Have you heard about the Asset Annex filing requirement for Ecuador?
It is mandatory for any of you who had assets in Ecuador and abroad from Jan 1, 2021 to December 31, 2021, including property inside and outside of Ecuador, all investments and bank accounts inside and outside of Ecuador of $200,000 or more; $400,000 for married couples. No need to pay taxes but you must file to avoid fines. This is due in May as part of an agreement to share information between the US and Ecuador that was signed in 2021, but has just been extended to December, 2022 .
There are some things that need to be done before filing in May, such as getting your SRI password and getting your computer set up to download and process the required forms.
The SRI, through resolution No. NAC-DGERCGC22-00000019 has extended the filing date for the Asset Annex for 2021 to December, 2022.
To check the new calendar dates and resolution, please visit,
AccroCorp.com where you will also find legal information regarding this obligation
Jessica CPA: email@example.com .