Incorporation of SAS Companies in Ecuador

From $129.99

SAS (simplified corporations) are a very flexible type of company, ideal for all types of entrepreneurship or large companies.

Start your business right and set up a SAS in 24 hours to access many benefits!

At Tempo Legal, we are leaders in the incorporation of Simplified Stock Companies (SAS), an ideal option for entrepreneurs and businessmen looking to formalize their business in Ecuador in an agile, flexible way and complying with all current legal regulations.

The SAS model is characterized by its ease of incorporation, without the need for a minimum capital and with a flexible administrative structure, allowing even a single shareholder to incorporate the company. Our team of experts accompanies you throughout the process, from the reservation of the appellation to obtaining the Single Taxpayer Registry (RUC), ensuring that everything is done efficiently and without setbacks.

In addition, we offer complementary advice, including the drafting of Shareholders’ contracts. These private agreements between shareholders allow clear rules to be established to avoid internal conflicts, such as the transfer of shares or the making of important decisions.

Trademark registration service in Quito

Juan Alberto Gómez B. Esq.

Are you looking for reliable, hassle-free legal advice at a fair price? At Tempo Legal, we can help you establish your business, register your trademark, or resolve any legal or accounting matters. Your first consultation is FREE via WhatsApp! Receive clear and quick solutions.

Professional career: Partner at the law firm Gómez & De La Torre Abogados , Legal Director of the Rainforest Foundation and External Consultant at Benalcázar Abogados .

Specialization and Achievements: Expert in Civil and Commercial Litigation Law, with over $10 million in assets recovered through strategic litigation and successful settlements.

Advisor to leading institutions: He has represented and advised Banco Pichincha, Banco del Austro, Oriente Seguros, Chaide & Chaide, Colegio Alemán Quito, Grupo Logístico Mosquera Aulestia GMA, among others.

Benefits of a SAS

Save Money

You can start your business with $1.00 of capital. There are no notary or registry fees.

Protect Your Wealth

Tempo Legal wants to see you succeed; However, in case things go wrong, your personal wealth will not be affected.

Speed

In 24 to 48 hours you will have your company incorporated and RUC to start invoicing.

You don't need partners

Not sure if you have partners? Don’t worry, you can be the only partner.

100% Online Procedure

You don’t need to leave your house. If you have an electronic signature, you can carry out the procedure online.

Tax Benefits

With the SAS you can apply for several tax benefits.

Flexibility

If you want a flexible company to market all kinds of products or services, this is the figure for you.

Project seriousness

When you have a formalized company, you project trust and security of your brand.

Our Clients

Featured Services

Incorporation of SAS for nationals and foreigners

Comprehensive advice on the choice of the most appropriate type of company according to the client’s needs.

Drafting and customisation of bylaws that guarantee a solid and functional structure.

Complete management of procedures before the Superintendence of Companies, Securities and Insurance (SCVS), ensuring regulatory compliance without setbacks.

Support in the opening of bank accounts and obtaining the RUC to start operations without delay.

Advice for foreign investors

Legalization and certified translation of documents to comply with Ecuadorian regulations.

Obtaining the Single Taxpayer Registry (RUC) and advice on tax compliance.

Legal strategies to optimize investment and minimize tax risks.

Representation and assistance in administrative processes related to permits and registrations.

Tax Registration and Tax Compliance

Registration with the Internal Revenue Service (SRI) and guidance in compliance with tax obligations.

Tax planning to reduce tax burdens legally and efficiently.

Regularization of tax obligations and advice on tax control processes.

Implementation of accounting structures adapted to the needs of each company.

Post-incorporation Advice

Preparation of corporate minutes and adaptation of the legal structure to the needs of the company.

Advice on corporate changes, mergers, spin-offs and amendments to the bylaws.

Assistance in obtaining municipal permits, operating licenses, and other administrative requirements.

Management of commercial contracts, partner agreements and shareholders’ agreements

Transformation of existing companies to SAS

Conversion of traditional companies into Simplified Joint Stock Companies (SAS) to optimize their structure.

Analysis of legal and tax advantages of the SAS compared to other types of companies.

Drafting of new statutes and internal reorganization to adapt to the SAS model.

Representation before the Superintendence of Companies and other regulatory entities.

Create Your SAS in 4 Simple Steps

Fill out the form and receive your quote instantly

Send the proof of payment and the required data

In 24 hours you will receive the draft for approval and signature

We enter the procedure in the Superintendence of Companies

Your company will be ready! The Superintendence of Companies will respond to us within 24 hours.

Contact us via WhatsApp

First consultation

FREE

 

SAS Overview

How much does it cost me to set up a SAS?
Just the value of our fees; in this type of company there are no notary fees or in the Mercantile Registry. Depending on the particularities of your SAS, our fees start at $129.99.
Where can I obtain an electronic signature to constitute a SAS?

