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For non-residents · 100% remote

Start a company in Ecuador without setting foot in the country

Ecuador's SAS places no nationality or residency requirements on shareholders. A foreigner can own 100% of an Ecuadorian company — incorporated remotely with an apostilled power of attorney, with a tax ID issued on your passport.

Nexo handles the entire process end to end: 7-15 business days from first call to a fully registered, RUC-active company.

Start my companyHow it works

Why foreign founders choose the Ecuadorian SAS

100% foreign ownership

No nationality restrictions — you can be the sole shareholder, personally or through a foreign holding company.

No residency required

Shareholders don't need to live in Ecuador. Incorporate with an apostilled power of attorney, without traveling.

No minimum capital

The SAS has no legally required minimum share capital.

Dollarized economy

Ecuador uses the US dollar — no currency exchange risk on your investment.

Tax ID with your passport

The tax authority (SRI) accepts your passport to issue the company's RUC. No Ecuadorian ID needed.

Dividend repatriation

Dividends can be remitted abroad, subject to applicable withholdings.

What you need — and what you don't

DocumentWhen it's required
Valid passportAlways — primary ID for non-residents
Apostilled power of attorneyIf you won't sign in person in Ecuador
Parent company documents, apostilled and translatedIf the shareholder is a foreign legal entity
Email address and phone numberAlways — for registration with the regulator (SCVS)

Not required: investor visa, criminal background check, or an Ecuadorian bank account before incorporation.

How it works: incorporation without borders

1

Initial consultation

Video call or email: corporate structure, share capital, business purpose, and legal representation.

2

Power of attorney

We provide the model document for you to notarize and apostille in your home country.

3

Bylaws and founding document

Customized drafting — the SAS uses a private document, no public notary needed.

4

Filing with the SCVS

Name reservation, company registration, and corporate file number.

5

Tax ID (RUC) registration

Registered with the SRI using your passport, plus guidance for opening a corporate bank account.

6

Document delivery

All corporate documents delivered in digital and physical format.

Total timeline: 7-15 business days — the main variable is how fast the apostilled power of attorney is issued in your home country.

Plan your taxes before you incorporate

Cross-border payments from an Ecuadorian company — dividends, royalties, fees — may be subject to the tax on capital outflows (ISD). Nexo works with the Santacruz & Santacruz law firm to structure the most tax-efficient setup for non-resident investors before the company is formed. Read more in our full guide for foreign founders.

Frequently asked questions

Can I own 100% of an Ecuadorian company as a foreigner?

Yes. There are no restrictions on full foreign ownership of a SAS. You can be the sole shareholder and hold 100% of the shares, personally or through a foreign holding company.

Do I need to live in Ecuador or travel there?

No. Residency is not required and the entire process can be completed remotely with a notarized, apostilled power of attorney. You never need to set foot in the country.

Do I need an Ecuadorian bank account before incorporating?

No. A bank account is only needed once the company starts operating and invoicing. We guide you through opening it after incorporation.

Can my foreign company be the shareholder?

Yes. A foreign legal entity can be a shareholder — you'll need its incorporation documents, apostilled and translated into Spanish if applicable.

How long does the whole process take?

Typically 7 to 15 business days from the initial consultation to a fully active company with a tax ID (RUC), depending mostly on how quickly the apostille is obtained in your home country.

Is there an investor visa or background check requirement?

No. No investor visa, criminal background check, or prior Ecuadorian bank account is required at the incorporation stage.

Ready to start your company in Ecuador?

Free initial consultation — no commitment required. We reply in English.

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Also need to register your trademark in Ecuador? Learn about our trademark registration service →

© 2026 Nexo Ecuador · admin@nexo-ec.com · SAS guide (English)