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Green Tax Affects Enterprises Confidence, poll says

The Green Tax has registered a recovery in the previous months, however the companies trust began to decline again in June. According to a poll made by Deloitte the trust fell by 4,4 points less than May. The new reform imposed by the government pretends to set green taxes for...
Posted On 04 Jul 2011
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Correa Rectifies on The Deposit He Made in Europe

The Ecuador President, Rafael Correa, ratified that the $330 thousand he sent to a European account was in Belgium and not Germany like the Assembly member Jorge Escala previously informed to the SRI. The chief of Estate added it was to purchase an apartment in Belgium and the...
Posted On 26 Jun 2011
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113 Stores Selling DVDs and CDs Were Closed by the SRI

One hundred and thirteen stores selling DVDs and CDs were closed yesterday by the Ecuadorian Internal Revenue Service (SRI) during a nationwide crackdown on sales receipts issuance in 168 shops visited. In Guayaquil, the inspections were conducted in 24 stores; half of them were...
Posted On 22 Jun 2011
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Ecuadorian Tourism is Being Promoted in New York

Broadway, the theatres, large hotels, and shops street, is considered the heart of NewYork. Broadway is located, in the busy Times Square area of Manhattan, is covered twenty-four hours a day for at least two million New Yorkers and tourists. Right over there stands a gigantic...
Posted On 21 Jun 2011
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French Investors Interested in Ecuadorian Projects

Nathalie Cely, Coordinating Ministry of Production and the Deputy Minister of Foreign Trade and Integration, Francisco Rivadeneira held their first meeting with Laurent Demey, main official of PROPARCO French delegation. Demey expressed their interest in the productive capacity...
Posted On 20 Jun 2011
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Ecuador Commercializes $208 Through Internet

According to ILCE (Latin American Institute of Electronic Commerce), Ecuador commercializes some $208 millions trough Internet sales. Ecuador is now participating in the e-Commerce day conferences, an activity that is performed in seven countries and seeks to promote the Internet...
Posted On 20 Jun 2011
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Government Reconsiders the Green Tax

Nathalie Cely, the Coordinating Minister of Production informed through her Facebook and Twitter account that the Green Taxes are being revised. This meant that the bags would be out of the tax payments until they find a more productive measure that foments recycling. Cely also...
Posted On 14 Jun 2011
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Two Surcharges will be added in Ecuadorian Electric Bills

The electric rate increase will not be the only value that will be changed from July 1, because with the new rates that will be applied to users who consume over 500 kilowatt hours per month (kWh /month), two surcharges will be added in their bills increasing,...
Posted On 09 Jun 2011
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Green Tax Reform Proposal in Ecuador

The Finance Ministry said the tax reform bill that they propose to apply to plastic beverage bottles, plastic bags, and paper is an environmental and health measure. For the government, goods that are intended to be burdened have perfect substitutes such as cloth bags...
Posted On 09 Jun 2011
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Export Formalities Now on the Web

Businessmen may spend fifteen days in order to obtain the required certificates to sell their products abroad or to ensure that their items are 100% Ecuadorian or to certify that they were produced with high quality standards, according to the Ministry of Industr...
Posted On 08 Jun 2011
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