Moreno Baldivieso Estudio De Abogados continues to operate at the forefront of the market, structuring complex mergers and acquisitions, corporate reorganisations and spin offs. The group represents a stellar list of international clients, particularly in the technology sector. With five offices across Bolivia, it is also well placed to advise local companies on operations within the country. Andrés Moreno leads the team, advising on mining, construction and insurance transactions, while René Cuellar is regularly involved in complex dissolution and liquidation processes. Clients also benefit from the input of Ramiro Moreno, who has experience representing international organisations in complex and high-value operations in Bolivia. An expert in corporate governance, Luis Moreno is sought out for assistance in compliance and governance structures, and Daniel Arredondo has in-depth knowledge of due diligence of companies and mining projects. Teddy Mercado advises national and international clients on corporate reorganisations. Senior associate Ines Ayala specialises in advising clients in the food and consumer goods sectors on corporate matters and commercial contracts. At the senior associate level, Fernando Landa and José María Navarro are names to note.

Sought out by international companies looking to operate in Bolivia, Ferrere is preeminent in the corporate market. The firm works to optimise costs for international payments, and provides strategic counsel to its growing client list. Leading the team, Diego Villarroel is well placed to advise both local and international clients on regulatory, corporate and contract matters, financing transactions and securities matters. At the senior associate level, Pablo Heredia focuses his practice on complex due diligence procedures, and has an in-depth knowledge of the agribusiness sector.  Raised to the partnership in September 2025, Santiago Rodríguez is a private equity specialist and frequently advises start-ups on optimising their corporate structure; he also demonstrates proficiency in reorganisations, corporate governance and shareholder relationships. Promoted to counsel the same month, Jorge Palza has developed a niche specialisation in telecoms regulations, allowing him to advise household name companies in this sector on their operations in Bolivia. At associate level, seniors Natalia Villarroel and Diego Tamayo are the names to note.

Able to draw on the firm’s full-service capabilities (including tax, labour, regulatory and compliance practices), the corporate capabilities at new market heavyweight PPO Indacochea (formed by merger in July 2025), demonstrates all the capabilities of the respective legacy firms. The team regularly advises a client roster of both local and international companies drawn from a broad array of sectors on cross-border M&A, investment and capital increases, as well as day-to-day corporate advice; it also evidences a strong suit in corporate restructuring and advice on the reorganisation of holdings and assets. Carlos Pinto plays a lead role in both company and asset acquisitions, as well as advising companies on public tenders for the development of energy and infrastructure projects. With a strong track record in cross-border M&A, Alonso Indacochea advises a diverse roster of international clients entering or exiting the Bolivian market, as well as significant family groups in the country. Marcial Fernández too, has a strong M&A practice and acts for an impressive roster of national and international clients; he also handles restructurings, company dissolutions, and foreign investment matters. Diego Borht, in turn, advises companies on their incorporation in Bolivia, particularly as regards corporate governance advice, the drafting of commercial agreements and establishment of investment structures; while Leonardo Azurduy focuses on the management of corporate operations and commercial contract negotiation. At senior associate level, Maria Laura Paz workload is centred on compliance and the drafting of commercial and civil contracts; and Delma Paz plays a key role in reorganisations, due diligence and the negotiation of shareholder agreements. Carolina Arnez is a further name to note at senior associate level, as is company law specialist Ingrid Reese who recently completed her LLM. Additional names from the associate bench include Sebastián Alba, who advises on shareholder meetings; Fabiana Vaca Pereira, who provides civil and commercial advice; and Leonardo Reyes, who handles transactional matters and spin-offs. Mariana Pereira and Ana Carola Muñoz left legacy firm Indacochea & Asociados to establish their own boutique (effective as of February 2025).

