Pursuant to the provisions of the Constitution of the Republic, foreign investors enjoy the same rights and treatment as national investors.
Direct foreign investments can be made in any sector of the economy without prior authorisation from any state entity, under the same conditions in which those investments can be made by Ecuadorian natural persons and corporations.
The owners of direct foreign , sub regional and quasinvestments have the right to transfer, in freely convertible foreign currency, the net profits originating from their registered investment.
Foreign corporations will have access to all export promotion schemes encouragement mechanisms under the same conditions provided for national or joint ventures by foreign and national companies.
Goods produced by national or foreign companies that comply with special standards or specific requirements of origin, will enjoy all the advantages of the Free Trade Area of the Cartagena Agreement. Income originating from a local source earned by any domestic or foreign company is subject to a 25% income tax. The repatriation of profits that have previously paid the applicable 25% income tax is not subject to additional duties.
