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Ecuador Approves Public Works Investment Incentives Law

|Approved Changes|Ecuador
Ecuador

Ecuador's parliament has reportedly approved the Organic Law of Incentives for Public-Private Partnership and Foreign Investment. The law introduces incentives for foreign investment in public works development projects through public-private partnerships. The incentives include:

  • A 10-year income tax and remittance tax exemption;
  • A 10-year dividends tax exemption, regardless of where the recip…

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