Articles written by Legal Team Ecuador on Business news updates, Legal / Law changes, Regulatory updates, Industry reviews, Legal advisory, Accounting advisory, Expert Q&As and much more.
If your international business expansion isn’t going to plan, it’s important to understand how to liquidate a company in Ecuador. Ecuadorian legislation provides several procedures to liquidate, cancel and dissolve established companies or branches domiciled in the...
Tourism in Ecuador is rapidly becoming a key pillar of the country's economy. The country’s geographical and cultural diversity makes it a striking destination for holidaymakers from Northern and Southern America. Tourist numbers have grown steadily since 2007,...
Since the validity of the Constituent Mandate 8 on 6 May 2008, hiring staff in Ecuador has been somewhat complex. The mandate ruled that outsourcing labor hiring intermediation and any form of employment-related activities to which the company or employer in Ecuador...
Ecuador is increasingly becoming an investment destination of choice in Latin America. Investors planning on starting a business in Ecuador have the opportunity to take advantage of the country's economic offerings and strategic position in the region as the country...
Ecuador's economy is taking significant strides to open itself up to foreign business and investment, and as such is facilitating increasing people and goods movements across its borders. Vital to this facilitation are the country's airlines, though it can be said...
In recent years, with the acceleration and mass adoption of internet access, and availability of smart mobile devices by the global population, we have witnessed a gigantic wave of advances in the provision of technology-based services, innovation development,...
When initiating commercial or business activities anywhere in the world, one of the issues that should not escape the attention of entrepreneurs is the legalization of their intellectual property assets. This includes elements of their brand and products, such as...
Companies that decide to start exporting products or do business internationally, in general, need to facilitate a favorable scenario for their investments. This reduces uncertainty and optimizes the allocation of resources for business expansion to an international...
With improved national security levels, education, infrastructure and social development, Ecuador welcomes increasing numbers of foreign businesses to its shores. Though GDP sits at a modest 0.6%, Ecuador is experiencing one of the steadiest growth rates in Latin...
Ecuador’s steadily-growing economy supports a flourishing financial technology (Fintech) industry and other contemporary business models. In order to keep up with emerging technologies in this and other areas, its government constantly reviews its relevant frameworks....