Taxonomy: Implementing Jurisdiction - Ecuador
Ecuador: Tax incentives for foreign investors
Description
On 29 December 2010, Ecuador adopted its new foreign investment law (Código Orgánico de la Producción, Comercio e Inversiones No. 351) introducing income tax reductions for foreign investors, among others.Ecuador: Initiation of safeguard investigation concerning imports of safety glass
Description
On April 19, 2010 Ecuador initiates a safeguard investigation concerning imported goods classified under HS 7007.Ecuador: Introduction of import licensing requirements
Description
Effective 26 August 2011, the government of Ecuador has introduced import licensing requirements for 44 designated products (HS code 8-digit level).Ecuador: Nationalization of oil fields operated by Petrobras
Description
On 23 November 2010, the President of Ecuador announced that Petroleo Brasileiro SA (Petrobras) would leave the country.Ecuador: Elimination of import tariff on fish waste
Description
On 4 May 2010, the government of Ecuador abolished the import tariff on fish waste. Prior to the change, imports of fish waste had been subjected to a duty of 5 percent.Ecuador: Mixed duty on textile products
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On 4 March 2010, the government of Ecuador changed its tariff regime with respect to textile products.Ecuador: Temporary elimination of import tariffs on electricity meters
Description
On 11 January 2010, the government of Ecuador temporarily suspended import tariff on electricity meters. For a period of 12 months, the traditional tariff of 15 percent will not be collected for two tariff lines (HS code 10-digit level).Ecuador: Import tariff reduction for hybrid cars
Description
On 20 May 2010, the government of Ecuador reduced import tariffs on hybrid cars. The new regime differenciates imported cars along their cubic capacity.Ecuador: Temporary import duty suspension on mineral product machinery
Description
On 17 September 2009, the government of Ecuador suspended import duty collection for machinery used in the shaping or moulding of mineral products.Ecuador: Temporary elimination of import tariffs on sugar industry machinery
Description
On 9 December 2008, the government of Ecuador temporarily eliminated import tariffs on machinery used in the sugar industry. While the suspension was initially drated to last for 6 months, it has subsequently been prolongued twice.
