Individual - Significant developments

Last reviewed - 15 July 2020

Through the Law for Tax Simplification and Progressivity, enacted on December 31, 2019, the deduction of personal expenses for individuals earning a net income greater than USD 100,000 was limited.

Due to Covid-19 and current economic situation, on June 2020 the Ecuadorian Government enacted the “Law of Humanitarian Support to Combat the Health Crisis derived from Covid-19”. This Law introduces, among others, the negotiation of working conditions between employers and employees, new hiring conditions as well as the possibility to reduce working hours per day, without major changes in tax legislation

Publications about additional economic and regulatory measures related to Covid-19 available at: