Sponsorship Agreement between the Embassy of Spain in Ecuador and Mapfre for the National Holiday
28 Sep 2026Effective: 28 Sep 20262 views
Who is affected:
Embassy of Spain in Ecuador and Mapfre Ecuador; minimal impact on third parties
Summary
The Embassy of Spain in Quito signs an agreement with Mapfre Ecuador to sponsor the celebration of October 12, 2026 with a contribution of 750 dollars in services.
Detailed analysis
PRO
The Embassy of Spain in Quito enters into a patronage agreement with Mapfre Ecuador whereby the latter assumes an in-kind contribution valued at 750 USD for the National Holiday on October 12, 2026. The agreement is governed by Ley 49/2002 on tax incentives for patronage, which allows Mapfre to obtain tax benefits for …
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