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IESS obligatory affiliation generates interest, rejection and doubts

Following the adoption of resolution 464 of the Directing Council of IESS, which creates the obligatory membership for people with no working dependency relationship, the reactions of doubt, rejection and interest, are frequent among professionals and freelance workers. In this...
Posted On 10 Mar 2014
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Ecuador, Mexico´s investment destination

Ecuador seeks to promote trade and investment relationship with Mexico, through an agreementin order to strengthen the income of their products and companies in Mexico. These issues will be reviewed during the meeting to be keep by the presidents of Mexico and Ecuador, Rafael...
Posted On 09 Mar 2014
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Self-employed workers may contribute to IESS according to their wages

On last Thursday the director of the Internal Revenue Service (IRS), Carlos Marx Carrasco said that the contribution to the Ecuadorian Institute of Social Security (IESS) that professionals and self-employed should make under the new figure of Mandatory Applicable Membership to...
Posted On 08 Mar 2014
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The number of young women who are heads of companies increase

Young women are gaining ground at holding middle-high and high positions within the national and foreign companies, unveiled a survey conducted by the consulting firm Deloitte & Touche.    Only 41% of women aged 30 to 35 reached such important executive positions a year ago,...
Posted On 08 Mar 2014
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Toni seeks replacement for the imported cereal

After the changing of the production matrix, and the import substitution by domestic inputs was applied, the Toni Company is searching for a similar cereal like the one that attached with their Toni Mix product. Rosa de la Paz, marketing manager of the yoghurt line, clarified...
Posted On 07 Mar 2014
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Imported products may enter up to $ 2000 without the INEN regulation

According to a statement posted on the website of the Customs Service of Ecuador (Senae) on February 28, it communicates that importers can buy abroad up to $ 2000 per month of the same subheading without presenting recognition certificates required by the Ecuadorian...
Posted On 06 Mar 2014
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Coca Cola plans make an investment in Ecuador of $ 1,000 million over 5 years

Transnational multimillionaire company Coca Cola will invest 1,000 million dollars in Ecuador within five years, as revealed last Wednesday at the meeting between Muhtar Kent, president of the company, with Ecuadorian president Rafael Correa to present the investment program....
Posted On 06 Mar 2014
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Critical period for the exports to Venezuela

As “Critical” has been described the business relationship with Venezuela for local exporters. According to figures from the Central Bank of Ecuador (BCE), last year sales fell 49% compared to 2012, and so far this year, the situation has not improved. The internal...
Posted On 05 Mar 2014
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New standards for imports will not be suspended

“Do not insist on returning to the past,” was the message given yesterday by Minister of Industry and Productivity, Ramiro Gonzalez, to the “spokesmen of the cameras.” This was the response regarding the request for made ​​this week which representatives...
Posted On 01 Mar 2014
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300 thousand tourists will receive Playas in Carnival

Around 2,000 tourist servers of General Villamil (Playas), integrated by  restaurants owners,sun umbrellas lessors, artisans, vendor partners, among others, are ready to welcome thousands of visitors for Carnival. Most are funded through appropriations. The hotel industry formed...
Posted On 27 Feb 2014
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