Ecuador
EOR Rate
$649
/month per employee

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Country Snapshot

Currency

USD

Timezone

UTC-5

Minimum Wage

482 USD/Month

Payroll Frequency

Monthly

Employment Type

Full-time

Ecuador is a South American economy focused on agriculture, energy, and export-oriented industries.

General Information

CapitalQuito
Population18,289,896
TimezoneUTC-5
Official LanguageSpanish

Employment Laws

Working Hours40 hours/week
Minimum Wage482 USD/Month
Probation PeriodUp to 90 days
Notice Period30 days

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Leave Entitlements

Annual Leave15 days
Public Holidays10 - 12 days
Sick LeavePaid
Maternity Leave12 weeks
Paternity Leave10 days

Social Security

Employer Rate12%
Employee Rate9%

IESS (Ecuadorian Social Security Institute)

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Taxation

Corporate Tax22% - 25%

Surcharges may apply

Termination Rules

Strict termination rules

Bonus Requirements:

Mandatory profit sharing

Additional Information

Under an EOR model in Ecuador, employment is governed by strict labor regulations with mandatory benefits and social security contributions. Payroll processing must reflect statutory bonuses and deductions. Termination without valid grounds may trigger severance and penalties. Regulatory enforcement is active. An EOR ensures compliant payroll and labor administration.

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