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Government announces VAT increase from 12% to 15%

Juan Carlos Vega, Minister of Economy, in an interview with Teleamazonas, said that the VAT will be raised to 15%, the maximum that the law allows Daniel Noboa. Vega confirmed that Noboa will use the prerogative conferred in the tax reform that he carried out, where it was...
Posted On 22 Feb 2024
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The best destination for Ecuador’s exports is the European Union

In 2023, Ecuador’s non-oil and non-mining exports grew 3%. However, it was the lowest increase in the last seven years. Ecuador achieved a growth of 5% in the value of its non-oil exports and 3% in its non-oil and non-mining exports in 2023. The country’s non-oil...
Posted On 22 Feb 2024
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