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Ecuador Introduces New Mining Annex Reporting Obligation

28 February 2025

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Approved Changes

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Ecuador

Ecuador's Internal Revenue Service (SRI) has published Resolution No. NAC-DGERCGC25-00000004 of 20 February 2025, which establishes the obligation, conditions, deadlines, and exceptions for the presentation of the new Mining Annex ("Anexo Minero"), a mandatory report. The purpose of the annex is to gather comprehensive data on economic activities related to metallic and non-metallic mineral exploration, exploitation, and commercialization. The following are required to submit the Mining Annex: Natural persons and public or private companies that hold mining concessions, commercialization licenses, or processing plants and are involved in economic activities related to the exploration, exploitation, local commercialization, or export of metallic...