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Ecuador Income Tax

Here is a tip about Ecuador income tax.


The SRI (Ecuador’s equivalent to the US IRS) shuts down businesses and posts signs like this when  taxes are not paid.  They are serious about collecting tax from Ecuador companies so be sure to know the regulations if you are going to do business or earn income from a business in Ecuador.

An Ecuador Living Club subscriber asked this question about taxation in Ecuador.

Hi Gary, Do you know if Ecuador taxes foreign earned income for resident expats? I have an Investor Visa, live in Ecuador, and consult online with companies in the US… was thinking of creating a corporation in Ecuador and billing via the corporation.

My reply: That Ecuador corporation could create a tax liability for you.

The last time we discussed this matter with an Ecuador tax attorney, our understanding is that as a general rule…. assuming you are not paid an income from an Ecuador company or through an Ecuador bank account, income earned out of Ecuador is not subject to Ecuador tax or if so the administration of the process is not carried out.

Please read our advice about Living in one country, Banking in a second and Using a corp in a third etc.  Please read about using overseas companies here.

In other words, there is no process to collect Ecuador income tax if you are not on a payroll in Ecuador.

Forming and maintaining Ecuadorian corporations is expensive, time consuming and quite complex so only those who have a real need for an Ecuador corporation would want to form one.

If you are a US citizen you may still have a US tax obligation…. or at least you have an income tax filing obligation even if you do not owe US tax.

Like all tax legislation there is always the possibility of complications and changes in regulations or enforcement procedures, so I recommend you discuss your specifics with an Ecuador tax attorney.

The Ecuador Living Club has a list of Ecuador attorneys who have helped subscribers to our Ecuador Living Club.

See how to get an Ecuador Living Club password here.


2013-2014 Super Thinking + Spanish – Writing to Sell – Business & Investing Course Schedule

Schedule 2013-2014  Super Thinking + Spanish  – Writing to Sell – Investing & Business Courses.

Here are photos I took of Mt. Dora…

mt-dora-images tags:


mt-dora-images tags:

its annual arts festival. 


June 21-22-23  Super Thinking + Spanish  St. Charles, MO  Single $699  /  Couple $899 (Teacher Mark Frakes)

July 5-6-7  Super Thinking + Spanish  Sarasota, Florida  Single $699  /  Couple $899  (Teacher Mark Frakes)

July 12-13-14 Super Thinking + Spanish Kelowna, BC, Canada  Single $699  /  Couple $899 (Teachers Shawn & Suzanne Bandick)

August 16-17-18  Super Thinking + Spanish  St. Charles, MO  Single $699  /  Couple $899 (Teacher Mark Frakes)

August 31-September 1-2  Super Thinking Writer’s Camp  West Jefferson, NC  (Gary & Merri Scott)

September 27-28-29  Super Thinking + Spanish  St. Charles, MO  Single $699  /  Couple $899 (Teacher Mark Frakes)

October 4-5-6  Super Thinking International Investing & Business Seminar  West Jefferson, NC  

Enroll here $799.   Couple $999 (Gary & Merri Scott)

November 15-16-17   Super Thinking + Writer’s Camp  Mt. Dora, Florida  (Gary & Merri Scott) 

November 21-22-23  Super Thinking +Spanish  Puerto Aventuras, Mexico Single $699/Couple $899 (Teachers Suzanne & Shawn Bandick)


January 10-11-12   Super Thinking + Spanish  Mt. Dora, Florida  (Gary & Merri Scott)

February 14-15-16  Super Thinking International Investing & Business Seminar  Mt. Dora, Florida  

Enroll here $799.   Couple $999  (Gary & Merri Scott)

For information more contact Cheri Hall at cheri@garyascott.com

Attend all seminars and courses and more FREE or at a discount as an International club member.  See details here.