Legal Team Ecuador

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What is a Corporate Compliance Officer for an NGO in Ecuador?

Owners of a Non-Governmental Organization (NGO) must appoint and register a Compliance Officer in Ecuador according to local corporate regulations. Non-Governmental Organizations in Ecuador, beyond having to comply with specific requirements for the operation of their activities locally, are also considered obligated subjects before the Financial and Economic Analysis Unit of Ecuador (Unidad de Análisis …

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A picture of a Cathedral in Ecuador

Simplified Shares Company (SAS) in Ecuador: A New Opportunity to Do Business

Ecuador is promoting business in the country by introducing a new legal entity, the Simplified Shares Company, or SAS (Sociedad de Acciones Simplificadas). On February 28, 2020, the new Law of Entrepreneurship and Innovation came into force in Ecuador. This law is a very important advance in Ecuadorian legislation and is accompanied by the implementation …

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Opportunities for E-commerce Companies in Ecuador

Opportunities for E-commerce Companies in Ecuador

The use of mobile devices and social networks have increased the usage of e-commerce sales methods and online purchases in Ecuador, presenting a great opportunity for businesses in the world of online sales.  The dynamics of buying goods have changed; consumers can now make different purchases on the internet through e-commerce platforms. Ecuador is no …

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Two women who are in a meeting discussing about business etiquette in Ecuador

5 Tips for Following Business Etiquette in Ecuador

Gain key insight into business etiquette in Ecuador to integrate smoothly into the country’s commercial culture and make crucial inroads with clients and partners. When expanding your company to a foreign country, it is essential to understand local business etiquette and culture. According to the Hofstede analysis, Ecuador is very similar to other Latin American …

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