80 results found

In an action filed by Andina Licores S.A. (“Andina”), an Ecuadorian corporation, against E & J. Gallo Winery (“Gallo”), one of the largest wineries from California, the Second Civil Court of Guayaquil found that it lacked jurisdiction to hear the dispute because both parties had agreed in their distribution contract that their controversies must be heard by a California court and in accordance to California law.

Una práctica común en la defraudación fiscal es la venta de facturas. Mediante la compra de estos documentos, compañías y personas naturales buscan engañar a la Administración Fiscal al presenter...

La principal ventaja de la Sociedad por Acciones Simplificada (S.A.S.) es su flexibilidad para adaptarse a las particularidades de cada negocio.

La Ley Orgánica para el Desarrollo, Regulación y Control de los Servicios Financieros Tecnológicos, también conocida como Ley Fintech (la Ley) entró en vigencia mediante su publicación...

In the supplement to the Official Gazette No. 269 of March 15, 2023, the amendments to the Law on Companies for the Optimization and Promotion of Business and for the Promotion...

Si piensa comenzar un negocio en Ecuador, aquí podrá leer todo lo que necesita saber para superar los primeros 90 días.

As a consequence, the company was left outside the scope of such agreements.

Why can having a secondment lawyer be advantageous for a company? The needs in the field of business have changed over time; having quality legal advice at the right time has become essential.

Ecuador has shown the world that it is open for investment by introducing a new legal entity, the Simplified Shares Company, or SAS (Sociedad de Acciones Simplificadas).

Blessed with natural resources Ecuador has booming mineral, energy, and agriculture industries. Positioned as a strategic gateway to the Pacific and Andean regions, it grants unparalleled access to...

¿Por qué contar con un abogado en secondment puede ser ventajoso para una empresa? Las necesidades en el ámbito de los negocios han ido cambiando a través ...

El 20 de abril de 2020 la Superintendencia de Control del Poder de Mercado emitió el procedimiento abreviado de análisis y control, aplicable a ciertas concentraciones económicas.

Crear o constituir empresas exitosas, a más de una constante preparación y capacitación para generar rendimientos, implica una planificación económica ...

In an attempt to ensure transparency and create a climate of legal certainty and security, the Ecuadorian Congress passed the Law on Transparency and Access to Public Information on May 18 2004. The new law strengthens principles of transparency and information which, although added to the Constitution in 1998, have largely not been implemented in practice, even in cases before Ecuador's Constitutional Court.

This article is about positive incentives to NOT pay bribes and to NOT submit to extortion; it is about finding a purpose; and it is about finding answers hidden in plain sight.

It may seem strange for a company to be its own shareholder, i.e., to hold a certain number of shares issued by the company itself, commonly known as treasury shares or treasury stock.

Looking to set up a company in Ecuador? Sometimes it can be hard to find quality information. Most of the time, the information is incomplete or incomprehensible, and it most certainly will be in Spanish.