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Ecuador Tax Information

12% IVA

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

Lawyer Services to Invoice

  • Legal consultation
  • Document review
  • Contract drafting
  • Litigation
  • Court appearances
  • Research
  • Retainer services

Invoice Requirements in Ecuador

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

Payment Terms

Retainer upfront. Bills typically due Net 30. Trust accounts for client funds.

Contado15 días30 díasCrédito

Payment Methods in Ecuador

Bank TransferBanco PichinchaProdubancoCredit CardCash

Lawyer Invoice Tips

  • Bill in standard increments
  • Detail each task
  • Reference case number
  • Separate disbursements
  • Include trust account details

Frequently Asked Questions

What tax rate applies to lawyer invoices in Ecuador?

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

What payment methods are common for lawyers in Ecuador?

Common payment methods in Ecuador include: Bank Transfer, Banco Pichincha, Produbanco, Credit Card, Cash. Retainer upfront. Bills typically due Net 30. Trust accounts for client funds.

What should lawyer invoices include in Ecuador?

Your invoice should include: RUC number, SRI registration, Client RUC, Electronic invoice. For lawyer services specifically, also include: Legal consultation, Document review, Contract drafting.

How should lawyers detail time entries?

Include date, task description, time spent, and attorney name. Use standard billing increments.

How do lawyers handle retainers?

Hold in trust. Bill against retainer and request replenishment when low.

What is Ecuador's IVA rate?

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