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Brian S asked in TravelLatin AmericaEcuador · 1 decade ago

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.

2 Answers

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  • Anonymous
    1 decade ago
    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....

    Source(s): I have a business in Guayaquil and Quevedo
  • Tom
    Lv 4
    1 decade ago

    Nope

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