In the month of October, taxpayers are required to fulfill the following tax obligations:

• Declaration of Value Added Tax (VAT). (*)
• Declaration of withholding tax on income. (*)
• Declaration of Outflow Tax (ISD). (*)
• Declaration and Annex of Special Consumption Tax (ICE). (*)
• Annex International Currency Movement (MID). (*)
• Simplified Transactional Annex (ATS). (**)
• Annex to the Report on Operations and Financial Economic Transactions (ROTEF).
• Foreign Assets Tax Declaration.
• Commercial Registrar Annex (REM).
• Notary Annex (NOT).
• Property Registrar Annex (REP).

Notes:

(*) Special taxpayers must submit and pay their declarations by the 11th day of each month, while other taxpayers will follow the ninth digit of their Taxpayer Identification Number (RUC). If the submission date falls on mandatory rest days or holidays, it will be moved to the next working day.

(**) The maximum submision date will be the following month based on the ninth digit of the RUC as follows:

In the month of July, taxpayers must comply with the following tax obligations:

• Payment of Urban Property Tax:

Starting on July 1st, the urban property tax must be paid in the Municipality where the real estate is located, with a 10% surcharge on the tax value.

• Submission of Tax Compliance Report:

Audited taxpayers must submit the Tax Compliance Report and its corresponding annexes for the fiscal year 2023 by audited taxpayers between July 10 and 28 according to the ninth digit of the Unique Taxpayer Identification Number.

• Foreign Exchange Tax Return- Exporters:

The Tax Return and Payment of the Foreign Exchange Tax must be made by taxpayers who did not return the foreign exchange generated in exports of goods and services during 2023, as follows:

• • Special taxpayers by the 11th day.
    
    
  • Public sector by the 20th day.
    
    
  • Taxpayers domiciled in Galapagos by the 28th day.
    
    
  • Other taxpayers according to the ninth digit of the Unique Taxpayer Identification Number starting from the 10th day.

• Semi-Annual VAT Return:

The Semi-Annual VAT Return must be submitted as follows:

• • Special taxpayers by the 11th day.
    
    
  • Public sector by the 20th day.
    
    
  • Taxpayers domiciled in Galapagos by the 28th day.
    
    
  • Other taxpayers according to the ninth digit of the Unique Taxpayer Identification Number starting from July 10th.

• Semi-Annual VAT Return for Entrepreneurs:

Entrepreneurs subject to the RIMPE regime must submit the Semi-Annual VAT Return between July 10 and 28 according to the ninth digit of the Unique Taxpayer Identification Number.

• Transfer to the Credit Data Registry:

Companies under the control and supervision of the Superintendence of Companies, Securities, and Insurance that conduct credit sales with or without interest, must transfer the information on such sales to the Credit Data Registry by July 10th, which is part of the National Public Data Registry.

• Payment of Motor Vehicle Tax:

Owners of private vehicles with license plates ending number in 6 must pay the Motor Vehicle Tax to the financial institutions authorized by the IRS by July 31st.

• Presentation of Equality Plans:

The Ministry of Labor extended the deadline for the submission of the Equality Plans required by the Organic Law of Violet Economy until July 31, 2024.

Companies obliged to develop equality plans must include in the Equality Plan the creation of the Specialized Committee, or the designated person or position, for the monitoring, evaluation and periodic review of the Plan. In addition, they must disseminate and socialize the Equality Plan with all their collaborators, in order to ensure that it is implemented.

In the month of December, taxpayers must fulfill the following:

Tax Obligations:

• Declaration of Value Added Tax (VAT). (*)
• Declaration of Income Tax Withholding. (*)
• Declaration of Outflow Tax (ISD). (*)
• Declaration and Annex of Special Consumption Tax (ICE). (*)
• Annex International Currency Movement (MID). (*)
• Simplified Transactional Annex (ATS). (**)
• Annex to the Report on Operations and Financial Economic Transactions (ROTEF).
• Foreign Assets Tax Declaration.
• Commercial Registrar Annex (REM).
• Notary Annex (NOT).
• Property Registrar Annex (REP).

Notes:

(*) Special taxpayers must submit and pay their declarations by the 11th day of each month, while other taxpayers will follow the ninth digit of their Taxpayer Identification Number (RUC). If the submission date falls on mandatory rest days or holidays, it will be moved to the next working day.

(**) The maximum submission date will be the following month based on the ninth digit of the RUC as follows:

Corporate Obligations:

• Payment of the second installment of the annual contribution to the Superintendency of Companies, Securities, and Insurance.
• Submission of information to the administration by foreign companies, partners, or shareholders.

Laboral Obligations:

• Payment of the thirteenth salary.

In the month of May, taxpayers must comply with the following tax obligations:

Monthly Obligations

• Value Added Tax Declaration – IVA. (*)
• Withholding Tax Declaration. (*)
• Exit Tax on Dividends Declaration. (*)
• Declaration and Annex of Tax on Special Consumptions – ICE. (*)
• Simplified Transactional Annex – ATS. (**)
• Annex Report of Operations and Financial Economic Transactions – ROTEF. (**)
• International Currency Movement Annex – MID. (*)
• Tax on Assets Abroad Declaration. (*)
• Mercantile Registrars Annex – REM.
• Notaries Annex – NOT.
• Property Registrars Annex – REP.

Annual Obligations

• Dividend Annex – ADI.
• Annex of Non-Resident Financial Accounts – CRS.
• Asset Declaration Annex.
• RIMPE Popular Business Income Tax Declaration.
• Urban Property Tax Payment (Guayaquil).
• Registration of Profit Sharing Payment.
• External Audit Report.
• Payment of the 1.5 per mil tax on assets.
• Patent Tax Payment.

Considerations:

(*) Special taxpayers must submit and pay their declarations until the 11th day, while other taxpayers will adhere to the ninth digit of their tax identification number – RUC. If the filing date coincides with mandatory rest days or holidays, it will be moved to the next business day.

(**) The maximum filing date will be the following month corresponding to the information according to the ninth digit of the RUC.