Ecuador is located in Western South America, bordering the Pacific Ocean at the Equator, between Colombia and Peru. Ecuador is greatly dependent on its petroleum resources, which have accounted for more than half of the country’s export earnings and approximately two-fifths of public sector revenues in recent years. Record oil revenues in Ecuador are sparking new infrastructure projects throughout the country. Access this exciting country by setting up a company in Ecuador. CompanyRegistrationsWorldwide.com can assist you in the company formation process, providing you with an efficient and professional service.
Setting up a company in Ecuador – what are the main features?
- Ecuador company formation is cost-effective, with low government registration costs and a minimum capital requirement of US$800
- 100% foreign ownership is permitted
- An Ecuadorean company is subject to a corporate tax rate of 25%. Capital gains are taxed at 10%
- An annual tax return and financial statement must be submitted to the Superintendency of Companies following Ecuador company formation
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