For year 2025, companies whose assets exceed US $100,000 (one hundred thousand 00/100 United States dollars) are required to pay the corporate contribution to the Superintendency of Companies, based on the determination made by this entity using the financial statements submitted by the entities under its supervision.
Said payment may...Read More
What you need to know
On July 30, 2025, the Superintendence of Personal Data Protection (SPDP) issued Resolution No. SPDP-SPD-2025-0028-R, through which it enacted the Regulation on the Data Protection Officer (DPO). This new regulatory instrument aims to reinforce the implementation of the Organic Law on Personal Data Protection (LOPDP) and its corresponding Regulation (RLOPDP), while clarifying key practical aspects for organizations already working toward compliance.Read More
On June 15, 2025, the President of the Republic of Ecuador issued Executive Decree No. 32, published in the Eighth Supplement of the Official Gazette No. 62 on June 18, 2025, which amended the General Regulation to the Organic Law of the Public Electric Energy Service (RLOSPEE) and the Natural Gas Operations Regulation (ROGN).
Below, ...Read More
The Organic Law of National Solidarity, enacted through its publication in the Sixth Supplement of Official Gazette No. 56 on June 10, 2025, amended the fifth unnumbered article following Article 317 of the Companies Law, concerning the prohibitions applicable to Simplified Joint Stock Companies (S.A.S.), establishing, among other prohibitions, the...Read More
Through Executive Decree No. 256 of May 8, 2024, the President of the Republic ordered the split (division) of the Agency for the Regulation and Control of Energy and Non-Renewable Natural Resources (“ARCERNNR”) into three new agencies, attached to the Ministry of Energy and Mines:
Mining Regulation and Control Agency (“ARCOM”)
Electricity Regulation and Control Agency...Read More
Through Resolution No. SCVS-INPAI-2024-00008987 dated April 26, 2024, the Superintendence of Companies, Securities, and Insurance extended the deadline for submitting the information required under Articles 20 and 23 of the Companies Law until May 31, 2024. For this purpose, companies may upload the corresponding information on the institutional portal without restrictions...Read More
In accordance with the provisions of Article 263, paragraph 8 (limited liability companies), and Article 131 (corporations) of the Companies Law, the legal representatives of companies incorporated in Ecuador are required to submit to the supervisory authority, by February of each year, a list of foreign companies or legal entities that appear as shareholders or...Read More
On December 15, 2023, the Ministry of Labor of Ecuador, through Ministerial Agreement No. MDT-2023-175, set the unified basic salary (SBU) for general workers for the year 2024 at US \$460.00 (four hundred sixty 00/100 United States dollars).
This provision has been in effect since January 1, 2024, and applies to general workers...Read More