to this Extended Producer Responsibility regime must register under the registry established by the Ministry of Environment and Water, and develop and submit compliance programs for the comprehensive management of their products in the post-consumer phase, for a period of five (5) years.

Treatment Plants

Regarding treatment plants, the Regulation sets out the following types:

·   Waste classification plants;

·   Biological treatment plants;

·   Biological mechanical treatment plants; and

·   Waste heat treatment plants.

The final waste disposal must be carried out using the landfill method with a final disposal capacity of at least 15 years, located at a minimum radius of 3,000 meters from the last housing unit.

Landfills are classified as:

·   Landfills for non-hazardous waste;

·   For hazardous waste; and

·   Inert waste.

Export of Hazardous Waste

In relation to the export of hazardous waste, this may be done after issuing a certification from the Ministry of Environment and Water for formal filing with the Customs Office. Likewise, it is required that the country receiving the hazardous waste issue the respective authorization.





On December 11, 2015, Law No. 767 (“L767”) was enacted to Promote Investment for the Exploration and Exploitation of Hydrocarbons.

The principal purpose of L767 is to promote investments for exploration and exploitation of hydrocarbons, within the entire territory of the Plurinational State of Bolivia, which has been declared a national interest.

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Ministerial Resolution No. 1031-1015 issued by the Ministry of Labor (the "Resolution") which regulates the payment of the second Christmas Bonus "Effort for Bolivia" ("Second Bonus"); the norm confirms that the benefit shall include all private sector workers who are subject to the General Labor Law (“LGT”), with an individual employment contract or employment relationship in terms of remuneration and dependence, paid employment, 

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President of the Plurinational State of Bolivia, enacted (3) important laws for the agribusiness sector.

These laws are aimed at generating conditions and broaden the agricultural boundary through as the land’s Economic Social Role (“ESR”) was extended to five years, to avoid reversion and the increase to 20 hectares of permitted deforestation in favor of small producers.

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