Ecuador Tax Incentives to Attract Investment in Audiovisual and Energy Sectors

The Ecuadorian government submitted a draft bill in the National Assembly on 24 November 2022 that provides incentives for digital and audiovisual transformation. The incentives include:

• A special regime providing a customs tax exemption on the import of qualifying capital goods for audiovisual productions;
• A remittance tax exemption on payments made for carrying out audiovisual production activities in Ecuador, including payments for the importation of goods and equipment related to the act…