Pursuant to Executive Decree No. 198 as issued by the President on March 15, 2024, the standard VAT rate in Ecuador is increased to 15% effective April 1, 2024.
A copy of Executive Decree No. 198 can be found here (in Spanish).
Ecuador: VAT Rate Increase to 15% From April 1, 2024
Robert Pelletier
March 20, 2024
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Author
Robert Pelletier
Robert Pelletier is a Regulatory Counsel at Sovos Compliance. Within Sovos’ Regulatory Analysis function, Robert specializes in research and analysis of global VAT and GST. Robert received a B.A. magna cum laude in Legal Studies from Quinnipiac University and a J.D. cum laude from Suffolk University Law School. Robert is a member of the Massachusetts Bar.
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