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Draft Public Works Investment Incentives Law Submitted to Ecuador's Parliament

|Proposed Changes|Ecuador
Ecuador

On 25 September 2015, a draft law introducing incentives for foreign investment in public works development projects through public-private partnerships was submitted to Ecuador's parliament. The incentives include:

  • A 10-year income tax and remittance tax exemption;
  • A 10-year dividends tax exemption, regardless of where the recipient is resident; and
  • A real estate tax exemption for immovable property used for public works.

Additional details will be published if the draft incentives law is…

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