AMENDMENTS TO THE ADMINISTRATIVE APPROVAL PROCESS

The Ministerial Agreement MDT-2025-043; hereinafter the “Agreement”, was published on March 19, 2025, by means of the fourth supplement to Official Registry No. 1; and amends the regulations governing the administrative approval process. We highlight the following:

  • It establishes that the appointment of the sponsoring attorney must be made by means of a power of attorney or by appointing them in the process, which was not clearly established in the previous regulations.
  • Determines that the request for approval must be accompanied by the requirements contained in article 143 of the COGEP in its paragraphs 1,2,3,5 and 7, as follows:
  1. Power of Attorney, if necessary.
  2. Proof of legal representation.
  3. Tax identification of the company.
  4. Necessary evidence.
  5. Necessary evidence.
  • It details in a better way the phases of the investigation hearing; the first one composed of remediation, evacuation of previous exceptions, fixing points of debate and conciliation and the second one composed of the practice of evidence and allegations.
  • Extends from 10 days to 1 month the time for the substantiation of the appeal filed against the inspector’s resolution.
  • Any of the parties may request a hearing while the appeal is being heard.

 

 

Edmundo Ramos, Partner at CorralRosales
eramos@corralrosales.com
+593 2 2544144

 

María Victoria Beltrán, Senior Associate at CorralRosales
mbeltran@corralrosales.com
+593 2 2544144

 

© CORRALROSALES 2025
NOTA: The above text has been prepared for informational purposes. CorralRosales is not liable for any loss or damage incurred as a result of acting or failing to act on the basis of the information contained in this document. Any additional determined situation requires the specific opinion and concept of the firm.

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