Quevedo & Ponce - Noticias Legales

Dissolution, Liquidation, and Cancellation of Commercial Companies in Ecuador

When a company ceases operations, generates no income, or becomes unprofitable, the most prudent course of action is to close it as soon as possible. This helps to avoid the accumulation of fiscal and administrative obligations with entities such as the Superintendency of Companies, Securities, and Insurance (SCVS) and the Internal Revenue Service (SRI), as well as reducing unnecessary expenses and minimizing the risk of fines or sanctions.

The closure may be necessary for various reasons, such as unsatisfactory results, conflicts among shareholders, lack of operations, or the personal decision to finish the project. The following are the options available perform out this procedure, each one suitable for different circumstances:

  1. Volontary and early dissolution: This procedure allows the shareholders to decide in advance to close the company. It involves the formal dissolution of the company, liquidation of assets and liabilities, and subsequent cancellation of registration.

  2. Expedited procedure for voluntary dissolution, liquidation, and cancellation request: If the company has no outstanding debts, this option offers a more agile process, allowing the dissolution, liquidation, and cancellation to be completed in a single administrative act.

  3. Expedited cancellation: In this case, if the company has no pending obligations and all shareholders agree, a fast and efficient cancellation can be conducted before the Commercial or Corporate Registry, as appropriate.

At Quevedo & Ponce, we offer comprehensive legal counsel for the dissolution, liquidation, and cancellation of companies. Our experts ensure an efficient process, in compliance with current regulations, tailored to meet the specific needs of each client.

Más Artículos

The Superintendence of Personal Data Protection (SPDP) Issues New Key Criteria on the Use of Biometric Data and the Appointment of DPOs

The Superintendence of Personal Data Protection (SPDP) Issues New Key Criteria on the Use of Biometric Data and the Appointment of DPOs

The Superintendency of Personal Data Protection (SPDP) has issued recent statements regarding the use of biometric data for workplace attendance control and the obligation to appoint a Data Protection Officer (DPO) in savings and credit cooperatives. These criteria reinforce the need to protect sensitive data, require impact assessments, ensure free consent, and establish that cooperatives must immediately appoint a DPO to comply with current regulations and avoid sanctions.

La Superintendencia de Protección de Datos Personales (SPDP) emite nuevos criterios clave sobre el uso de datos biométricos y la designación de DPOs

La Superintendencia de Protección de Datos Personales (SPDP) emite nuevos criterios clave sobre el uso de datos biométricos y la designación de DPOs

La Superintendencia de Protección de Datos Personales (SPDP) ha emitido recientes pronunciamientos sobre el uso de datos biométricos para el control de asistencia laboral y la obligación de designar un Delegado de Protección de Datos (DPO) en cooperativas de ahorro y crédito. Estos criterios refuerzan la necesidad de proteger datos sensibles, exigir evaluaciones de impacto, y garantizar el consentimiento libre, además de establecer que las cooperativas deben designar un DPO de manera inmediata para cumplir con la normativa vigente y evitar sanciones.

Protect Your Business and Avoid Sanctions! New Legal Obligation in Contracts: Personal Data Protection Clauses

Protect Your Business and Avoid Sanctions! New Legal Obligation in Contracts: Personal Data Protection Clauses

Since April 30, 2025, in Ecuador the inclusion of specific personal data protection clauses is mandatory in all contracts involving the processing of personal data pursuant to Resolution No. SPDP-SPD-2025-0006-R. This new legal requirement applies to both public and private entities and non-compliance may result in severe sanctions.

¡Proteja Su Empresa y Evite Sanciones! Nueva Obligación Legal en Contratos: Cláusulas de Protección de Datos Personales

¡Proteja Su Empresa y Evite Sanciones! Nueva Obligación Legal en Contratos: Cláusulas de Protección de Datos Personales

A partir del 30 de abril de 2025, en Ecuador es obligatorio incluir cláusulas específicas de protección de datos personales en todos los contratos que impliquen tratamiento de datos, según la Resolución Nº SPDP-SPD-2025-0006-R. Esta nueva exigencia legal aplica a entidades públicas y privadas, y su incumplimiento puede conllevar sanciones graves.

The Frisby Case: A Key Lesson in International Trademark Protection

The Frisby Case: A Key Lesson in International Trademark Protection

Frisby, one of Colombia’s most popular fast-food chains, is currently facing a complex legal dispute in Europe that has garnered the attention of businesses, media, and the general public.

1 2 3 4 5 24

Contáctanos

Tienes alguna pregunta? Gustosos te ayudaremos