How about taxes on revenue and taxes on a company?

Hello,

Someone could inform us about taxes on revenue but also about taxes for companies. If I open my own business in Ecuador, how much I would have to pay for taxes?

Thank you

It will depend of the income that the bussines makes.
For example, there is a simply regimen that is call RISE. IRS create it for small bussines that they pay no more than $5 monthly. How little bussines? The one that sells less than 5k or so monthly.

If you read spanish I will suggest check www,sri,gob,ec
for more info and also for update info.

Requirements changes all the time.

I speak spanish very well but there is a lot of informations. It could be nice if someone could be resume a little bit what is written, in addition for people who doesn't speak spanish.

Simple questions:

- Ecuador has got many taxes or not?
- This is small taxes or bigs? How is the maximum tax level for Income Tax, personal and professional?

Thank you

Ecuador has got many taxes or not?
Compare to what?
Less than in the States? Yes (my opinion)
The taxes are %, it depends of the location, city and municpality.
200m2 house in middle class area in Guayaquil pays $50 impuesto predial for 2013