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3E Accounting Services to Incorporate Company in Ecuador
How to Incorporate Company in Ecuador through 3E Accounting services
Ecuador is located in South America and has a stable economy. Ecuador has got excellent routes which allow the investors to trade. The workforce is skilled, and hence you can be sure about doing business here. Despite many benefits of starting a company here, setting up a business here can be a tough job. Hence, we offer professional consultancy to the clients who can help you to incorporate company in Ecuador.
We at 3E Accounting help you with all the procedural steps involved in incorporation of a company in Ecuador. We help you with document preparation, marketing, accountancy and taxation as we have got many years of experience in this field.
Why Should You Incorporate Company in Ecuador?
There are many reasons which will attract you to incorporate a company in Ecuador:
- The companies that are set up here can be wholly foreign-owned.
- You need to appoint one company director and three shareholders of any nationality
- Small capital investment is required according to Ecuador’s law of USD 400.
- If you establish a company in Special Economic Development Zones, then the government offers numeral benefits such as exemption from corporate tax along with a waiver of tariffs on the imported items
- Skilled and talented labor
- Excellent infrastructure facility
- The sea routes along with the geographical location allow easy trading.
Different Business Entities in Ecuador
There are many types of business entities in Ecuador which are as follows:
- Limited Liability Company: You need to have a company director along with three shareholders who can belong to any nationality. The capital investment required to set up a limited liability company is USD 400.
- The Ecuador Corporation: This type of company is set up when the investors want the public to invest.
- Branch Office: A foreign company does this business set up. The international company must invest USD 2,000 to set up a branch office here. It is mandatory to appoint a legal representative who belongs to Ecuador.
Choosing the right business entity structure is very important to gain maximum business benefits. Our team at 3E Accounting will understand your business goals, business activities and other requirements so that they can assist you in selecting the right business structure in Ecuador. Please keep in mind that setting up a wrong business entity can incur huge losses to the firm.
We Understand Your Needs
3E Accounting understands your challenges to set up a new company in a new country. Hence, we offer professional services to the investors so that they can easily set up a business here. We have many years of experience, and thus we can incorporate company in Ecuador without making you travel. You can get in touch with us through email or call. Our team will get back to you shortly and solve all your queries.