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.

Ecuador Welcoming Foreign Investment Through New Legislation

Ecuador Welcoming Foreign Investment Through New Legislation

Ecuador has made a crystal clear statement regarding the international business environment in recent years - we are opening up to the world and we want foreign investment. Few signals can be clearer than the passing of the Productive Promotion and Attraction of Foreign Investment Law in late August. This law includes big tax benefits to new investments in Ecuador and applies to both new...

Steps to Create / Register a Foreign Branch Office in Ecuador

Steps to Create / Register a Foreign Branch Office in Ecuador

Great resources, an educated workforce, multiple opportunities and a quite frankly beautiful country; Ecuador has the potential to become one of the most important Latin American economies to invest in. Qualities like these are motivating a lot of small, medium and large companies to turn their attention to Ecuador in order to establish commercial operations, often in the form of a foreign...

Essential Corporate Secretarial Services in Ecuador

Essential Corporate Secretarial Services in Ecuador

Ecuador is emerging more and more as one of the top investment destinations in Latin America. The region has an incredible variety of natural resources, a notoriously hardworking and qualified workforce and a government which has made its position very clear in where it stands regarding foreign investment and has opened its arms to more foreign businesses settling on its shores. Ecuador is...

Different Types of Companies / Legal Entities in Ecuador

Different Types of Companies / Legal Entities in Ecuador

Business opportunities in Ecuador are becoming more and more enticing for foreign investors. The Ecuadorian government has been more than open in its intentions to attract foreign investment and recent legislation is indicative of this. There are many factors that are contributing to Ecuador's current 'purple patch'. A strong and stable national currency in the form of the US Dollar has helped...

9 Key Steps to Create a Corporation in Ecuador

9 Key Steps to Create a Corporation in Ecuador

In recent years, Ecuador has opened its doors to foreign investment. The government has introduced various measures to increase foreign presence in Ecuador, an example being the Productivity Development law (Ley de Fomento Productivo). This law introduces huge benefits for new companies looking to register a business and begin commercial activities in Ecuador, offering between 3 and 15 years of...

Meet the Team: The Ecuadorian Gentleman – Ernesto ‘Neto’ Teran

Meet the Team: The Ecuadorian Gentleman – Ernesto ‘Neto’ Teran

Ernesto Alfredo Teran Cornejo, or simply ‘Neto’ to all that know him, is the Group Professionalization Manager for Biz Latin Hub, based in Bogotá, Colombia. He has had a long and illustrious career has been typified by a never-ceasing passion to improve and promote his country as a place to both visit and conduct commercial activities.  After studying in Spain, Neto returned and established...

Individual Background Check / Due Diligence in Ecuador

Individual Background Check / Due Diligence in Ecuador

Who you partner with/do business with or who you hire are probably the most important pieces of the great puzzle that is doing business abroad. The need to have absolutely clear the people are involved with is of vital importance to the overall success of your business venture. The most effective way to have a clear understanding of the person/company you are involved with is through conducting...

How to Complete an Individual / Company Background Check / Investigation in Ecuador?

How to Complete an Individual / Company Background Check / Investigation in Ecuador?

Whether you are looking for a future employee, a general manager, a local partner/company to do business with, in Ecuador, thanks to transparency policies and the digitalization of government entities, there is a lot of information on the web that makes conducting a good background check relatively easy if you know where and how to search. In a world where information is one of the most valuable...

9 Tips for Doing Business and Incorporating a Company in Ecuador

9 Tips for Doing Business and Incorporating a Company in Ecuador

Learning about the Ecuadorian business environment requires plenty of business experience and the assistance of a trusted local partner. If you are unsure of how to navigate the local business environment in Ecuador, then check out our shortcut on business etiquette in Ecuador below. We outline the 9 key takeaways on how to do business in Ecuador. 1. Take on an Ecuadorian Partner Deciding to...

Company Formation Lawyer: The Steps to Form a Legal Entity in Ecuador

Company Formation Lawyer: The Steps to Form a Legal Entity in Ecuador

Now is a great time to form a company in Ecuador thanks to the country’s liberal investment regulations, business-friendly environment, and equal treatment to foreigners in regards to doing business.  For those looking to tap into Ecuador’s business potential, keep reading! Company Formation - Choosing the Right Legal Structure for Your Company in Ecuador When forming a company in Ecuador, there...

Pin It on Pinterest