TZVS: COVID-19 RESPONSE DOCUMENTS

The impact of COVID-19 is changing rapidly. For that reason, we have set up a list of specific articles and news for navigating the many challenges ahead.


Tax Regulation due to COVID-19

Tax Regulation due to COVID-19

By Executive Decree No. 1021, of March 27, 2020, the Regulations to the Organic Law of the Tax Regime are amended and special and temporary regulations are established for the … ...
The Impact of COVID-19 on Arbitration & Litigation in Ecuador: legal Analysis on the Pandemic’s Disruption

The Impact of COVID-19 on Arbitration & Litigation in Ecuador: legal Analysis on the Pandemic’s Disruption

As the number of confirmed cases of COVID-19 rises one thing is certain: the virus has caused major business disruptions throughout Ecuador and the world. Although the future of this … ...
Ecuadorian private banking takes action against COVID-19

Ecuadorian private banking takes action against COVID-19

On March, 17th the Association of Private Banks of Ecuador (Asobanca) adopted two temporary measures to address the economic crisis that is facing the national economy. 1) Restructuring loans by … ...
General Meetings during the State of Emergency due to COVID-19 in Ecuador

General Meetings during the State of Emergency due to COVID-19 in Ecuador

On account of the mobility measures adopted by the National Government due to the State of Emergency, the General Meetings of Partners/Shareholders may be conducted through videoconference. According to the … ...
Teleworking; reduction, modification and cessation of working time

Teleworking; reduction, modification and cessation of working time

According to the declaration of Health Emergency enforced by the spreading of COVID-19 in Ecuador, the Ministry of Labor issued regulatory guidelines in order to adjust teleworking, reduction, modification and … ...
Q&A: Indefinite Labor Suspension in State of Exception by COVID-19

Q&A: Indefinite Labor Suspension in State of Exception by COVID-19

Q: Can employers suspend work hours during the sanitary emergency? A: Yes, the Ministry of Labor through Ministerial Agreements MDT-2020-076 and MDT-2020077, allowed employers to apply the telework modality, as … ...