The practice at Bufete Aguirre Soc Civ excels at advising local and foreign clients in corporate restructuring, mergers, acquisitions and sales. With extensive experience in structuring projects, the firm also advises on financing operations and corporate governance. The group represents a stellar client list across a range of sectors, including technology, construction and retail. Practice head Eduardo Quintanilla is an expert in foreign investment in Bolivia and often advises on matters related to corporate structuring and acquisitions. He leads the team with Santiago Nishizawa, who is experienced in negotiating and designing contracts. Fellow practice co-head Ignacio Aguirre provides legal advice to national and international companies and entities. Sergio Antelo possesses in-depth knowledge of corporate, administrative and regulatory law, and also assists in preventative legal audits.

International investors regularly seek out Dentons Guevara & Gutierrez for advice on designing efficient structures for business development in Bolivia. The firm also excels at providing legal and financial audits to support mergers and acquisitions. Practice co-head Jorge Inchauste has extensive experience in structuring investments, particularly for projects in the mining and natural resources sector. He leads the corporate team with Rodolfo Mercado, who focuses his practice on mergers and acquisitions, while Enrique Barrios brings energy sector knowledge to the group. Banking and finance expert Ramiro Guevara advises on project finance. At the senior associate level, Alejandra Guevara advises clients during their incorporation into Bolivia, and Luis Gutiérrez assists in corporate restructurings and due diligence procedures. Vannia Busch is also a name to note. At the associate level, Daniel Ramírez and Emil Jung are key contacts.

The corporate team at Orienta Legal specialises in drafting and negotiating distribution and franchise agreements, structuring corporate financing, and managing dissolution and liquidation processes. The firm was recently established but draws on the successful track record of its lawyers in resolving commercial disputes, advising on complex business transactions and ensuring regulatory compliance. With experience leading high-profile legal projects such as company incorporations, restructurings, and mergers and acquisitions, Mariana Pereira leads the team; she focuses her practice on corporate and business law, and also advises on commercial, labour, contractual and tax matters. Acting for both national and international clients, fellow practice co-head Ana Carola Muñoz has in-depth knowledge of domestic and cross-border M&A and corporate reorganisations. Ximena Pereira assists on corporate governance, contract negotiation and labour compliance matters. Associate Valeria Baldiviezo is also a key member of the team.

The corporate practice at Aguilar Castillo Love represents a growing list of clients from a variety of sectors, including technology, infrastructure and finance. It assists in various forms of business combination or restructuring, including mergers, acquisitions, splits and spin offs. The group also has extensive experience preparing proposals for international public and private tenders, as well as advising on due diligence procedures, corporate governance practices and private equity deals. Leading the team in Santa Cruz, José Carlos Bernal advises on day-to-day corporate matters, M&A and restructuring, while Ismael Franco heads the practice in La Paz, advising national and foreign companies as well as start-ups. He also specialises in technology, and regularly advises companies in this sector on a range of corporate and regulatory matters.

The corporate practice at Becerra de la Roca Donoso & Asociados S.R.L. stands out for its regulatory expertise and its experience advising clients on interactions with the Bolivian government. It assists local and foreign companies on matters including complex M&A transactions, due diligence and contracts. Possessing strong expertise in the energy field, the team is often sought out by clients in the oil and gas and electricity sectors for advice on corporate matters. Leading the practice is Mauricio Becerra de la Roca Donoso, who has extensive experience advising energy sector clients on regulatory issues. He also has in-depth knowledge of company structures, equity and negotiating contracts. Manfred Arauz Olavarria is a key member of the team, focusing his practice on corporate litigation and administrative and regulatory law.

The corporate practice at Ontier works with major domestic and multinational corporations in high-profile transactions, asset transfers and equity structuring. Practice co-head Mauricio Saldaña has a successful track record advising on high-value M&A transactions and corporate structuring, particularly within the real estate, retail and finance sectors. He also demonstrates expertise in private equity, contracts and corporate dispute resolution. Saldaña leads the team with Hans Voss, who possesses strong regulatory knowledge and assists in complex corporate reorganisations and shareholder negotiations. Senior associate Andrea Antelo Salvatierra is a key member of the team, and provides clients with strategic counsel on employment regulations in the context of corporate transactions.

