By Executive Decree 78 of June 15, 2021, the President of the Republic implemented the boards of directors of the Port Authorities of Guayaquil, Manta, Puerto Bolivar and Esmeraldas.
The Resolution No. SCPM-DS-2021-19 issued by the Superintendency of Market Power Control (“SCPM”).
Regulation ARCSA-DE-010-2021-LDSS issued on May 19, 2021, amended Regulation ARCSA-DE-030-2020-MAFG, amended Regulation ARCSA-DE-030-2020-MAFG,
Regulation NAC-DGERCGC21-00000026 issued by the Tax Authority and published in the Third Supplement to Official Gazette 461 of May 28, 2021, establishes special rules for income tax and value added tax (VAT) withholdings.
The Organic Law of Communication (“LOC”) determines, in article 98, the rules of nationality for the production of advertisement to be disseminated through social communication media (“Rules of Nationality of Production”) which establish that advertisements transmitted through the social communication media.
The President Guillermo Lasso Mendoza issued on May 24, 2021 Executive Decree No. 4 regarding the Standards of Governmental Ethical Behavior.
The President approved the new Data Protection Law, without any observation.
By Ministerial Agreement No. 0000080 dated May 10, 2021 the Ministry of Foreign Affairs & Human Mobility establishes the visa requirement prior entering the country for nationals of the following countries.
Regulation NAC-DGERCGC21-00000024 issued by the General Director of the Internal Revenue Service and published in the Fourth Supplement of the Official Registry 446 of May 6, 2021, established new deadlines for filing the Dividend Annex for the fiscal year 2020.
Due to the state of emergency declared by the President of the Republic, through Executive Decree 1291 of April 21, 2021, the Internal Revenue Service through regulation NAC-DGERCGC21-00000021 published in...
The following is a summary of the main obligations of the parties obliged to report to the Financial and Economic Analysis Unit (UAFE) according to article 5 of the Organic Law for the Prevention, Detection and Eradication of Money Laundering and Financing of Crimes, published in the Second Supplement to the Official Registry 411 of March 16, 2021.
On March 18th, the Labor Ministry -by Ministerial Agreement MDT-2021-087- set the living wage for 2020 on US$447,41 monthly and stablished the payment procedure.