Ecuador Business

An essential aspect of conducting business in Ecuador is having a tie with a reputable local partner. Business dealings are somewhat formal; dress is usually smart and conservative, punctuality is important and greetings are made with a handshake. Dress can be more casual in hotter regions such as Guayaquil. Business cards are usually exchanged and it is recommended to have some business cards, company brochures and presentations translated into Spanish. Note that business disputes that would in countries such as the United States be dealt with by civil litigation are often, under Ecuadorian law, viewed as criminal, and can lead to arrest and imprisonment. Although the official language is Spanish, English is widely spoken and understood in the business sector. Business hours are usually 8.30am to 4.30pm Monday to Friday, with some businesses closing during lunch.

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