"A great number of laws does not make a nation better. On
the contrary, the proliferation of laws is a symptom of disorder
and underdevelopment. There is a good need for a legislative
moratorium so that the National Assembly can fix the legal chaos by
codifying the fundamental laws for social coexistence, among which,
without a doubt, are the tax laws".
That's how our partner Francisco Rosales begins his article
for Gestión Magazine. He offers his opinion on the lack of a
legal framework in Ecuador to provide confidence to the investor.
From his point of view, "A fundamental element for the
development of a country is its legal framework; it must be clear,
orderly, stable and consistent. And, along with it, an enlightened,
timely, autonomous and trustworthy administration of justice".
Unfortunately, Ecuador does not have it.