Legal forms of philanthropic organizations included in the law: Foundation, corporation, national and foreign social organizations (including cooperatives, associations and foreign NGOs). Other: State organizations (social organizations founded by state institutions)
Five main social issues addressed by these organizations: Food, primary and high school education, basic needs, youth and family, housing and economic development, other (childhood)
Average time established by law to register a philanthropic organization: 31-60 days
The average time to register a PO is 50 days, depending on the timely submission of all required documents and the approval of the officer in charge of the case.
Average cost for registering a philanthropic organization: US$2,200
Based on Decree 16 signed by President Correa on June 4, 2013, there are two options to register corporations and foundations: 1) US$400 for first degree corporations; and 2) US$4,000 for second and third degree corporations or foundations. Legal costs are not included in these amounts.
Government levels primarily regulating the incorporation of philanthropic organizations: Central/federal government