We recommend that you take it out at the Civil Registry or with Security Data. We leave you the links to each one.

Civil Registry: https://www.youtube.com/watch?v=P4pxjG2BUyo

Security Data: https://www.youtube.com/watch?v=laqRR-shRso

What is a simplified joint-stock company? (SAS)
It is a type of company that allows one or more shareholders to constitute a company with limited liability to the amount of their contribution, without the need for a minimum mandatory capital. It is ideal for its flexibility and speed in constitution.
What are the main benefits of a SAS?
SAS offer:

Administrative flexibility.
They do not require minimum capital.
They can be constituted by a single shareholder.
Fast and simplified procedures before the SCVS.

How long does it take to set up a SAS in Ecuador?
The process can be completed in less than 48 hours if you have all the necessary documents.
What documents do foreign partners need?
  • Valid passport
  • Electronic signature
What activities can a SAS perform?

A SAS can engage in any legal economic activity, except those regulated by special laws that require another type of company such as banking activities.

Does the SAS have any kind of disadvantage?
The only disadvantage of SAS is that they cannot be listed on the stock exchange. In addition, depending on the line of business, the law requires that certain businesses be established as corporations (e.g., banks, insurance companies or fiduciaries).
How long does it take for my SAS to be formalized?

Once the payment has been made and all the required information has been sent, the procedure is completed within a maximum period of 24 to 48 hours.

I don't want partners, can I set up a SAS?

Of course! Unlike other types of companies, the SAS can be incorporated with a single shareholder.

What are the requirements to set up a SAS?

To start the process, you just need:

  • Identity card or passport (for foreign members).
  • Electronic signature of each partner or legal representative. (If you don’t have it, we can manage it for you.)
Is it mandatory to have a lawyer to set up a SAS?

Although it is not mandatory, having a lawyer ensures compliance with all legal requirements and avoids errors in the incorporation process that can be more expensive to correct.

Can I set up a SAS without being physically in Ecuador?
Yes, with an electronic signature it is not necessary for the partners or legal representatives to be in Ecuador. Our team can manage the entire process on behalf of us.
What are the costs of being associated with the incorporation of a SAS?
The procedure is free before the Superintendence of Companies, but there are minimal costs related to electronic signatures.

Frequently Asked Questions

What obligations does a SAS have after being incorporated?
  • Tax returns before the SRI.
  • Presentation of annual balance sheets to the SCVS.
  • Registration of corporate minutes.
Is it possible to transform an existing company into a SAS?
Yes, through a process before the SCVS, any company can be transformed into a SAS.
What is a social contract and why is it important?
It is a private agreement between shareholders that establishes additional internal rules, such as the transfer of shares, distribution of dividends or dispute resolution. Although it is not mandatory, it is highly recommended to prevent disputes.
What is the difference between a SAS and a limited company?
The Simplified Joint-Stock Company (SAS) is more flexible and modern, ideal for entrepreneurs and startups. It can be constituted by a single shareholder and does not require a minimum capital. In addition, it allows you to freely design your governance structure and facilitates the transfer of shares.

On the other hand, the Limited Company is more traditional, requires at least two partners, has a minimum capital of $400, and the transfers of shares require the approval of the partners and notarial procedures.

Both types offer limited liability to the capital contributed, but the SAS stands out for its simplicity and flexibility compared to the more rigid structure of the Limited Company.

What advice do you provide after the incorporation of a SAS?

At Tempo Legal, we offer comprehensive support to ensure that your SAS operates efficiently and complies with all regulations. Our services include:

Preparation of corporate minutes and records:
We write and record minutes of general meetings, shareholders’ meetings and other documents necessary to keep the records updated and in order.

Additional procedures:
We manage municipal permits, operating licenses and any other administrative procedure necessary to operate legally.

Tax and administrative advice:
We help structure your tax obligations, such as IRS filings, tax planning, and initial accounting management, ensuring compliance with local regulations.

Updating and reforms:
We provide support in statutory updates, changes in the corporate purpose, capital increase and other procedures related to the operation of your company.

Our goal is to accompany you beyond the incorporation, ensuring that your company grows in an orderly manner and in full legal compliance.

Why choose Tempo Legal?

Fast and Specialized Attention

100% Online Service

Pre-established Fixed Rates

We accept debit and credit cards

Ready to take the first step in your venture?

Setting up your SAS has never been easier. At Tempo Legal, we offer you a comprehensive, fast and reliable service so that your company operates legally in Ecuador from day one. Contact us now for a free consultation and let’s start building the future of your business!