Law No. 1755 introduces five-year customs duty and VAT exemptions for imports and domestic sales of machinery, equipment, supplies and other essential goods for Bolivia’s agricultural, industrial, construction, transport and mining sectors.
Bolivia’s Executive Branch has published Law No. 1755 of 30 July 2026 in the Official Gazette, which entered into force on the same day.
The Executive Branch has introduced tax incentives through amendments to the 2026 General State Budget, originally approved by Law No. 1705 of 31 December 2025.
This 2026 Bolivian legislative decree establishes significant modifications to the national budget, authorising an additional allocation of over 7.4 billion Bolivianos for the public sector. The law introduces a rigorous framework for the reorganisation or liquidation of state-owned enterprises based on technical diagnoses of their financial viability. It further mandates the closure of inactive public trusts and converts the obligations of the Industrial Revolution Productive Fund into national currency.
To stimulate economic growth, Law No. 1755 grants a five-year exemption from customs duties and VAT on the importation and domestic sale of essential machinery, supplies, seeds, drones and accessories, genetics, tools, equipment, capital goods, and industrial plants intended for the agricultural, industrial, construction, transport, and mining sectors.
