INVESTMENT BENEFITS TOURISM

Investment greater than 1 million USD Dollars

Through the signing of an investment agreement with the Ecuadorian government, recorded as a public deed, reception of benefits are guaranteed.

• Up to 10-year exemption in tourism in areas affected by the earthquake (Manabi and Esmeraldas)
• Stability on tax incentives up to 15 years, renewable once (maximum validity 30 years)
• The company may request total or partial reduction of duties for any capital goods imported
• Exemption of foreign exchange taxes on financing operations
• Establishes conflict resolution mechanism

Investment lower than 1 million USD Dollars

Through the signing of an investment agreement with the Ecuadorian government, recorded as a public deed, reception of benefits are guaranteed.

• Up to 10-year exemption in tourism in areas affected by the earthquake (Manabí and Esmeraldas)
• Stability on tax incentives up to 15 years, renewable once (maximum validity 30 years)
• The company may request total or partial reduction of duties for any capital goods imported
• Exemption of foreign exchange taxes on financing operations
• Establishes conflict resolution mechanisms

INVESTMENT BENEFITS INDUSTRIAL

• Income tax exemption for 10 years
• Exemption to the currency outflow tax on the importation of goods, acquisition of services, funding, dividends or profits, payments for acquisition of shares, rights or participations
• Taxes on foreign trade: exemption on customs rights and VAT on imported products and services
• Legal stability: standard on concession agreements

INVESTMENT BENEFITS CONSTRUCTION

Investment greater than 1 million USD Dollars

Through the signing of an investment agreement with the Ecuadorian government, recorded as a public deed, reception of benefits are guaranteed.

• Up to 10-year exemption in tourism in areas affected by the earthquake (Manabí and Esmeraldas)
• Stability on tax incentives up to 15 years, renewable once (maximum validity 30 years)
• The company may request total or partial reduction of duties for any capital goods imported
• Exemption of foreign exchange taxes on financing operations
• Establishes conflict resolution mechanisms

Investment lower than 1 million USD Dollars

Through the signing of an investment agreement with the Ecuadorian government, recorded as a public deed, reception of benefits are guaranteed.

• Up to 10-year exemption in tourism in areas affected by the earthquake (Manabí and Esmeraldas)
• Stability on tax incentives up to 15 years, renewable once (maximum validity 30 years)
• The company may request total or partial reduction of duties for any capital goods imported
• Exemption of foreign exchange taxes on financing operations
• Establishes conflict resolution mechanisms

Public-private alliance

• Income tax exemption for 10 years
• Exemption to the currency outflow tax on the importation of goods, acquisition of services, funding, dividends or profits, payments for acquisition of shares, rights or participations
• Taxes on foreign trade: exemption on customs rights and VAT on imported products and services
• Legal stability: standard on concession agreements

PROCEDURE FOR AUCTION

General Information: information on the property to be auctioned shall be public and available in www.inmobiliariapublica.ec

Notices: the notifications to the bidders will be made through the electronic mail (e-mail) address indicated by the offeror.

Form of presentation and requirements of tenders: offers shall be submitted in hard copy at the address listed in the Call, addressed to the Property Disposal Committee of INMOBILIAR. The initial economic o er must be equal to the base price established in the call and must describe the form of payment proposed by the offeror – within one hundred and eighty (180) calendar days Supporting documents (backup): 10% of base price.

• Unconditional, irrevocable guarantee of immediate collection, granted by a bank or financial institution established in the country or through it
• Bond insured by an insurance policy, unconditional, irrevocable and of immediate collection, issued by an insurance company established in the country
• Certified check or bank check issued to INMOBILIAR; Bank transfer
• Cash deposit