Department profile
Pérez Bustamante & Ponce

Tax

Latin America Guide 2026 : Ecuador


Pérez Bustamante & Ponce

Rankings

About

Provided by Pérez Bustamante & Ponce

The attorneys and financial experts in our Tax Unit provide comprehensive advice to local and multinational companies as well as individuals across the spectrum of tax law. With a multi-disciplinary approach, we offer effective solutions to prevent and mitigate tax risks.

We combine legal analysis with tax-financial analysis to help our clients with:

Investments

  • Offer the best options for structuring investments in Ecuador and help our clients access available tax incentives.
  • Guide our clients through the negotiation and execution of investment agreements, delegated management contracts (public-private partnerships) and similar contracts, ensuring access to the tax incentives on offer.

Transactions

  • Offer tax advice on cross-border issues, mergers and acquisitions, project financing and transactions in the capital market.
  • Transfer Pricing and International Taxation-Assess related-party and intra-group arrangements to verify compliance with transfer pricing regime.
  • Advise on international taxation matters, application of doubletaxation agreements, CFC Rules, etc.

Representation in Administrative and Judicial Proceedings

  • Prepare and defend our clients in administrative claims involving tax and customs authorities.
  • File claims for refunds of taxes, tariffs, surcharges and contributions.
  • Advocate for our clients in tax and customs lawsuits, including appeals for cassation and constitutional actions.

Chambers Review

Provided by Chambers

Tax - Ecuador

Band 1

Band 1


What the Team is Known For

PBP Pérez Bustamante & Ponce's practice group is highly acclaimed for having a stellar team of tax specialists in Ecuador. It acts as counsel to leading clients on a wide range of tax mandates, including tax structuring for corporate transactions and tax planning. The practice group has a strong track record of representing clients in contentious tax matters such as administrative litigation and judicial actions. Pérez Bustamante & Ponce also assists individuals with estate planning and wealth management.

Work Highlights

Provided by Chambers

  • PBP Pérez Bustamante & Ponce represented Visa in a tax challenge against the Ecuadorian tax authority's decision to deny the refund of the income tax withholdings made to VISPE.

Strengths

Provided by Chambers

  • Pérez Bustamante & Ponce has high knowledge of local tax regulations, with well-trained professionals who are able to provide a comprehensive service, handling complex issues from various industries.

    Tax respondentLatin America
  • PBP Pérez Bustamante & Ponce offers a practical approach to the subjects we discuss, as well as timely responses.

    Tax respondentLatin America

Notable Practitioners

Provided by Chambers

  • Band 1Juan Gabriel Reyes-Varea
    Band 1Juan Gabriel Reyes-Varea

    Juan Gabriel Reyes-Varea

    Revered partner Juan Gabriel Reyes-Varea is the first port of call in the Ecuadorian tax market for complex matters involving tax planning and structuring. He also has a strong track record of representing major international and national clients in administrative and judicial tax claims.

    • Juan Gabriel Reyes-Varea is excellent. Working with him gives us a lot of security.

      Tax respondentLatin America
    • Juan Gabriel Reyes-Varea is a professional of the highest level and recognition in the field.

      Tax respondentLatin America
  • Band 2Carmen Simone
    Band 2Carmen Simone

    Carmen Simone

    Esteemed partner Carmen Simone possesses considerable experience handling day-to-day tax matters for significant clients operating in Ecuador.

    • Carmen Simone provides a timely service, has a high level of academic training, and is responsible and transparent in her actions.

      Tax respondentLatin America
  • Band 3Juan Francisco Carrasco
    Band 3Juan Francisco Carrasco

    Juan Francisco Carrasco

    Solid partner Juan Francisco Carrasco remains active handling judicial tax claims in Ecuador.
    • Juan Francisco's knowledge and communication with the tax authorities allows him to handle complex issues, achieving positive results.

      Tax respondentLatin America
    • Juan Francisco Carrasco is very practical and creative.

      Tax respondentLatin America

Ranked Individuals at Pérez Bustamante & Ponce (3)

Ecuador

Members

Provided by Pérez Bustamante & Ponce

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