Draft Public Works Investment Incentives Law Submitted to Ecuador's Parliament

On 25 September 2015, a draft law introducing incentives for foreign investment in public works development projects through public-private partnerships was submitted to Ecuador's parliament. The incentives include:
- A 10-year income tax and remittance tax exemption;
- A 10-year dividends tax exemption, regardless of where the recipient is resident; and
- A real estate tax exemption for immovable p…