Skip to main content

Quevedo & Ponce - Legal News

Buying a used vehicle in Ecuador: legal steps that cannot be omitted

The purchase of a used vehicle in Ecuador is not limited to a mere economic transaction, but rather constitutes a legal act that requires the new owner to strictly comply with certain legal and administrative obligations.

Before closing any negotiation, it is essential to carry out a preliminary verification of the vehicle’s legal and technical status. This includes verifying that there are no outstanding fines with the National Transit Agency (ANT) or the Metropolitan Transit Agency (AMT), as well as confirming that the vehicle is not subject to liens, seizures, or restrictions on transfer. Likewise, the current vehicle inspection and technical review must be requested and approved.

The purchase agreement must be formalized before a notary public through the acknowledgment of the buyer’s and seller’s signatures. Subsequently, the agreement must be registered with the Internal Revenue Service (SRI) and the ANT within a period of thirty (30) days.

Failure to comply with this deadline exposes the new owner to legal penalties consisting of a deduction of 1.5 points from the driver’s license and a fine equivalent to 5% of the unified basic salary.

To complete the process, the buyer must declare and pay 1% of the vehicle’s value to the SRI, pass the Vehicle Technical Inspection (RTV), and pay the administrative fees for the registration certificate duplicate and the transfer of ownership. Additionally, for the issuance of the new registration in the name of the new owner, a vehicle inspection to verify the engine and chassis numbers (imprints) is carried out as a prerequisite to the final procedure before the ANT, during which the notarized purchase agreement, identification document, original registration certificate, and proof of tax payments must be submitted.

Proper compliance with these steps ensures a valid transfer of ownership and helps prevent future legal contingencies.

At Quevedo & Ponce, we have extensive experience in civil and traffic law, providing comprehensive legal advice in vehicle purchase transactions, transfer of ownership procedures, and vehicle registration regularization, ensuring strict compliance with the applicable legal framework.

Más Artículos

S.A.S. and Sports Joint Stock Companies: New rules under the Organic Law of National Solidarity

S.A.S. and Sports Joint Stock Companies: New rules under the Organic Law of National Solidarity

The Organic Law of National Solidarity reinforce the restrictions applicable to Simplified Joint Stock Companies (S.A.S.) by expanding the list of prohibited activities — including mining and strategic sectors — to ensure that these entities remain focused on ventures with lower regulatory risk. Additionally, it introduces the Sports Joint Stock Company, a new legal form designed to professionalize the management of sports clubs and teams, subject to strict controls to prevent illicit activities.

Ecuador and the Netherlands Strengthen customs control and Intellectual Property protection

Ecuador and the Netherlands Strengthen customs control and Intellectual Property protection

The new Agreement on Mutual Administrative Assistance in Customs Matters between Ecuador and the Kingdom of the Netherlands, published in the Second Supplement of the Official Register No. 63 (June 19, 2025), strengthens efforts to combat smuggling, counterfeiting, and commercial fraud. Through information exchange and coordinated surveillance mechanisms, it also reinforces the protection of intellectual property rights, benefiting authorities, operators, and rights holders.

Lease Agreements in Ecuador: Legal Requirements for Formalization and Registration

Lease Agreements in Ecuador: Legal Requirements for Formalization and Registration

In Ecuador, lease agreements can be verbal or written, but the law requires a formal contract before a notary if the monthly rent exceeds the unified basic salary. Knowing these legal conditions is essential to protect both landlords and tenants and avoid legal risks.

Ecuador and the New Law on Intelligence: Toward a Safer or More Surveilled State?

Ecuador and the New Law on Intelligence: Toward a Safer or More Surveilled State?

Ecuador has taken a decisive step by enacting the new Organic Law on Intelligence, which aims to strengthen the State’s capacity to combat organized crime and threats to national sovereignty. However, the legal framework adopted raises serious concerns from a constitutional and human rights perspective.

Has your company remedied the grounds for dissolution? you may request its exclusion from the massive resolution and to continue operating legally.

Has your company remedied the grounds for dissolution? you may request its exclusion from the massive resolution and to continue operating legally.

The Companies Act allows to request the exclusion of a company from a massive dissolution resolution if the grounds for dissolution have been remedied and the resolution has not been registered before the Mercantile Registry. This alternative avoids to initiate a reactivation process and enables the company to maintain its legal standing. This article explains the circumstances under which this option may be exercised and the requirements that must be complied.

1 7 8 9 10 11 16