Fees and timelines in 2023


payment by instalmentIncorporation costs in Year 1 amount to US$8,450 and annual company costs in Year 2 and thereafter amount to US$1,000. The average fees per Ecuador engagement amounts to US$13,950, including company incorporation, corporate bank account, Company secretary, legal registered office and government registration fees. Refer to draft invoice embedded here.

Different Ecuador entity types Cost Draft invoice
LLC US$13,950 View invoice PDF
SA US$15,200 View invoice PDF
Branch office US$16,200 View invoice PDF
Fast business setup solution + 6 months tax reporting US$40,710 View invoice PDF
Ecuador LLC package US$20,110 View invoice PDF

Click here to create your own Ecuador invoice


The average Ecuador company registration period is 23 weeks as outlined below:

ecuador business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Ecuador, please contact our in-house country expert, Mr. Petar Chakarov, directly:
client relationship officer - Petar
  • Mr. Petar Chakarov
  • Sales & Business Development Manager
  • Contact me!
ecuador-bank ecuadorian american chamber of commerce ecuador ministry of finance ecuador public procurement