Corporate governance and restructuring are core areas of focus for Reinicke Ostria - Estudio de Abogados S.R.L. The team possesses strong regulatory knowledge and is sought out by companies for support in implementing new rules and regulations, and responding to civil, administrative and criminal actions. As practice co-head, Gody Reinicke Ostria regularly advises corporate clients from Latin America, Europe and the US. He leads the team with Benjamin Reinicke Ostria, who specialises in M&A transactions and cross-border joint ventures. Enrique Reinicke Ostria and Erick Reinicke Ostria are also key members of the group. Senior associate Patricia Caballero focuses her practice on due diligence and M&A documents, while Shirley Noelia Velásquez Nina advises on the incorporation of new companies in Bolivia.

The corporate practice at Serrate Paz y Asociados excels in complex cross-border transactions and possesses in-depth knowledge of Bolivian regulatory requirements and asset management. The team combines corporate expertise with financial services, supporting clients with financial structuring and securities. Practice head José Mario Serrate Paz Ramajo has extensive experience advising on high-stakes M&A transactions, as well as corporate governance and regulatory compliance, particularly in the telecoms sector. He also excels at corporate restructurings and cross-border transactions. At the senior associate level, José Miguel Paredes Sánchez focuses his practice on negotiations and M&A across multiple jurisdictions. María Ximena Callaú Videz is a key member of the team and provides specialist advice to foreign companies on their participation in international tenders.

Renowned for tackling complex antitrust issues across brewing, e-commerce, winemaking and agriculture, among other sectors, the antitrust and corporate team at Vaca Guzmán Siles Sociedad Civil has successfully challenged global giants like AB InBev and Delivery Hero. With offices in La Paz and Santa Cruz, the practice blends deep local knowledge with nationwide reach. The team is led by visionary Marcelo Gerardo Vaca Guzmán, who shapes the firm’s strategic direction. Additional key personnel include Marcelo Luis Vaca Guzmán Siles, in Santa Cruz, who advises major clients such as the Bolivian Stock Exchange and Banco Mercantil; and associate Evelyn Vaca Valdivia in La Paz, who supports national and international clients – including Cervecería Amazónica – with expertise in intellectual property and corporate law.

The corporate practice at Würth Bedoya Costa Du Rels Abogados offers a full range of services, advising on the incorporation, restructuring and dissolution of businesses. Collaborating with foreign and national companies on their operations in Bolivia, the firm works to ensure regulatory compliance and good corporate governance frameworks. It also assists with due diligence procedures and negotiating agreements and contracts. Mauricio Costa du Rels is experienced in mergers and has advised a number of companies in the energy sector. Fernando Bedoya is particularly skilled in acquisitions, having taken part in several major transactions. Corporate director Sergio Velasco has assisted in national and international transactions, and the opening of branches for international companies.

The corporate practice at C.R. & F. Rojas – Abogados advises on complex mergers and acquisitions, as well as day-to-day corporate issues. It also supports in complex restructuring, including asset liquidation, and managing employment termination processes. M&A expert Diego Rojas leads the team in Santa Cruz with Elizabeth Landivar, who has extensive experience in strategic investments, corporate reorganisations and due diligence. Pablo Rojas heads the La Paz office with Cesar Gonzalez, who specialises in cross-border transactions, corporate investments and private equity.

The corporate team at Gumucio & Abogados regularly advises clients from a range of sectors, including automotive, food and beverage, and construction. It is sought out for its assistance in drafting, reviewing and negotiating contracts, and advice on regulatory compliance. Julio Cesar Landivar Castro advises on the opening of local and foreign companies in Bolivia, mergers, and the liquidation and dissolution of companies. He leads the team with founding partner and labour expert Daniel Gumucio. At the senior associate level, Daniela Oroza Montero, Harold Barja Quiroga, and Fabiana Belén Terceros Pavisich are key members of the team.

