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Ecuador Tax Information

12% IVA

IVA is 12%. Electronic invoicing mandatory. RUC required for all businesses.

Accountant Services to Invoice

  • Bookkeeping
  • Tax preparation
  • Financial statements
  • Payroll services
  • Tax planning
  • Audit support
  • Advisory

Invoice Requirements in Ecuador

RUC number
SRI registration
Client RUC
Electronic invoice
IVA (12%)
Total in USD

Payment Terms

Monthly bookkeeping billed monthly. Tax prep: 50% upfront, 50% on completion.

Contado15 días30 díasCrédito

Payment Methods in Ecuador

Bank TransferBanco PichinchaProdubancoCredit CardCash

Accountant Invoice Tips

  • Reference service period
  • Detail returns prepared
  • Include software fees
  • Note complexity factors
  • Reference engagement letter

Frequently Asked Questions

What tax rate applies to accountant invoices in Ecuador?

Ecuador has 12% IVA. IVA is 12%. Electronic invoicing mandatory. RUC required for all businesses.

What payment methods are common for accountants in Ecuador?

Common payment methods in Ecuador include: Bank Transfer, Banco Pichincha, Produbanco, Credit Card, Cash. Monthly bookkeeping billed monthly. Tax prep: 50% upfront, 50% on completion.

What should accountant invoices include in Ecuador?

Your invoice should include: RUC number, SRI registration, Client RUC, Electronic invoice. For accountant services specifically, also include: Bookkeeping, Tax preparation, Financial statements.

How do accountants price tax preparation?

Based on complexity: forms, schedules, and documentation required.

Should accountants charge for questions?

Include reasonable questions. Track time for extensive consultations.

What is Ecuador's IVA rate?

Ecuador applies 12% IVA on most goods and services. Basic necessities may be 0%. Exports zero-rated.