On 21 August 2018, Ecuador published Law No. SAN-2018-1358 in the Official Gazette, which includes measures to promote production, investment, and employment. One of the main aspects of the Law is the introduction of several tax holidays (exemptions). This includes general tax holidays for new productive investments in priority sectors as follows:
- A 12-year tax holiday for investments made outside of the cities of Quito and Guayaquil;
- An 8-year tax holiday for investments made in Quito and …