Accountancy in Ecuador

>> Withholding Taxes in Ecuador

Dividends

Dividends distributed to natural persons resident in the country and companies domiciled in tax havens or lower taxation of distributed profits cause additional tax regimes, according to a table ranging from 1% to 13% extra.

Interest 25% – Foreign Loan should be registered at the Central Bank.

Royalties 25 % to 35% – There are taxation agreements with some countries in order to avoid double taxation: Argentina (only air transport rents), Andean Community (Bolivia Colombia and Peru), Belarus, Belgium, Brazil, Canada, Chile, China, France, Germany, Italy, Korea, Mexico Romania, Spain, Singapore, Switzerland and Uruguay.

Rental Property, 8% corporations and individuals.

Technical assistance 25% with tax havens.

Tax to outdoor payments (ISD in Spanish) 5% – All payments or wire transfers to out of Ecuador.


Latest version updated 11th April 2019

Country Breakdown

16.6

Million

Population

$

United States Dollar

Currency

$ 103.06

Billion

GDP

283,560

km2