As a general rule, a foreign person, whether an individual or company, in order to participate in the capital of any company still to be incorporated, or in the capital increase of a company already established, or a foreign company to establish a branch in Ecuador, does not require any previous authorization regarding its investment planned. Foreign investors may remit all profits abroad with no limits after withholding income tax and workers' profit sharing. They must give notice of the repatriation to the Central Bank of Ecuador. Ecuador has a free market exchange system. In this manner, banks and money exchange offices may freely operate after having been previously approved by the Office of the Superintendent of Banks.
Foreign investors invest at the free exchange market.
Such investors may, accordingly, remit profits or repatriate capitals.