THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.
Employer of Record in Ecuador.
G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in Ecuador. Your candidate is hired via G-P’ Ecuador PEO in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.
10Holidays per year
40hours per weekWorking hours per day or month
Payroll in Ecuador.
Ecuador is a South American country with a large population, especially in the capital of Quito. The equator runs through the country, giving Ecuador its name. Its natural resources and large population of workers are perfect for companies looking to expand to a location close to other South American countries.
Hiring in 
Ecuador.
Hiring is both exciting and challenging when your company is expanding. It can prove difficult to learn how to hire employees in Ecuador, but once you find the right ones, you can benefit from their work. However, do you have the time to recruit candidates while you’re also establishing a subsidiary, deciding on a payroll option, and running your parent company?
Compensation & Benefits in Ecuador.
Compensation & Benefits in Ecuador.
Your employee benefits scheme can help support your company’s overall goals for growth in Ecuador, so you’ll want to invest resources and time into planning. With the right strategy, you can create an approach that fits your company’s unique needs and delivers optimal value for your workers.
USD450 per monthMinimum wage per month
15daysAnnual vacation leave (min)
Ecuador Subsidiary.
Establishing an Ecuador subsidiary is the key to beginning operations in the country. You need a subsidiary to run your company and handle important tasks such as hiring employees, starting payroll, and giving out benefits and compensation. But it can prove difficult to learn how to set up an Ecuador subsidiary and comply with Ecuador’s subsidiary laws when you have so many other things going on.
Ecuador Visas & Permits.
If your company is planning a global expansion, you might be drawn toward Ecuador’s diverse landscape and developing economy, and you likely won’t have trouble recruiting a team of employees who are willing to move to this tropical nation. The real challenge will come when you have to learn how to get a work visa in Ecuador on top of all the other responsibilities that come with managing a successful business.