Bolivia (BO)

Jurisdiction Overview

IDQuestionAnswer
272 *Is there an obligation to keep accounting data? Yes
 Data Date: 2019

Notes

 
DATA WARNING: Bolivia is not a member of the Global Forum and has not been reviewed yet.
 
The Commercial Code, Article 36, provides that all entities must keep an accounting adequate to the nature, importance and organisation of the entity, and must also keep the books, documents and correspondence that support them in good condition. Article 50 provides that entities must keep the documents that support all entries in the accounting books. Article 52 mentions that these documents must be kept for at least five years.

Sources

Commercial Code, Article 36, 50 and 52.
 
https://www.derechoteca.com/gacetabolivia/codigo-de-comercio-boliviano-vigente-y-actualizado/#1262CAP%C3%8DTULOIII