By Ministerial Agreement, The Ministry of Environment, Water and Ecological Transition, issued the Instructive for the Applications of the Extended Responsibility in the Integral Residues Management of electric and Electronic Appliances of Domestic Origin.
Regulation NAC-DGERCGC21-00000026 issued by the Tax Authority on 2021, established a special regime for income tax and value added tax (VAT) withholdings applicable to payment aggregators and online markets.
By Resolution No. SCVS-INC-DNCDN-2022-0008 dated June 21, 2022, published in the Supplement to the Official Gazette No. 99 of July 6, 2022, the Superintendent of Companies, Securities, and Insurance issued the “Regulation on the requirements that...
The Superintendence of Companies, Securities and Insurance issued the Regulation on general shareholders’ meetings of limited liability companies, corporations, limited joint stock corporations, mixed economy corporations and simplified stock corporations...
Through Regulation NAC-DGERCGC22-00000033 issued by the General Director of the Internal Revenue Service, the deadlines for complying with the tax obligations related to VAT, excise tax (ICE) and income tax were extended to those taxpayers with domicile in the provinces of Chimborazo, Tungurahua, Cotopaxi, Pichincha, Pastaza, Azuay, Imbabura, Sucumbíos and Orellana.
Through Executive Decree No. 451, issued on June 9, 2022, the Regulations to the Public Procurement Law were amended. The amendment covers the provisions applicable to the acquisition of medicines and strategic health goods for outpatient care ("Products") by the Public Health Network ("PHN") to private pharmacies qualified by the national health authority ("Pharmacies").
As of fiscal year 2022, any taxes paid abroad by individuals or corporations with tax residence in Ecuador over income obtained abroad may be used as a tax credit for the payment of income tax incurred in Ecuador. Previously this income was considered exempt.
By Resolution No. SCVS-INPAI-2022-00004075 dated May 27, 2022, the Superintendent of Companies, Securities, and Insurance resolved to extend the deadline for filing financial statements.
Regulation NAC-DGERCGC22-00000020 issued on May 11, 2022, by the Internal Revenue Service establishes the procedure for VAT refunds for: (i) direct suppliers of exporters of goods (Direct Suppliers), and (ii) direct suppliers of companies that are...
By Regulation NAC-DGERCGC22-00000019 issued on May 6, 2022, the Internal Revenue Service extended the deadlines for filing...
Through Resolution No. STFP-04-714-2022, published on May 3, 2022, the Board of Medicines Prices Regulatory Authority provided...
By Decision No. SCVS-INPAI-2022-00003228 dated on April 22, 2022, the Superintendent of Companies, Securities and Insurance resolved to extend the deadline for the submission of financial statements and corresponding reports for fiscal year 2021 to May 31, 2022.