Autor: jholguin@bustamantefabara.com
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BUSTAMANTE FABARA Proudly Announces the Promotion of Andrés Becdach, Daniel Castelo, and Kirina González to Parnters
BUSTAMANTE FABARA Announces the Promotion of Valentina Morillo, Francisco Dávila, Gino Ivich, and Juan Bernardo Guarderas to Directors BUSTAMANTE FABARA is pleased to announce the promotion of Valentina Morillo, Francisco Dávila, Gino Ivich, and Juan Bernardo Guarderas to Directors. Their promotion recognizes their strong professional track records, their continued contribution to the Firm’s development, and…
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Tax Newsletter – April 2026 – Resolution No. SENAE-SENAE-2026-0031-RE: CUSTOMS SERVICE FEE FOR CUSTOMS CONTROL ON GOODS ENTERING FROM COLOMBIA
Ministerial Agreement No. MDT-2026-087: Determination of the Living Wage for 2025 and Regulation of the Procedure for the Payment of the Economic Compensation As a preliminary matter, the Organic Code of Production, Trade and Investment (COPCI) imposes on the Ministry of Labor the obligation to establish the value of the annual living wage. This wage…
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BUSTAMANTE FABARA Proudly Announces the Promotion of Andrés Becdach, Daniel Castelo, and Kirina González to Parnters
BUSTAMANTE FABARA Proudly Announces the Promotion of Andrés Becdach, Daniel Castelo, and Kirina González to Partners The Partners of BUSTAMANTE FABARA are proud to announce the promotion of Andrés Becdach, Daniel Castelo and Kirina González to Partners. This appointment recognizes not only their outstanding professional careers, but also their commitment, dedication and leadership, through which…
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New Ministerial Agreement Regulating the Authorization Procedure for Special Work Shifts or Schedules
New Ministerial Agreement Regulating the Authorization Procedure for Special Work Shifts or Schedules On February 27, 2026, the Ministry of Labor issued Ministerial Agreement No.MDT-2026-059, published in the Official Gazette, Fourth Supplement No. 240, on March 10, 2026. This agreement regulates the authorization procedure for special work shifts or schedules, as well as a new…
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BUSTAMANTE FABARA advises Alicorp as Ecuadorian counsel on the acquisition of Flora Food’s operations as part of a transaction spanning seven jurisdictions in Latin America
BUSTAMANTE FABARA advises Alicorp as Ecuadorian counsel on the acquisition of Flora Food’s operations as part of a transaction spanning seven jurisdictions in Latin America Quito, Ecuador – March 10, 2026 – BUSTAMANTE FABARA, a leading law firm recognized for its strength in mergers and acquisitions and its extensive experience in complex cross-border transactions, is…
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Submission of Information on Foreign Shareholders or Partners of Companies Subject to the Control of the Companies Law
Dear Clients and Friends: We hereby inform you that the Legal Representatives of companies subject to the supervision of the Superintendence of Companies, Securities and Insurance must submit the following documentation relating to their foreign corporate partners or shareholders between January 1 and February 5, 2026. Otherwise, the Administrator will be required to report such…
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Ordinance Regulating the Annual License for the Operations of Establishments in the Canton of Guayaquil
On December 17, 2025, the Very Illustrious Municipal Council of Guayaquil enacted the ORDINANCE REGULATING THE ANNUAL OPERATING LICENSE FOR ESTABLISHMENTS IN THE CANTON OF GUAYAQUIL (hereinafter, the “Ordinance”), which governs the registration, authorization, and control of establishments where economic activities are carried out by natural or legal persons within the canton of Guayaquil. Below…
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Is There Really a Constitutional Prohibition on International Arbitration in Ecuador?
Since the entry into force of the 2008 Constitution (“CRE”), Article 422 has become one of the most debated provisions of Ecuador’s constitutional text. For more than a decade, its application has been marked by divergent interpretations, contradictory judicial decisions, and a political burden that has ultimately blurred its true legal scope. The underlying question…
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Resolution No. 017-2025 – Amendment to COMEXI Resolution No. 376-2007
On December 3, 2025, the Plenary of the Foreign Trade Committee issued Resolution No. 017-2025 (the “Resolution”), which amends Article 4 of COMEXI Resolution No. 376-2007 with respect to the use of Sanitary Registrations and Sanitary Notifications as prior control documents in importation processes. Below is a summary of the most relevant aspects for importers…
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Regulations for the Registration, Commercialization, and Control of Veterinary Products
On September 30, 2025, the Andean Community (CAN) Commission published Decision 960, a regulation that establishes harmonized requirements for the registration, control, commercialization, importation, manufacturing, and use of veterinary products in the Member Countries. Its main objective is to facilitate intra-community trade while reducing risks to animal health, public health, and the environment. Below is…