Contractor Invoice Generator for Ecuador
Create professional contractor invoices for clients in Ecuador. This free invoice generator combines contractor-specific billing practices with Ecuador's tax requirements (12% IVA) and preferred payment methods like Bank Transfer and Banco Pichincha.
Free, no registration required. Your data stays in your browser.
Ecuador Tax Information
IVA is 12%. Electronic invoicing mandatory. RUC required for all businesses.
Contractor Services to Invoice
- Labor charges
- Material costs
- Equipment rental
- Permit fees
- Subcontractor work
- Change orders
- Warranty work
Invoice Requirements in Ecuador
Payment Terms
Progress billing at milestones. Retain 5-10% until final inspection.
Payment Methods in Ecuador
Contractor Invoice Tips
- Break down materials and labor
- Reference permits
- Document change orders
- Include lien waiver language
- Track progress payments
Frequently Asked Questions
What tax rate applies to contractor invoices in Ecuador?
Ecuador has 12% IVA. IVA is 12%. Electronic invoicing mandatory. RUC required for all businesses.
What payment methods are common for contractors in Ecuador?
Common payment methods in Ecuador include: Bank Transfer, Banco Pichincha, Produbanco, Credit Card, Cash. Progress billing at milestones. Retain 5-10% until final inspection.
What should contractor invoices include in Ecuador?
Your invoice should include: RUC number, SRI registration, Client RUC, Electronic invoice. For contractor services specifically, also include: Labor charges, Material costs, Equipment rental.
How should contractors bill for projects?
Progress invoicing at milestones. Break down labor, materials, and subcontractor costs.
How do contractors handle material markup?
15-25% markup is standard. State policy in contracts.
What is Ecuador's IVA rate?
Ecuador applies 12% IVA on most goods and services. Basic necessities may be 0%. Exports zero-rated.