The Ecuadorian Internal Revenue Service (SRI) has issued resolutions (NAC-DGERCGC21-00000029 and NAC-DGERCGC21-00000011) to integrate tax control with the supervision of anti-money laundering actions, through direct collaboration with the Financial and Economic Analysis Unit (UAFE).

Key aspects of the reform:

  • UAFE Identification in the RUC: The RUC certificate now includes a field indicating whether the taxpayer is required to report financial transactions to the UAFE, enhancing the transparency of fiscal information.
  • Automatic RUC Suspension: Taxpayers who do not obtain their UAFE Registration Code within 30 business days from the opening or update of their RUC may have their registration suspended ex officio, creating an incentive for timely compliance.
  • Reactivation via UAFE Certificate: Reactivation of a suspended RUC requires submission of a Certificate of Compliance issued by the UAFE, ensuring that taxpayers are current with both their fiscal and financial obligations.

Through these measures, Ecuador strengthens the integration of its tax and financial systems, raising standards of control, transparency, and the prevention of economic crimes, while consolidating a more robust legal framework for comprehensive taxpayer supervision.