Tax
Latin America Guide 2025 : Ecuador
Band 1
Email address
[email protected]Contact number
+593 2 400 7800About
Provided by Pérez Bustamante & Ponce
The attorneys and financial experts in our Tax Unit provide comprehensive advice to local and multinational companies as well as individuals across the spectrum of tax law. With a multi-disciplinary approach, we offer effective solutions to prevent and mitigate tax risks.
We combine legal analysis with tax-financial analysis to help our clients with:
Investments
- Offer the best options for structuring investments in Ecuador and help our clients access available tax incentives.
- Guide our clients through the negotiation and execution of investment agreements, delegated management contracts (public-private partnerships) and similar contracts, ensuring access to the tax incentives on offer.
Transactions
- Offer tax advice on cross-border issues, mergers and acquisitions, project financing and transactions in the capital market.
- Transfer Pricing and International Taxation-Assess related-party and intra-group arrangements to verify compliance with transfer pricing regime.
- Advise on international taxation matters, application of doubletaxation agreements, CFC Rules, etc.
Representation in Administrative and Judicial Proceedings
- Prepare and defend our clients in administrative claims involving tax and customs authorities.
- File claims for refunds of taxes, tariffs, surcharges and contributions.
- Advocate for our clients in tax and customs lawsuits, including appeals for cassation and constitutional actions.
Chambers Review
Pérez Bustamante & Ponce's practice group is highly acclaimed for having a stellar team of tax specialists in Ecuador. It acts as counsel to leading clients on a wide range of tax mandates, including tax structuring for corporate transactions and tax planning. The practice group has a strong track record representing clients in contentious tax matters such as administrative litigation and judicial actions. Pérez Bustamante & Ponce also assists individuals with estate planning and wealth management.
Work Highlights
- Pérez Bustamante & Ponce represented Lundin Gold's subsidiary Aurelian in court and obtained a favourable ruling in which the Tax Court recognised the right of the client to ask for the VAT refund of USD18.6 million.
Strengths
Provided by Chambers
"The team at Pérez Bustamante & Ponce has a lot of experience, is very solid technically and provides practical solutions."
"Pérez Bustamante & Ponce are the most experienced firm in the country in relation to tax. It is a challenging area and very complicated, but they handle it well."
"The team at Pérez Bustamante & Ponce has a lot of experience, is very solid technically and provides practical solutions."
"Pérez Bustamante & Ponce are the most experienced firm in the country in relation to tax. It is a challenging area and very complicated, but they handle it well."
Notable Practitioners
Revered partner Juan Gabriel Reyes-Varea is the first port of call in the Ecuadorian tax market for complex matters involving tax planning and structuring. He also has a strong track record representing major international and national clients in administrative and judicial tax claims.
"Juan Gabriel Reyes-Varea is resourceful. There is no problem that scares him: he will sit down with us and find practical solutions. He always seeks to be cordial and to find a solution."
"Juan Gabriel Reyes-Varea shows his prestige in administration tax. He is very good in the technical part but he is also trustworthy."
Esteemed partner Carmen Simone possesses considerable experience handling day-to-day tax matters for significant clients operating in Ecuador.
"Carmen Simone is always available to attend to us, and we feel very at ease working with her. We don't do anything without her go-ahead."
Solid partner Juan Francisco Carrasco remains active handling judicial tax claims in Ecuador.
"Juan Francisco Carrasco is a great lawyer who has provided us with excellent tax assesment."
Ranked Lawyers at
Pérez Bustamante & Ponce
Ecuador
Members
Provided by Pérez Bustamante & Ponce