Anyone familiar with starting business in Ecuador?

Anyone familiar with Ecuador's regulations and taxes or government when it comes to outsiders starting business on there soil. I'd hate to start a business and have them take it out from under me because I didn't scratch the right back.
Business is exploration and mining.

Anonymous2009-04-15T15:55:50Z

Favorite Answer

That's exactly whats going to happen, they will confiscate your business just like if you tried to start a business in USA and didn't have the right papers , immigrant status , licenses and ownership of the land etc....With that being said you can still do it if you have all the right papers , talk to a lawyer they will set you staight....

Tom2009-04-15T12:51:00Z

Nope