Government Announces Tax Incentives, Advances in Electricity Generation and Guarantees that There Will Be No Power Outage
4 Articles
4 Articles
The Executive withdraws VAT and ISD from imports for private projects to encourage the participation of small, medium and large generators.
Quito, Oct 5 (Prensa Latina) The Government of Ecuador announced today that it will eliminate taxes on the import of equipment destined for private electricity generation and storage projects, in order to accelerate new investments in the face of the current energy crisis. The post Ecuador eliminates taxes on electrical generation equipment first appeared on Noticias Prensa Latina.
Since October 6, 2026, companies from the private sector that want to import hydroelectric generation and energy storage equipment will not have to pay either the Value Added Tax (VAT), or the Tax on the Departure of Foreign Exchanges (ISD). José Julio Neira, secretary of the Public Administration, who accompanied the president... The entry government eliminates taxes for the import of electrical generation equipment was first published in Diari…
The Government announced that since October 6 it will eliminate VAT and ISD to import equipment from private electricity generation projects in Ecuador
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