Department profile
Pérez Bustamante & Ponce

Tax

Latin America Guide 2027 : 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

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

  • Pérez Bustamante & Ponce represented Naportec in administrative rulings issued by the Internal Revenue Service relating to VAT refund claims.

Strengths

Provided by Chambers

  • Pérez Bustamante & Ponce is very thorough in analysing complex situations from all angles and provides comprehensive recommendations and guidance. I particularly value their strategic perspective and their alignment with our business objectives.

    Tax respondentLatin America
  • Pérez Bustamante & Ponce's service is excellent. The team is always available and extremely helpful in addressing the company's needs. Response times are efficient.

    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's legal and technical expertise is exceptional. He demonstrates empathy in business negotiations, closes deals in a highly professional manner and has outstanding commercial understanding.

      Tax respondentLatin America
    • Juan Gabriel Reyes-Varea is always available and up to date. He is the best there is.

      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. She regularly advises on customs mandates and tax litigation matters.

    • Carmen Simone is a highly competent and passionate lawyer in her field. She takes ownership of the company's matters and resolves them successfully.

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

    Juan Francisco Carrasco

    Well-regarded partner Juan Francisco Carrasco remains active in handling judicial tax claims in Ecuador. He is also recognised for his advice on VAT refunds and tax audits.

    • Juan Francisco Carrasco is always ready to address my needs quickly and efficiently, offering an excellent level of client care and strong commercial understanding.

      Tax respondentLatin America

Ranked Individuals at Pérez Bustamante & Ponce (3)

Ecuador

Members

Provided by Pérez Bustamante & Ponce

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