Ecuador's government submitted the draft Law for the Attraction of Investments, Strengthening of the Stock Market, and Digital Transformation in the National Assembly on 22 February 2022. With respect to specific tax measures, the key measures of the draft law are for the introduction of a new Special Economic Development (SED) Zone and Free Zone regime.
Under the new regime, taxpayers that are administrators or operators of SED and Free Zones will be exempt from the payment of income tax …