Ecuador

Ecuador has many specifics that you have to be aware of. Since 2000 the state has no longer its own currency. The US Dollar is since then used.
Even though the fact that Ecuador is the fourth poorest country of South America, the state of Ecuador was able to reduce the inflation since 2003. Referring to SAP there were not many changes made in the last years. The transformation to 8-digit postal codes is the only big variation since about 2 years. According to tax law Ecuador is compared to the other South American countries very easy to handle. Notwithstanding experts say that since the implementation of the US Dollar, the fiscal policies are the only way to intervene amendatory in the economic circuit.