The Ecuadorian government issued Executive Decree No. 589 on 29 March 2025 to extend the 0% tax rate on foreign currency outflows (ISD) for essential imports.
The measure continues the temporary relief first introduced for January to March 2025 as part of efforts to mitigate the impact of the country’s ongoing energy crisis. The revised ISD rates for the 2025 fiscal year aim to support the flow of critical goods into the country.
The decree will take effect upon its publication in the Official Register.
Earlier, the Ecuadorian Tax Authority (SRI) issued Resolution NAC-DGERCGC24-00000035, amending the rules for the transmission of electronic invoices. Taxpayers must transmit electronic invoices to the Tax Administration immediately upon generation, or within a maximum of four business days, via designated web services.
