Cómo constituir una Empresa SAS en Ecuador 100% en línea - 2024 Tutorial completo [Ver todo]

How to Constitute a SAS Company in Ecuador Online

Step 1: Obtain Electronic Signature

• The first step is acquiring an electronic signature. Recommended site: facturi firma.com.

• Users need to upload a front and back photo of their ID and a selfie holding the ID for verification.

• If you don't have an electronic signature, request one for 30 days; this will be needed again after company formation.

Step 2: Access the Company Registration Portal

• After obtaining the electronic signature, go to the Superintendencia de Compañías website.

• It's crucial to select appropriate economic activities during registration; legal advice is recommended if unsure.

• For assistance, users can contact support or request advisory services through provided links.

Step 3: Register on the Portal

• Register as a user on the Superintendencia de Compañías portal; ensure all personal data is accurate.

• The next step involves reserving a company name to check its availability.

Step 4: Reserve Company Name

• Select your province and city when reserving your company name; keep it simple and avoid complex names.

• Ensure that your chosen name is not already taken by another business before proceeding with reservation.

Step 5: Choose Company Format

• Decide between long or short format for your company's name; shorter names are generally preferred for banking purposes.

• Consider whether you want to register as a BIC (Benefit Corporation); this may incur additional reporting obligations annually.

Step 6: Confirm Reservation and Proceed

• Once confirmed, reserve the proposed name and complete necessary economic activity selections carefully.

• Avoid selecting unnecessary activities that could lead to additional compliance requirements later on.

Step 7: Complete Constitution Process

• After reserving the name, proceed with constituting the company by filling out required forms accurately.

• Be cautious about questions regarding ownership structures and financial operations during this process.

Final Steps in Constitution

• Fill in details about shareholders, including capital contributions which must be deposited into the company's account post-registration.

• Understand that higher subscribed capital can provide benefits like limited liability but also entails certain costs such as municipal taxes based on capital amount.

Post-Constitution Requirements

• After constitution, set up municipal licenses and initial declarations with SRI (Tax Authority), requiring accountant signatures for compliance.