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Baches Academy

Definitive Guide to Hiring and Payroll in Ecuador

Find everything you need to confidently hire and pay in Ecuador - labor law, tax law, compliance, payroll, benefits, and more.

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Disclaimer: The information provided in this document is intended solely for informational purposes. Neither Baches Inc. nor Baches S.A. assumes any responsibility for the accuracy, completeness, or timeliness of the information. Before making any decisions related to employment, taxation, or social security, it is recommended to consult with qualified legal and financial professionals.

Key Country Data

Quick Facts about Ecuador

  • Capital: Quito
  • Currency: United States Dollar (USD)
  • Official Language: Spanish
  • Fiscal Year: January 1 to December 31
  • Date Format: DD/MM/YYYY
  • Country Dialing Code: +593
  • Time Zone: Ecuador Standard Time (ECT), GMT -5