While most expats who move to Ecuador simply desire a stress-free life or restful retirement, some feel the urge for creating commercial products or services in their new “home away from home.” If you are one of those energetic types not ready for retirement, the following information is for you. To legally do business in Ecuador, including one involved in importing and exporting products, there are several steps you need to take. First, you must obtain an Ecuadorian tax ID number, or RUC, issued by the Ecuadorian Internal Revenue Service (SRI). Then, you must register with the Servicio Nacional de…
Want to read the whole story?
Subscribe to The Cuenca Dispatch and gain full access to this story, weekly issues, plus the entire running archive! With your subscription, you will gain access to all the news you'll need concerning Ecuador as a United States expat.
Get access to our most read articles
- Cuenca expat scene is ‘changing before our eyes’
- Los Perniles
- Immerse yourself in Cuenca’s bountiful markets
- Global warming? Most of the hot air is generated by politicians
- Ecuadorian named to Time magazine’s 100 most influential people list
- What should you bring to Cuenca?
- Searching for origin of the word ‘Gringo’
- Artesana Bakery: a love story
- Cuenca will have a new Ludic Botanical Garden
- Catholic church opens its doors to the LGBTI community