Category

Exports from the 6 of July 2010 until 22 May of this year with the Single System of Regional Compensation (Sucre), the virtual currency for the Bolivarian Alliance for the Peoples of America (ALBA), were $2.423,3 million,in 5.421 received transfers; while imports accounted for...

Ecuador presented a portfolio of 94 new projects for $37,000 million in the sectors of basic industries, mining, petroleum, electricity, water, telecommunications and bio-energy. It was the Ministry of Strategic Sectors, the presentation was made at the 6th International Forum on...

Dublinsa, with robusta coffee type (variety for industries mainly) and the National Association of Coffee Exporters (Anecafe), with Arabic (at best quality) seek to give life to the coffee sector, annihilate with the lower prices. The proposals, supported by industry, farmers and...

This Friday will be delivered to the Assembly the draft of the Organic Law of Tax Justice for the Redistribution of Wealth, responsabe to reforms payments for inheritances and capital gains. Reported via his Twitter account the President of Ecuador, Rafael Correa. The Bill...

The circular sent by the Superintendency of Banks (SB)that request to financial institutions  to report the customers card number, amount and channel of withdrawals greater than USD 5 000 in a month. Likewise, to report the withdrawals of more than USD 100 000 of the companies....

Contrary to the global trend of protecting family enterprises, in Ecuador, the head of the Government believes that it is not good that 80% of the companies have family structure. For example the European Commission, it invited the Member States to adopt measures that will ensure...

The Superintendency of banks (SBS) provided that financial institutions send information of individuals who, during the month, withdraw funds for amounts from $5,000 and legal persons (companies, institutions) from $100,000, also monthly. According to circular IG-DNEI-2015-120 on...

The business matchmaking Forum IV brought together 156 international buyers from 26 countries, on Wednesday at the hotel Hilton Colón of Guayaquil. 3,724 appointments was coordinated for the days of the event, which seeks to promote products with value added such as appliances,...

The main objective of the Law of Inheritance will be to avoid that big economic groups use trusts to evade their tax obligations, said Ximena Amoroso, Director general of the SRI. “Almost all companies operating in the country used the figure of trusts, but a high...

Yesterday, June 1, the Ecuadorian Business Committee filed their concerns to the possible variation of the method of calculating tax inheritance. The President of the Ecuadorian Business Committee (EEC), Henry Kronkle, stated that the reform worries entrepreneurs because it could...