Autor: jholguin@bustamantefabara.com
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Rules for the Cancellation of Sales Invoices, Withholding Tax Documents, and Complementary Documents Issued in Electronic Format
Date: June 30, 2025 | Official Register Third Supplement No. 70; SRI Resolution No. NAC-DGERCGC25-00000014, dated June 27, 2025. Subject: Cancellation of sales receipts, withholding vouchers, and supplementary documents issued in electronic format. This Resolution will enter into force as of August 1, 2025, in accordance with its Final Provision. If you require additional information,…
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BUSTAMANTE FABARA advises Industrial Danec S.A. on strategic acquisition of majority stake in La Industria Harinera S.A.
Quito, Ecuador – July 3, 2025 – BUSTAMANTE FABARA, a premier law firm renowned for its leadership in mergers and acquisitions and its deep experience in complex cross-border transactions, is proud to announce its role as counsel to Industrial Danec S.A. in the acquisition of a majority stake in La Industria Harinera S.A. (“LIHSA”), a…
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Well-Known Trademarks in Ecuador and the Andean Community: Regional Protection with Commercial Recognition
In today’s competitive environment, protecting intangible assets—such as trademarks—is essential for securing the positioning and reputation of products or services. Among the most prominent legal concepts in this area is the well-known trademark, a distinctive sign that, due to its high commercial recognition within the relevant economic sector, enjoys a special protection regime in Ecuador…
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Agenda of the Daily Stoic Journal and Its Contribution to My Career as a Lawyer, Woman, and Mother
«Obstacles are part of life. Even the most powerful and fortunate cannot escape this reality.» Practicing law entails constant exposure to conflict, the search for solutions, meticulous attention to detail, the pressure of deadlines, and a profound responsibility to clients who place their trust in our judgment. While there may be cases that evoke different…
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New Organic Reform Law to Various Legal Bodies to Guarantee the Labor Rights of Persons with Disabilities, Rare Diseases, Orphans, Catastrophic and High Complexity Conditions, and Their Substitutes
On June 20, 2025, the «Organic Reform Law to Various Legal Bodies to Guarantee the Labor Rights of Persons with Disabilities, Rare Diseases, Orphans, Catastrophic and High Complexity Conditions, and Their Substitutes» was published in the Fifth Supplement No. 64 of the Official Register. This legal reform incorporates significant labor guarantees for these groups, introducing…
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Implementation of the Supervision and Control Fee by the Mining Regulation and Control Agency (ARCOM)
In Official Gazette No. 64 dated June 20, 2025, Resolution No. ARCOM-003/25, issued by the Mining Regulation and Control Agency (hereinafter, “ARCOM”), was published. Through this resolution, ARCOM established the Supervision and Control Fee. The implementation of this fee aims to strengthen technical supervision and control activities, enhance operational and logistical management, and support the…
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Exclusion of the Principality of Andorra from the List of Jurisdictions Considered Tax Havens
Date: June 17, 2025 | Supplement: Fourth Supplement of the Official Registry No. 61 By Resolution No. NAC-DGECCGC25-00000013, issued on June 16, 2025, which amends Resolution No. NAC-DGERCGC15-00000052, establishing the list of tax havens and the applicable rules for the qualification of low-tax jurisdictions and preferential tax regimes, the Director General of the Internal Revenue…
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BUSTAMANTE FABARA advises Millicom on the USD 380 million acquisition of Telefónica Ecuador
Quito, Ecuador – June 23, 2025 – BUSTAMANTE FABARA, a leading law firm recognized for its expertise in mergers and acquisitions and complex cross-border transactions, acted as Ecuadorian legal counsel to Millicom (leading provider of fixed and mobile telecommunications services under brand name Tigo) in the acquisition of Telefónica’s operations in Ecuador, a transaction valued…
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Amendments to the General Regulations of the Organic Law on the Public Electricity Service
In Official Register No. 62, Eighth Supplement, dated June 18, 2025, Executive Decree No. 32 of the 15th of the same month—issued by the President of the Republic—was published, enacting amendments to the General Regulations of the Organic Law on the Public Electricity Service and to the Natural Gas Operations Regulation (hereinafter, the “Regulation”). The…
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Amendments to the Natural Gas Operations Regulation
In Official Register No. 62, Eighth Supplement, dated June 18, 2025, Executive Decree No. 32 of the 15th of the same month—issued by the President of the Republic—was published, enacting amendments to the General Regulations of the Organic Law on the Public Electricity Service and to the Natural Gas Operations Regulation (hereinafter, the “Regulation”). The…