Version 13 - August 2025 (CUD release)
- Financial period: 12-Months (Annual)
- Current compliance until: Year End December 2025
- Target industry type: Services
Content update
This CUD release focuses on the legislative content changes for the period ending June 2025.
Legislative updates
Significant changes directly affecting the template for the notes to the company's financial statements are not anticipated. However, we would like to highlight the accounting regulations that will come into effect according to the dates mentioned:
- Amendments to IAS 21 – Absence of Convertibility - Annual periods beginning on or after January 1, 2025.
- Amendments to the Classification and Measurement of Financial Instruments – Amendments to IFRS 9 and IFRS 7 - Annual periods beginning on or after January 1, 2026.
- IFRS 18 Presentation and Disclosure in Financial Statements - Annual periods beginning on or after January 1, 2027.
- IFRS 19 Subsidiaries without Public Accountability: Disclosure Requirements - Annual periods beginning on or after January 1, 2027.
- Annual Improvements to IFRS - Volume 11 - Annual periods beginning on or after January 1, 2026.
The most significant updates for the year will pertain to disclosures regarding the country's economic situation and fiscal status (new laws or resolutions published up to the presentation of the financial statements).
Tax updates from January to July 2025.
- New Deadlines for the Submission of Tax Returns and/or Annexes - July 21, 2025
- Regulation of the Organic Law on National Solidarity for the Internal Armed Conflict - July 21, 2025
- Updates on Withholding Tax Declarations - July 14, 2025
- Guidelines for the Application of the Remission of Interests, Fines, Costs, and Surcharges - July 1, 2025
- New Regulations for Income Tax Applicable to the Transfer of Shares in Ecuador - July 1, 2025
- Reform Law to Ensure Labor Rights for Persons with Disabilities - July 1, 2025
- Provisions for the Cancellation of Sales Receipts, Withholding, and Supporting Documents - July 1, 2025
- New ARCOM Regulations: Mining Control Fees - June 27, 2025
- Organic Law on Public Integrity - June 26, 2025
- Reform of the List of Tax Havens - June 19, 2025
- Organic Law on National Solidarity - June 18, 2025
- Organic Law on Intelligence - June 13, 2025
- Reforms to Combat Age Discrimination in the Labor System - June 5, 2025
- Reforms to Labor Obligations for Employers in Ecuador - June 4, 2025
- Changes in the Annual Declaration of the ISD - June 2, 2025
- Ratification of the List under Ministerial Agreement No. 047 for ISD Rate Purposes - April 4, 2025
- Extension of the Deadline for 0% ISD Rate - April 1, 2025
- Special Emergency Contract - March 13, 2025
- Extension of Deadlines for VAT & RF Declaration January 2025 - March 5, 2025
- Exemption of VAT on Pet Food - February 3, 2025
- Changes to the Foreign Exchange Exit Tax - February 3, 2025
- Validity of the Double Taxation Agreement Ecuador – United Kingdom - January 30, 2025
- Inadmissibility of Severance Compensation - January 30, 2025
- Update of the Tax Havens Regime - January 29, 2025
- Tax Expenditure Ceiling for 2025 - January 15, 2025
- Eligibility for Compensation for Persons with Disabilities - January 10, 2025
- Requirement for ROTEF Annex for SEDPES - January 7, 2025
Is early adoption available for these accounting standards?
If permitted, please include the corresponding effects according to each regulation.
Related Content
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Ecuador
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