Autor: jholguin@bustamantefabara.com

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…

Public Selection Process for the Combined Cycle Block I-400 MW On March 9, 2026, the Ecuadorian Ministry of Environment and Energy (“MAE”) introduced the Public Selection Process (bidding process) (“PPS”) for the Combined Cycle Block I-400 MW. The resulting concessionaire will be the company (or the joint venture) that, upon having approved the legal and…

Newsletter Tax – February 2026 Resolution Nro. NACDGERCGC26-00000009 The SRI Updates Income Tax Withholding Rates at Source Publication Date: February 27, 2026 This Resolution shall enter into force upon its publication in the Official Gazette and shall be applicable as of March 1, 2026. The Internal Revenue Service (Servicio de Rentas Internas – SRI) issued…

Organic Law for the Strengthening of the Strategic Sectors of Mining and Energy On March 2, 2026, the “Organic Law for the Strengthening of the Strategic Mining and Energy Sectors” (hereinafter, the “Law”) was published in the Official Gazette. The Law introduces amendments to the Mining Law and to the Organic Law of the Public…

Holding of the Ordinary General Meeting of Shareholders or Partners Dear Clients and Friends: We would like to remind you of the following corporate obligations applicable to Ecuadorian companies subject to the supervision of the Superintendence of Companies, Securities and Insurance (hereinafter, the “SCVS”): 1. Holding of the Ordinary General Meeting by March 31 of…

Draft Organic Law to Strengthen the Strategic Mining and Energy Sectors On January 27, 2026, President Daniel Noboa Azín submitted to the National Assembly the draft “Organic Law to Strengthen the Strategic Mining and Energy Sectors,” classified as urgent in economic matters. This means that the Assembly must process and rule on the bill within…

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…

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…

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…