The Simplified Joint-Stock Company (SAS) is one of the most modern and flexible ways to start a business in Ecuador. The best part: the entire incorporation process can be done online , without having to go to the Commercial Registry. Below, we share the basic steps for starting your business in Quito.
- Reserving a name with the Superintendency of Companies (Supercias): The first step is to check availability and reserve your company name on the official portal.
- Drafting of bylaws: These are drafted digitally and tailored to the needs of the members.
- Electronic signature: Each shareholder must have a valid electronic signature to authenticate the documents.
- Online registration: Documents are uploaded to the Supercias system and, after validation, the company’s approval is issued.
- Obtaining the RUC from the SRI: Finally, the company is registered with the Internal Revenue Service to begin operating legally.
Thanks to this simplified procedure, entrepreneurs can formalize their business quickly, safely, and without in-person paperwork.
If you want professional advice to avoid mistakes and establish your SAS with full support, visit our SAS Company Formation section.