EC · S 0°11′ · W 78°28′

Ecuador

Ecuador uses the US dollar as legal tender. A SAS may be formed by one individual or legal entity with no minimum capital, making it suitable for foreign-owned local trade, distribution, or services; regulated activities need licence and entity-form checks.

EC

A dollar-based Andean operating base.

Simplified stock company (Sociedad por Acciones Simplificada, S.A.S.)

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01Key facts · 关键信息

Key points on one page.

Tax
CIT 25%; qualifying new investment may receive 22%; non-disclosure can add 3 points
Shareholders and directors
Min. 1 individual or legal-entity shareholder; appoint a legal representative; no general resident-director rule
Share capital
No minimum capital; subscribed and paid amounts are stated in the incorporation filing
Local requirements
Ecuadorian legal address and legal representative required; a foreign representative cannot hold a tourist visa
Annual maintenance
File financial information with SCVS in the first four months; CIT return normally due in April
Incorporation timeline
Approx. 2–4 weeks, depending on documents, signatures, and RUC registration
Public disclosure
SCVS can show register data such as legal representatives; beneficial owners and ownership structure go to SRI

Facts last checked · 2026-10-23

This page summarises publicly available regulations for general reference only and does not constitute legal or tax advice. Rules in each jurisdiction may change at any time; please confirm the latest position with an Offshore Isle advisor.

References (6)›
  1. 01SCVS — Constitución de sociedades por acciones simplificadas
  2. 02Servicio de Rentas Internas — Impuesto a la Renta
  3. 03SCVS — Presentación anual de estados financieros y sus anexos
  4. 04SRI — Reporte de Beneficiarios Finales y de Composición Societaria REBEFICS
  5. 05Banco Central del Ecuador — History
  6. 06PwC Worldwide Tax Summaries — Ecuador corporate income tax

02 · Advantages

Why Ecuador

  • 01One person can incorporate, with no minimum capital
  • 02A SAS registers directly with SCVS, rather than the Mercantile Registry
  • 03US dollar legal tender supports dollar-denominated local operations
Best forLocal trade and distributionProfessional-service operationsDollar-denominated project company

03 · Requirements

Formation requirements

  • Reserve the name and file the incorporation and legal-representative appointment documents
  • Provide shareholder and legal-representative identification; electronic routes also require e-signatures
  • Specially regulated activities, including insurance, securities, and prepaid healthcare, cannot use a SAS

04 · Compliance

Annual compliance

  • File financial statements, management report, and required corporate data with SCVS in the first four months
  • File the CIT return from 10–28 April, based on the ninth RUC digit
  • File REBEFICS when required and update it after ownership or management changes

After incorporation, Offshore Isle sets a compliance calendar. We remind you in advance of annual returns, renewals and filings, and handle them on your behalf.

Consult · 预约顾问

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Ecuador company.

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