Andersen

Senior Partners: Alfredo Bustos, Pablo Guevara, Mario Orellana (Guayaquil) - Mauricio Durango (Quito)
Acting Partner: Álvaro Cardenas (Quito)
Number of partners: 5
Number of other lawyers: 17
Professionals from other branches: 55

Firm Overview:
FIDESBURÓ and PROFILE, two of the most prestigious market-leading legal and tax consulting services firms in Ecuador, are now Andersen in Ecuador. The firm concentrates the experience of an excellent multidisciplinary team of professionals trained in risk prevention, legal matters, tax, corporate and employment law, aimed and committed to provide timely and proactive services.

The firm has offices in Guayaquil and Quito, providing services to clients located in all Ecuador, and worldwide presence through member firms and collaborating firms of Andersen Global. It is the biggest firm specialized in taxes in Ecuador, with experience in the application of best tax practices for local and multinational companies. As a competitive advantage, the firm has technology incorporated as input for the decision making on tax matters.

Main Areas of Practice: 

Legal & Tax Consultancy:
Andersen’s highly effective team of professionals is specialized in corporate law and in the development and application of best tax practices. The team is a valuable asset for the firm, as they are continously working in an environment of constant regulatory changes where businesses are exposed to the effects of nonconformance, which can disrupt normal and efficient operations, and may result in sanctions that could harm corporate reputation.

Tax Compliance and Tax Refund:
An appropriate review of tax practices used in business activity, keeps a good record in the compliance of formal obligations allowing companies to identify benefits to obtain an efficient tax refund within the legal framework. The firm provides an assessment on client’s tax status and compliance with formal taxpayer requirements, giving recommendations to improve business practices or bring them into conformity with the law to avoid future vulnerability.

Legal Defense & Litigation:
Entrust the defense of rights and interests to a team specialized in oral litigation, with experience in tribunals and court of justice — including constitutional processes, allow companies to obtain best results and risk control through managers and shareholders. Andersen is committed to deliver its best effort, applying its skills within a framework of professional ethics, and achieving the optimal results for clients.

Restructurings, Investments, Mergers & Acquisitions Consultancy:
Any new venture requires a preliminary analysis of its advantages and obstacles in sufficient detail to yield reliable project expected results. The same applies to the development, expansion, or diversification of existing enterprises, where it is advisable to consider whether the benefits obtained might be outweighed by the risks entailed. Andersen provides consultancy enabling clients to structure a business strategy that is beneficial to shareholders and aimed at capitalizing on advantages or benefits under tax law. Ensuring compliance with conditions and requirements that meet the optimum tax outcome for the business within the legal framework.

Transfer Pricing, International Tax Planning:
Identifying transactions with related parties, local and foreign; and, making sure such transactions comply with the arm’s length principle, means a formal obligation that is highly complex, and that just professionals with enough experience and tools, will be able to translate these transactions into a comprehensive Transfer Pricing Report and annexes with its proper support. The firm’s specialization in transfer pricing and application of agreements to prevent double or international taxation, will provide assistance and advice for the proper local application of tax law in international transactions.

International Work:
Andersen Global is an international association of member firms comprised of tax and legal professionals worldwide. It was established in 2013 as the international entity surrounding the development of a seamless professional services model providing best in class tax and legal services around the world. The principal objective isn’t to be the biggest firm, it is to provide best-in-class client services in seamless fashion across the globe and that each and every one of the professionals and member firms that are a part of Andersen Global, share its core values.

Languages:
English, Spanish.

Clients:
Andersen clients include the most important national and multinational companies operating in Ecuador, in different industry sectors: banking, construction, healthcare, industrial sector, IT and technology, manufacturing, pharmaceutical, real estate, telecommunications among others. Also, the firm serves international clients and investors, advising them on the application of the best practices in legal and tax matters for their investments in Ecuador and worldwide.