The corporate practice at boutique firm Hardcastle I Cabrera I Serrate Abogados has a successful track record in corporate reorganisations, due diligence procedures and compliance. It also excels in advising on succession planning and asset management. The practice is co-led by Jorge Serrate, who specialises in mergers and acquisitions, corporate governance, procurement and supply chains; and fellow lead Rachel Hardcastle, who primarily advises national and international companies on the incorporation of operations in Bolivia. Former name partner Estefani Cabrera  left the firm in January 2025.

The corporate practice at Lima & Asociados has a successful track record in complex dissolutions involving strategic liquidation strategies. It also advises national and international clients on the formation and management of businesses, as well as mergers, acquisitions and joint ventures. Supporting companies in the banking, oil and hotel sectors, among others, the group also excels at drafting and negotiating contracts, corporate governance and ensuring regulatory compliance. Arbitration expert Juan José Lima leads the team with Pablo Marín, who specialises in litigation and conflicts related to registration law.

Mendieta Romero & Asociados (MR&A) has remained active in the M&A space, advising major international groups, financial institutions and holding companies on complex transactions and regulatory matters. Gonzalo Mendieta leads the team, working closely with Daniela Murialdo Lopez. At the associate level, José Antonio Rivera plays a key role, and Marcela Rada is also an active member of othe department.

Ratio Legis is recognised for its strong corporate law practice. Led by Miguel Ignacio Mardoñez Barrero – an expert in corporate transactions, tax, foreign trade and compliance – the firm handles mergers, acquisitions, joint ventures and company formation. Oscar Alvaro Davezies Avalos focuses on corporate governance, while Lilibeth Parada Limón advises on commercial, administrative, property and notarial matters. The group has recently expanded its work to cover compliance and crypto-assets. Holding the presidency of the Bolivian Franchise Chamber for 2025, it also plays a growing role in shaping franchise law in the region.

The corporate practice at Urenda & Urenda specialises in commercial contracts and corporate structuring. The firm advises on investments and represents numerous foreign companies, particularly within the construction and engineering sectors. Manuel Urenda focuses his practice on the incorporation of foreign capital companies into Bolivia, assisting in structuring investments and optimising corporate structures. He leads the team with banking expert Alfredo Urenda.

The corporate practice at Urenda Abogados Sociedad Civil provides local and foreign companies with advice on operations in Bolivia. As an interdisciplinary team, it can offer a full service that includes advice from experts in tax, accounting and labour. The group excels in the drafting and review of contracts and loan agreements. Juan Carlos Urenda specialises in commercial and administrative law, and leads the team with senior associate Carla Sofía Camacho. She regularly advises on compliance and corporate governance, commercial transactions, and liquidations and closures. Mary Isabel Saucedo left the firm in 2024.

Domestic and international businesses seek out Villegas Aldazosa & Asociados Soc. Civ. for assistance in regulatory compliance, corporate governance and M&A transactions. The group also excels at carrying out due diligence procedures and legal analyses, and possesses in-depth regulatory knowledge. Gabriel Villegas Aldazosa heads the practice from Santa Cruz, specialising in M&A transactions, corporate planning and legal business design. Sergio Dávila Corrales leads the team in La Paz, where he advises a range of companies and non-profit organisations on corporate matters. Senior associate Maria Nydia Gantier is another active member of the team.

Wayar & Von Borries Abogados S.C. demonstrates expertise in drafting and analysing corporate and commercial documents. The firm provides legal counsel to companies across a variety of sectors, including construction, technology and engineering, regularly carrying out due diligence processes and ensuring regulatory compliance. In addition to day-to-day corporate advice, the group also assists in corporate structuring, sales of assets and closures of operations. The team is led by five partners: Iver von Borries, Bernardo Wayar Caballero, Javier Romero Mendizábal, Bernardo Wayar Ocampo and Mauricio Dávila.