The Simplified Joint Stock Company (SAS) has become one of the most popular forms of entrepreneurship in Ecuador. Designed specifically for small businesses and startups, this legal entity offers facilities that previously seemed impossible.
One of its main advantages is the simplified process , which is carried out 100% electronically through the Superintendency of Companies. This eliminates long lines and reduces waiting times. Furthermore, SAS does not require minimum capital or start-up costs , making it an accessible alternative for those just starting their entrepreneurial journey.
Another key feature is limited liability : shareholders do not commit their personal assets to the company’s debts, which provides greater security. Added to this is management flexibility , as it allows partners to define internal rules tailored to business needs, without the rigid requirements of other companies.
These advantages make SAS an excellent option for entrepreneurs in Quito and throughout the country. Incorporating your company this way not only facilitates formalization, but also opens doors to financing and growth.
If you’d like expert advice on setting up your business safely and quickly, visit our SAS Business Formation page.