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Quito, Ecuador – November 25, 2025 – BUSTAMANTE FABARA is pleased to announce that it has advised the shareholder-owners of TRECX S.A. (Pintulac) on the acquisition of a 70% majority interest in PHARMAVIDA S.A.S., a pharmaceutical distribution company in Ecuador, marking a significant strategic expansion for the Pintulac Group into the healthcare and pharmaceutical sectors. The…

Thursday, August 14, 2025 | Fifth Supplement No. 102 to the Official Register In Resolution NAC-DGERCGC25-00000020, issued on August 13, 2025, the Internal Revenue Service announces an exceptional extension for the filing of tax returns and annexes that were due on August 12, 2025. This decision is due to technological failures caused by high demand…

On January 10, 2023, the Organic Law to Promote the Violet Economy was enacted and published in Supplement to Official Register No. 234 on January 20, 2023. Article 18 of this Law establishes: “(…) Companies’ Equality Plans are a set of measures adopted after conducting a situational diagnosis, created with the aim of achieving fair…

Date: August 7, 2025 | Official Register, Fourth Supplement No. 98 | Resolution of the Internal Revenue Service (SRI) No. NAC-DGERCGC25-00000018 of August 6, 2025 Subject: Amendments Incorporating Provisions on the Obligation to Report to the Financial and Economic Analysis Unit (UAFE) The Internal Revenue Service (SRI) announces the incorporation of new regulatory provisions regarding…

In the practice of law, we face constant challenges that demand a balance bIn the 21st century, the absence of labor regulation in Ecuador regarding sexual services represents a severe legislative and legal omission that perpetuates discrimination and the lack of protection for a historically marginalized group. Unlike other labor sectors, sexual services in Ecuador…

In the practice of law, we face constant challenges that demand a balance between professional ethics, legal strategy, and commitment to our clients. Long working hours, case complexity, and the ever-evolving regulatory framework require tremendous dedication. In this context, Héctor García and Francesc Miralles’ book Ikigai has become essential reading for me – a daily…

RELEVANT ASPECTS  The Superintendence of Personal Data Protection (“SPDP”) has issued a statement regarding the use of biometric systems for employee attendance tracking. The SPDP has assessed whether this type of processing of sensitive personal data complies with the principles and lawful bases established under the Ecuadorian Data Privacy Act (“LOPDP”).  KEY FINDINGS OF THE…

Through the issuance of Ministerial Agreement No. 003, issued on January 10, 2025 and published in the Official Gazette No. 762 on March 14, 2025, the Ministry of Agriculture and Livestock issued the new Regulation on the Production and Primary Processing of Non-Psychoactive Cannabis and Industrial Hemp (hereinafter «Regulations»). Certain relevant aspects to consider are…