In the month of December, taxpayers must fulfill the following:

Tax Obligations:

• Declaration of Value Added Tax (VAT). (*)
• Declaration of Income Tax Withholding. (*)
• Declaration of Outflow Tax (ISD). (*)
• Declaration and Annex of Special Consumption Tax (ICE). (*)
• Annex International Currency Movement (MID). (*)
• Simplified Transactional Annex (ATS). (**)
• Annex to the Report on Operations and Financial Economic Transactions (ROTEF).
• Foreign Assets Tax Declaration.
• Commercial Registrar Annex (REM).
• Notary Annex (NOT).
• Property Registrar Annex (REP).

Notes:

(*) Special taxpayers must submit and pay their declarations by the 11th day of each month, while other taxpayers will follow the ninth digit of their Taxpayer Identification Number (RUC). If the submission date falls on mandatory rest days or holidays, it will be moved to the next working day.

(**) The maximum submission date will be the following month based on the ninth digit of the RUC as follows:

Corporate Obligations:

• Payment of the second installment of the annual contribution to the Superintendency of Companies, Securities, and Insurance.
• Submission of information to the administration by foreign companies, partners, or shareholders.

Laboral Obligations:

• Payment of the thirteenth salary.

In the month of October, taxpayers are required to fulfill the following tax obligations:

• Declaration of Value Added Tax (VAT). (*)
• Declaration of withholding tax on income. (*)
• Declaration of Outflow Tax (ISD). (*)
• Declaration and Annex of Special Consumption Tax (ICE). (*)
• Annex International Currency Movement (MID). (*)
• Simplified Transactional Annex (ATS). (**)
• Annex to the Report on Operations and Financial Economic Transactions (ROTEF).
• Foreign Assets Tax Declaration.
• Commercial Registrar Annex (REM).
• Notary Annex (NOT).
• Property Registrar Annex (REP).

Notes:

(*) Special taxpayers must submit and pay their declarations by the 11th day of each month, while other taxpayers will follow the ninth digit of their Taxpayer Identification Number (RUC). If the submission date falls on mandatory rest days or holidays, it will be moved to the next working day.

(**) The maximum submision date will be the following month based on the ninth digit of the RUC as follows:

In the month of August, taxpayers must comply with the following tax obligations:

• Simplified Transactional Annex – Semiannual Simplified Transactional Annex for RIMPE

Registration by individuals and companies of the Simplified Transactional Annex, which will include monthly information on purchases or acquisitions, sales or income, exports or income obtained from abroad, canceled vouchers, and withholdings related to the business activity. The annex for the months of January to June must be submitted by August according to the ninth digit of the Tax Identification Number (RUC in Spanish).

• Registration of the semiannual VAT declaration by RIMPE – Entrepreneurs

From August 10 to August 28, based on the ninth digit of the RUC (Tax Identification Number), taxpayers subject to the regime “RIMPE – Entrepreneurs” must submit the VAT declaration for the first semester of the fiscal year 2024 (January to June).

• Payment of the Rural Property Tax

By August 16^th, individuals and companies who own properties located within the limits of rural areas must pay the second installment of the Rural Property Tax to the respective municipality where the property is located.

• Payment of Motor Vehicle Tax

Owners of private vehicles with a license plate ending in seven (7) must make the payment of the Vehicle Tax (IVM) by August 31 at financial institutions authorized by the IRS.

Additionally, taxpayers must comply with the rest of the monthly tax obligations according to the ninth digit of their RUC:

• Declaration of Value Added Tax (VAT).

• Declaration of Withholding Tax at Source.

• Declaration of the Foreign Currency Outflow Tax.

• Declaration and Annex of the Special Consumption Tax.

• Annex Report of Economic Financial Operations and Transactions.

• Annex International Currency Movement.

• Declaration of Foreign Assets Tax.

In September, taxpayers must comply with the following tax obligations:

• Payment of Royalties for Mining Activities:

Between September 10 and 28, based on the ninth digit of the RUC, holders of mining rights must declare and pay royalties for mining activities for the first half of 2024 using Form 113.

• Annex of Transactions with Related Parties

Taxpayers who have engaged in transactions with related parties amounting to more than three million dollars must submit the Annex of Transactions with Related Parties and the Transfer Pricing Report for the fiscal year 2023, between September 10 and 28, based on the ninth digit of the RUC.

Failure to comply with this obligation or incorrect submission will result in a penalty of up to USD 15,000, depending on the taxpayer classification assigned to the entity.

• Payment of Motor Vehicle Tax:

By September 30, owners of private vehicles must make the IVM payment to financial institutions authorized by the SRI if the last digit of their license plate is 8.

• Payment of the contribution of 1 per 1000 on real assets:

By September 30th, companies subject to the Companies Superintendency control and supervision must pay at least 50% of the annual contribution of 1 per 1000 on real assets. If they do so, they will have the right to pay the remaining 50% by December 31, 2024.

To benefit from this, companies must be in active status and up to date with their corporate contributions. Companies can submit their request through the Superintendency’s website and must make the payments according to the options available on the website.