Accounting Services for Companies in Ecuador
At Tempo Legal, we transform accounting and tax management into a strategic tool for your peace of mind and financial success.
Our Services
We offer comprehensive accounting and tax management services for companies and individuals in Ecuador. Our goal is to ensure compliance with tax obligations, optimize financial resources, and facilitate access to the tax incentives available under current legislation. With our experience, we help our clients maintain orderly accounting, make informed decisions, and ensure peace of mind in their financial operations.
General Accounting
Recording and control of all financial transactions.
• Preparation of accurate and timely financial statements.
• Updating of overdue accounts.
• Accounting supervision and reconciliation of accounts.
• Implementation of International Financial Reporting Standards (IFRS) for SMEs.
Tax Management
Preparation and filing of tax returns.
- Advice on tax planning to minimize tax burdens.
- Compliance with obligations before the Internal Revenue Service (SRI).
- Management of tax annexes and accounting reconciliations.
Financial Counseling
Cost analysis and inventory management.
- Implementation of costing and asset control systems.
- Project evaluation and advice on investment decisions.
Services for Foreign Companies
Advice on the incorporation and accounting management of foreign companies in Ecuador.
- Compliance with local regulations and optimization of financial operations.
Electronic Invoicing and Electronic Signatures
- We are authorized agents of Facturero Móvil, an electronic invoicing platform in Ecuador that allows you to issue electronic documents valid before the SRI, such as invoices, credit notes, withholdings and remittance guides.
- We offer personalized advice on the acquisition of electronic signatures and access to the platform, facilitating the financial management of entrepreneurs and SMEs.
Eng. Gabriel Calvopiña, MBA
Accountant specializing in financial and tax management, with experience in the tourism, commercial, industrial, and service sectors. Expert in financial statement analysis, tax planning, and resource optimization, providing innovative solutions tailored to family and traditional businesses.
General Accountant in companies in the tourism, commercial, service, and industrial sectors, leading accounting and tax compliance processes.
Gabriel helps optimize financial resources, ensure regulatory compliance, and generate strategies that strengthen sustainable business growth.
Accountant with solid experience in accounting, financial, and tax management, focusing on family businesses and key sectors such as tourism, commerce, industry, and services. He specializes in tax processes, compliance with local regulations, and reporting to regulatory bodies such as the IRS and the Superintendency of Companies.
Our Clients
Procedure
Initial Evaluation
Review of the current financial statement to identify areas for improvement.
Solution Implementation
Adaptation of accounting systems and personalized tax planning.
Continuous monitoring
Daily management of accounting records and timely filing of returns.
Strategic optimization
Advice on tax incentives and strategies to maximize financial benefits.
Contact us via WhatsApp
First consultation
FREE
Frequently Asked Questions
Who is required to keep accounts in Ecuador?
Natural and legal persons who carry out economic activities and whose annual gross income exceeds the limits established by the SRI are obliged to keep accounts. In addition, certain specific activities also require accounting, regardless of income level.
What happens if I do not keep accounts when I am obliged?
Not keeping accounts when it is mandatory can result in fines, surcharges and legal problems that affect the financial stability of your business.
What is the difference between keeping accounts and recording income/expenses?
Keeping accounts involves a detailed and systematic record of all financial transactions, while recording income and expenses is a part of accounting, but it does not cover all the aspects necessary to comply with tax regulations.
What types of tax regimes exist in Ecuador?
In Ecuador, the main tax regimes in force in 2025 are:
- General Regime:
- It applies to companies and individuals with annual revenues greater than $12,081.
- It requires monthly VAT returns, withholdings at source and annual payment of Income Tax.
- Tax Regime for Microenterprises:
- Aimed at micro-enterprises with annual revenues up to $300,000.
- They are taxed at 2% on their gross income and file semi-annual VAT and Income Tax returns.
- Simplified Regime for Entrepreneurs and Popular Businesses (RIMPE):
- Popular Businesses:
- For income up to $20,000 per year.
- They pay a fixed annual fee and are exempt from VAT and Income Tax.
- Entrepreneurs:
- For income between $20,001 and $300,000 per year.
- They apply reduced income tax rates and have simplified tax obligations.
- Special Taxpayers:
- Designated by the SRI due to their volume of operations.
- They have additional tax obligations, such as specific reports and more detailed withholdings.
How do I know which tax regime applies to me?
It depends on your income level and the nature of your economic activity. It is advisable to consult with an accounting advisor to determine the most appropriate regime for your situation.
What is electronic invoicing and how does it work in Ecuador?
Electronic invoicing is a digital system for the issuance of sales receipts. In Ecuador, its use is mandatory for certain taxpayers and facilitates fiscal control by the SRI.
What penalties are there for not filing tax returns on time?
Late filing of returns can lead to fines, interest, and administrative penalties, affecting your company’s reputation and financial stability
How can I regularize my situation if I have overdue accounts?
It’s critical to get up to speed as soon as possible. Our team can help you update your accounting records and file pending returns to avoid major penalties.
What are the benefits of hiring an external accounting service?
Hiring an external service allows you to access experts in the field, ensure regulatory compliance, optimize resources and focus on the core activities of your business.
How does accounting affect access to bank financing?
Orderly and transparent accounting improves the confidence of financial institutions, facilitating access to credit and better financing conditions.
What is the RUC and why is it important?
The Single Taxpayer Registry (RUC) is a tax identification number necessary to carry out legal economic activities in Ecuador.
How are withholdings handled at source in Ecuador?
Withholdings at source are tax advances that certain taxpayers must make when making payments for services or purchases, according to the rates established by the SRI.
What tax obligations do foreign companies have in Ecuador?
Foreign companies must comply with the same tax obligations as local companies, including registration in the RUC, filing of returns, and payment of corresponding taxes.
What is an accounting audit and when is it necessary?
An accounting audit is a thorough review of a company’s financial records to ensure their accuracy and compliance with current regulations. It is advisable to do it periodically or when required by the tax authorities.
How can I legally optimize my tax burden?
Through adequate tax planning, taking advantage of incentives and exemptions provided for in the law to be followed.
Optimize your accounting management with us!
Contact us today for a free consultation and find out how we can help you keep you and your business on top of your tax obligations while maximizing your profits.
Why choose Tempo Legal?
Fast and Specialized Attention
100% Online Service
Pre-established Fixed Rates
We accept debit and credit cards
Optimize your Accounting Management with us
Contact us today for a free consultation and find out how we can help you keep you and your business on top of your tax obligations while maximizing your profits.