What should be taken into account before importing to Ecuador

What should be taken into account before importing to Ecuador

Importing products from China or the United States has become a viable option for many people who want to generate a profitable business, while collaborating with the development of a country. The demand for items that are not found in the national market is increasing day by day and that is where the opportunity to undertake can arise. Lo que se debe tener en cuenta antes de importar a Ecuador Lo que se debe tener en cuenta antes de importar a Ecuador

Below we will tell you a few tips on how to prepare more quickly for this job step.

'Couriers' estimate that importing under 4x4 will cost between 15% and 60% less due to elimination of the $42 fee

import vehicles

These products purchased online can be brought as a 4x4 package without paying the $42 fee

More than 600,000 annual shipments will be able to benefit from the elimination of the $42 rate for 4x4 packages

Me, an importer?

Yes, believe it or not, it is important to note that from the beginning, every natural or legal person, Ecuadorian or foreigner living in the country, has the opportunity to import items from different parts of the world. Either with the application of 4x4, specific taxes or commercially; with the help of an importer registration in the Ecuapass system that is approved by the National Customs Service of Ecuador.

Keep an eye on the market

According to LaarBox, this is an important step to become a successful entrepreneur, since it will allow you to know the market you want to focus on both as an import business and as a consumer or even as a target audience, in this way you will be able to stock up on the products that your target require.

Lo que se debe tener en cuenta antes de importar a Ecuador

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Define your type of business

With a perspective of the market you want to focus on, it is vital that you get involved and investigate what type of business would have the greatest impact on your consumers; Find out what products you would import to fill a void or create satisfaction. For this you must take into account your skills and specialties to also find the best product to import.

Do not forget the requirements to be an importer

You must complete a series of points to be a true importer:

1. Obtain the Unique Taxpayer Registry (RUC) issued by the Internal Revenue Service (SRI).

2. Obtain the digital Certificate for the electronic signature and Authentication granted by the Central Bank of Ecuador and Security Data at http://www.eci.bce.ec/web/guest and http://www.securitydata.net.ec

3. Register in the Ecuapass Portal: http://www.ecuapass.aduana.gob.ec

4. Through a Customs agent, the merchandise clearance procedures will be carried out, who will advise the importer which merchandise can or cannot be imported, as well as the respective requirements that the product must meet according to the requirements established by law. .

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Import to consumption

You must take into consideration that your products must enter under import for consumption, that is, you must nationalize the foreign merchandise that enters the country for its free disposal, use or definitive consumption, once the respective payment of taxes has been made and ordered the release of these by the capacity official.

What products can I and cannot import?

It should be analyzed which products in Ecuador have a greater demand and what costs would be imported for a greater benefit.

For this reason, we present a small list of the main import products in Ecuador:

On the other hand, the restrictions that the country has regarding objects that cannot enter its territory must be taken very seriously, so we suggest that you seek advice from specialists so that your products are not returned. These are some of the ones that do not allow entry:

The waiting time...

There are different processes behind it, before knowing the estimated time in which your import will arrive in the country, you must know where it is coming from, and that the different processes have specific descriptions, says Laarbox. We specify them below: