Category: Ecuador for Investors

There are two basic ways to start a business in Ecuador. You can do either without being a legal resident in the country.

First, you could start the Ecuadorian version of a corporation, called a “Sociedad Anonima”. In order to get started, you need to go to the governmental office called the “Superentendencia de Companias” where you will fill in the necessary paperwork and pay $800 which then turns into $800 stock in your new company. You can put the stock under whichever names you desire.

After that step you will need to get your “RUC” which is your business tax ID number in Ecuador. You get this from the government office called the SRI.

Then, in one of the many small stores outside the SRI, you can get “facturas” or official business receipts for your billing made for your business and from then on you will be liable for taxes in Ecuador.

The other way to form a business in Ecuador, and the way most prefer, is to simply work under your name as a sole proprietor.

In order to do this, just go to the SRI and get your “RUC” or tax ID number, get some business receipts made in the offices on either side and you can legally bill and receive payments in Ecuador (without needing to be a resident ).

I bet it is easier than you thought to start a business in Ecuador!

If you liked this you’d love my my weekly Ecuador Insider’s newsletter where I reveal everything a savvy investor must know before they invest in Ecuador, sign up below (you can unsubscribe at any time):

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It’s just not safe anymore to stash your wealth in the highly volatile Dollar, Euro or other currencies… Thankfully, there are other ways to protect and grow our wealth, like by buying inexpensive vacant land in Ecuador…

Land will only become more and more scarse as the world population grows… But there are risks, and this week on the Ecuador Insider’s Weekly Newsletter we’ll cover how to avoid one of the biggest…

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I’ve found that most Americans when looking for a second residence…not a property bought strictly for investment purposes… are mostly looking for the same thing… Be near or on the water, be safe, with good internet and basic services available, and have things to do nearby like shops, restaurants and a local “scene” to integrate with.

Well, there’s really only one place on the coast of Ecuador that can offer that type of environment well as of now… This week on my weekly Ecuador Insider’s newsletter I’ll reveal where, sign up below (you can unsubscribe at any time):

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Ecuador is still kind of an off the beaten path destination, you won’t find communities of 20,000 other Americans here like you can in Mexico… yet.

But it is relatively easy to meet other Expats, I’d start online, at the active Ecuador Expat Yahoo Group. There you can post questions, converse and meet others on the ground.

I’ve found it much easier to make new friends while living abroad than in my home country (USA)! It’s that a lot of people are new like you and also searching for new buds. (And birds of a feather do tend to flock together.)

And for more Ecuador insider info like this and to be informed of future properties in Ecuador for sale, as soon as they’re on the market, sign up for our weekly newsletter below (you can unsubscribe at any time)…

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The starving artist is a common sight in Ecuador.

There are many good ones, and few buyers who are willing to pay much for their art. Here is a guide about how to decorate a room on a budget.

This makes Ecuador a true paradise for the art buyer or the person looking to decorate a home. Check this out to know more about art. Get a great rush of decorating enthusiasm to create a home decor that stretches your imagination. Make style a big impact and production when decorating on a powerful emotional wave. Take your decorative style on a journey of elegance to refine, shift forward and set up beautiful interior spaces. Trust your decorative mcgannbrothers to design living spaces that go a higher level in creativity and power. Use mega-size motivation to improve your decorating style as a knockout or notch of luxury. You can visit to https://www.malerstaubo.dk for painting your house and make looks of home more stylish. Does your home need a major style revival? Find decorative stamina in coordinated finishes, stylish accessories that modernize and dramatic treatments to overhaul a sagging interior scheme.

There are galley-k offering local art at a premium, but if you are looking to find the same quality local art at less than half the price, go off the beaten path…

On Sundays, go the catholic store on the outskirts of the nearest large town you find yourself in. For example, a great place to go and look at art, and buy it, in Quito on Sundays is the Park “Ejido” in the center of Quito.

In these local markets on Sundays you can find incredible Latin-American style paintings, sculptures and handicrafts as well as beautiful, Andean wool clothes.

In Ecuador, there is no excuse to have a bare wall in your house.

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And for more Ecuador insider info like this and to be informed of future properties in Ecuador for sale, as soon as they’re on the market, sign up for our weekly newsletter below (you can unsubscribe at any time)…

 

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