Fees and timelines in 2022
Fees
Incorporation costs in Year 1 amount to US$8,450 and annual company costs in Year 2 and thereafter amount to US$1,000. The average fees per Ecuador engagement amounts to US$13,950, including company incorporation, corporate bank account, Company secretary, legal registered office and government registration fees. Refer to draft invoice embedded here.
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Select the services you require and get the total fees at end of this table:
Timelines
The average Ecuador company registration period is 23 weeks as outlined below:
Preparing a detailed project plan;
Our Client confirms the corporate structure;
Collecting due diligence from our Client.
Our Client signs the corporate bank account opening forms;
Bejarano ADF Consultants prepares a business plan;
Bejarano ADF Consultants visits the bank for interview;
The Bank Legal and Compliance Department review and approve the banking application;
The Bank Front Office email corporate bank account numbers to our client.
The Bank Operations Department mails the internet username and passwords to our Client;
Some of our Clients’ request Bejarano ADF Consultants to activate the internet banking on their behalf.
Bejarano ADF Consultants confirms all Client due diligence is received;
Bejarano ADF Consultants couriers to our Client the complete original company and bank account documents;
Our Client completes our web page feedback survey;