LATAM: Foreign Investors Survey 2017 ttitude Consulting
ECUADOR
Greater Attractions
Investment opportunities due to lack of government revenue: Public-Private Partnerships where investors put venture capital in exchange for running large infrastructure projects.
Political Risks?
Yes. Always will be. Elections in early 2017: complex political scenario.
Adequate Labor Laws?
Yes. Despite the protective labor laws there are clear rules for investment.
Adequate Transparency and Corruption Framework?
Yes. Recent legal reform which adopted a comprehensive Code of Criminal Procedure, which brings a complete regulation on compliance and anti-corruption.
Suitable Fiscal Framework for Foreign Investment?
Yes but it is excessively burdensome to foreign investment. More than 15 recent tax reforms have created taxes affecting foreign firms that are doing business in Ecuador.
Proper Framework for Promotion and Mutual Investment Protection?
Yes. Several standards encourage foreign investment and provide guarantees and tax stability.
Advantages of Your country over Others in the Zone
Large infrastructure projects, oil fields, mining. Ecuador has and recognizes international arbitration for foreign investment.
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Positive Medium Risk Negative