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