On July 29, 2024, the Ministry of Labor issued the Ministerial Agreement No. MDT-2024-099, which extends the deadline for the registration of "Equality Plans" until July 31, 2025.
Through Official Letter DADM-MP-01, the Ministry of Home Affairs issued the “Donation Process Manual”, which regulates the process to donate equipment and supplies to the National Police and access the 150% additional deduction for the calculation of income tax.
Through Executive Decree 333 of July 12, 2024, published in the Third Supplement of the Official Registry 600 on July 15, 2024, the Public Procurement Law Regulations were amended.
Since 2021, Ecuador has enacted the Inclusive Circular Economy Law. This legislation establishes mechanisms for transitioning from a linear economy to an inclusive circular economy. It recognizes waste as a potential economic resource and aims to economically integrate waste pickers.
The Executive Decree 313 issued June 27, 2024, by the President of the Republic of Ecuador regulates the Unique Income Tax for Sports Betting Operators.
Resolution NAC-DGERCGC24-00000022 issued by the Internal Revenue Service (SRI) on June 6, 2024, and published in the Official Gazette 575 on June 10, 2024, regulates the penalties applicable for failure to deliver and transmit sales receipts.
Regulation NAC-DGERCGC24-00000019 issued on May 28, 2024, the Internal Revenue Service (SRI) established the procedure for requesting the refund of VAT paid in real estate projects.
By Presidential Decree No. 256 dated on May 8, 2024, the Agency for Regulation and Control of Energy and Non-Renewable Natural Resources (“ARCERNNR”) was ordered to be split into three new agencies: Mining Regulation and Control Agency (“ARCOM”), Electricity Regulation and Control Agency (“ARCONEL”) and Hydrocarbons Regulation and Control Agency (“ARCH”).
The Customs Authority (SENAE) issued Bulletin 71-2024 on April 12, informing foreign trade operators of the codes to be applied in the import of the following goods to avoid the payment of VAT and Excise Tax: Unmanned aerial vehicle (Drone), animals for human consumption and electric vehicles.
By Resolution No. 036 of February 28, 2024, published in Official Registry 521 on March 19, 2024, the Attorney General of the State issued the new Regulations to the Mediation Center of the Attorney General's Office.
On April 17, 2024, Executive Decree No. 226 was issued, which establishes, among others, the suspension of the working day on April 18 and 19, 2024.
On March 21, 2024, the Ministry of Labor issued Ministerial Agreement No. MDT-2024-041, published in Official Registry No. 526 of March 26, 2024, which regulates the administrative visto bueno process.