Why Ecuador?

National Population:
+16.4 million people
Growth Projection by 2027:
Main Characteristics:

Ecuador is among the best-performing countries in Latin America, according to UNECLAC.

It is one of the leading countries in biodiversity per square kilometer.

The country grants tax credits and unlimited remission of profits in all sectors of economic activity.

It has a dollarized economy and one of the lowest inflation rates in the region.

It has access to a market of more than 1,000 million people due to its signed trade agreements.

Ecuador_Business Guide Cover_ENG
Interested in doing
business in Ecuador?

Growing Industries and Market Opportunities

Provision of Services
Textile Industry
Information Technology and Telecommunications

Limits for Foreign Shareholders

  • Companies in Ecuador have no nationality restrictions or shareholders' residency requirements for incorporation.

Main Tax Rates in Country

Corporate Taxes



Dividends received by a domestic or foreign corporation of a resident company are tax-exempt if profits have already been subject to corporate tax.

Employment Taxes
Payroll Tax: 1%
Social Security: 11.15% (employer) / 9.45% (employee)


Remittance of profits

Fully allowed with no restrictions.

Learn more about doing business in Ecuador

Fill out the form to start a conversation about expanding your business with our multi-lingual accounting and tax professionals.

Start A Conversation