Quevedo & Ponce - Noticias Legales

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

The Organic Law of National Solidarity, published in the Sixth Supplement of the Official Gazette No. 56 on June 10, 2025, is a public order regulation of nationwide application that establishes a special legal regime incorporating financial, tax, and security measures. Its purpose is to ensure the sustainability of the economic and financial system, to protect the civilian population, reinforce law enforcement forces, and the reactivation of economic of the affected areas.

In the corporate sphere, this law reaffirms and broadens key restrictions applicable to Simplified Joint Stock Companies (S.A.S.). It is important to note that, prior to this reform, the Companies Law already prohibited S.A.S. from engaging in activities related to financial operations, securities markets, insurance and other activities subject to special regulatory treatment under the law.

Now, through the Eighth Amending Provision of the Organic Law of National Solidarity, the unnumbered article titled “Prohibitions” in the Companies Law has been replaced, expressly expanding the scope of restricted activities. Under this reform, S.A.S. shall not develop operations in strategic sectors, mining, and related activities, in addition to the previously restricted areas.

This amendment does not introduce an entirely new prohibition but rather clarifies and reinforces the legal framework regarding activities incompatible with the nature of the S.A.S., reaffirming its role as a vehicle designed for business ventures with lower regulatory complexity and preventing its use in high-risk or public interest sectors.

Parallelly, the law introduces the Sports Joint Stock Company (S.A.D.), a new legal form aimed at professionalizing and strengthening the governance of high-performance sports clubs and teams. These are commercial entities allowed to operate for profit, whose capital is divided into negotiable shares. Shareholders are liable only up to the amount of their contributions. These companies may be established by contract or unilateral act and are subject to strict regulatory oversight to ensure the integrity of their operations and to prevent the infiltration of illicit practices, such as asset laundering or criminal economic activities. S.A.D. entities must comply with the provisions of the Sports Act, the Companies Law and the corresponding regulations.

At Quevedo & Ponce, we have extensive experience in corporate law and regulatory compliance. We assist our clients in the incorporation, transformation and legal assessment of corporate structures, ensuring full compliance with the current legal framework.

Más Artículos

Ministerio del Trabajo del Ecuador regula el Visto Bueno Laboral mediante Reglamento

Ministerio del Trabajo del Ecuador regula el Visto Bueno Laboral mediante Reglamento

Se ha expedido un nuevo reglamento para el trámite administrativo de Visto Bueno en Ecuador. Este reglamento establece procedimientos claros, plazos de apelación y prescripción, promoviendo transparencia y protección de los derechos laborales.

Avances en Notificaciones Electrónicas en Ecuador: Destacando la Resolución de la Contraloría General del Estado

Avances en Notificaciones Electrónicas en Ecuador: Destacando la Resolución de la Contraloría General del Estado

Las notificaciones electrónicas como forma de agilizar la gestión administrativa. La Contraloría General del Estado emite su propio reglamento.

Exposición Incidental de Obras de Arte en Medios Audiovisuales

Exposición Incidental de Obras de Arte en Medios Audiovisuales

¿Qué ocurre cuando una obra de arte se exhibe de manera no intencionada en un medio audiovisual? El Tribunal de Justicia de la Comunidad Andina se pronuncia al respecto.

Salvaguardar el Secreto Empresarial en el Ámbito de la Propiedad Intelectual en Ecuador

Salvaguardar el Secreto Empresarial en el Ámbito de la Propiedad Intelectual en Ecuador

El Secreto Empresarial comprende información confidencial clave para la competitividad y funcionamiento de una entidad, incluyendo aspectos tecnológicos, comerciales y financieros. La Propiedad Intelectual protege diversos elementos como marcas, patentes y obras creativas.

Entrada en vigencia de la Ley Orgánica Para la Igualdad Salarial entre Mujeres y Hombres

Entrada en vigencia de la Ley Orgánica Para la Igualdad Salarial entre Mujeres y Hombres

El 19 de enero de 2024, la Ley Orgánica para la Igualdad Salarial entre Mujeres y Hombres fue publicada en el Suplemento del Registro Oficial Nro. 481, estableciendo disposiciones de relevancia para el ámbito laboral.

1 15 16 17 18 19 25

Contáctanos

Tienes alguna pregunta? Gustosos te ayudaremos