Corporate Law

Corporate law regulates business entities, which are established through a contract or unilateral act, where partners contribute capital for profit-making purposes.

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What is it? When do I need a lawyer?

It is essential to ensure compliance with the rights and obligations of all partners or shareholders, as well as to protect their interests and the company's capital, to guarantee business stability and success.

A corporate law specialist is equipped to guide clients in all matters related to corporate operations and provide legal support in the decision-making processes of the company.

Derecho Societario Ecuador Ablitco Abogado Jurídico

What do we offer?

We offer a wide range of services, including the incorporation and registration of companies, assistance with mergers, acquisitions, spin-offs, transformations, capital increases, capital reductions, share transfers, assignment of partnership interests, dissolution and liquidation, as well as the implementation of good corporate governance practices, resolution of partner disputes, and ongoing advisory services. Our approach focuses on providing personalized legal support to promote the sustainable growth of your business in the dynamic world of commerce.

Additionally, we handle the drafting of shareholder/partner agreements, internal regulations, shareholder protocols, meeting minutes, bylaw amendments, and other essential documents for the comprehensive legal management of your company.

When to hire an expert in Corporate Law?

If you are considering forming a commercial company in Ecuador and need guidance on which type of company best suits your business needs, it is essential to have the legal support of an expert corporate lawyer. This professional will provide detailed advice on the obligations that the company, shareholders or partners, and administrators must fulfill, depending on the type of company you choose.

 

Furthermore, consulting regularly with a corporate lawyer during strategic decision-making and corporate actions is highly recommended to prevent potential disputes that could impact the company's development.

Frequently Asked Questions

A company is a legal entity that allows individuals or entities to come together to conduct commercial activities under a formal organizational structure. Establishing a company is necessary when seeking to limit the personal liability of owners, access structured financing, and establish a clear structure of ownership and management to operate formally and in accordance with the law.

Ecuador, through the Companies Law, recognizes and regulates the following types of commercial companies:

  • General partnership
  • Limited partnership with shares
  • Limited liability company
  • Public limited company
  • Mixed economy company
  • Simplified stock corporation.

The choice of company type depends on factors such as business size, number of partners, capital investment, and desired responsibilities. Consulting with a specialized corporate lawyer in Ecuador is essential for making the best decision based on specific business circumstances.

To establish a company in Ecuador, it is essential to draft the bylaws and select the most appropriate corporate structure. Subsequently, the company must be registered with the Commercial Registry or the Companies Registry under the Superintendency of Companies, appoint legal representatives, and obtain the necessary permits based on the economic activity. Specialized legal advice is recommended to ensure compliance with all legal requirements, which may vary depending on the type of company chosen.

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