Posts by Legal Team Ecuador- Business News and Updates


Articles written by this author include Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Professional Employer Organization (PEO) news, Q&A with experts, and more.

Understand your Options for Hiring Staff in Ecuador

Understand your Options for Hiring Staff in Ecuador

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 is dedicated is prohibited. Additionally, the Constituent Mandate arranged that the labor relationship between employer and...

Accountant’s Guide to Company Formation in Ecuador

Accountant’s Guide to Company Formation 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 works hard to open up its business environment. When planning your expansion to Ecuador, you'll need to understand and comply with...

How to Register a Cargo Airline in Ecuador

How to Register a Cargo Airline in Ecuador

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 that there is room for more actors in this space. Tourism, cargo, and business travel needs are upping the demand for commercial...

Business in Ecuador’s Technology Entrepreneurship Ecosystem

Business in Ecuador’s Technology Entrepreneurship Ecosystem

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, emergence of new needs and ventures that, little by little, are shaping new ways of doing business for new generations. These new...

How Do I Register a Trademark in Ecuador?

How Do I Register a Trademark in Ecuador?

It's crucial for business authenticity to register a trademark in Ecuador. 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 distinctive signs - commercial slogans, slogans, trade...

How to Internationalize Your Ecuadorian Company

How to Internationalize Your Ecuadorian Company

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 market. A key principle to ensure security in your expansion is building a sound legal strategy. For this, it’s recommended you...

Technology and Investment Drive Booming Sectors in Ecuador

Technology and Investment Drive Booming Sectors in Ecuador

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 America. The economy’s GDP has remained in the positive since 2000, and this trend is expected to continue. Furthermore, Ecuador’s...

How Ecuador’s Legislative Changes Have Boosted Investment Viability

How Ecuador’s Legislative Changes Have Boosted Investment Viability

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. One of these reviews has led to a legislative change recently. The reason for the changes, besides coping with the ever-changing...

What Is a Compliance Officer and Why Do You Need One in Ecuador ?

What Is a Compliance Officer and Why Do You Need One in Ecuador ?

If you are looking to expand your business globally and find new opportunities in markets across Latin America, then Ecuador is a country to consider. There has never been a better time to step foot in the nation and make a splash with your business. This is because of Ecuador's strong and stable economy. According to the World Bank, Between 2006 and 2014, Ecuadorian GDP growth averaged 4.3...

Ecuador’s Most Investment-Friendly Industries

Ecuador’s Most Investment-Friendly Industries

The business sector in Ecuador has been booming over the past 10 years. Whether starting your own business or investing in another, Ecuador has been one of Latin America’s hubs for entrepreneurs. Ecuador has experienced steady economic growth ranging from .1% to 5% over the past five years. Entrepreneurs and commercial actors from across Latin America and around the world are choosing to...

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