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New firm in Ecuador

UHY Fay & Co welcomes new member firm, Assurance & Services Auditores y Consultores CIA., LTDA., based in Ecuador to the global accountancy network UHY, of which our firm is the only member in Spain.

Established in 2004 and based in Quito, the capital of the Republic of Ecuador, the firm is led by Freddy Cevallos Bustamante, senior partner, and Edgar Ortega Haro, audit partner, supported by a team of 40 professionals. Principal services provided to both national and multinational clients include external audit, tax advice and consulting, transfer pricing, outsourced accounting and audit reviews to ensure compliance with norms on anti-money laundering and combatting financing of terrorism. Team members speak Spanish and English.

International contact partner, Freddy Cevallos Bustamante comments: “We are convinced that our association with UHY will support the growth of our organisation, both locally and internationally. The success of our work is based on our team’s high level of professionalism and our commitment to our clients. The needs of our clients are our priority, and we go the extra mile to support their growth and success.”

Bernard and Joseph Fay, founders and managing partners at UHY Fay & Co commented: “We are delighted Assurance & Services Auditores y Consultores CIA., LTDA., have joined the UHY network extending our coverage and capabilities in Latin America. With Ecuador’s rich oil resources and its ambition to become one of the key players in the region, combined with the firm’s strong regional market and sector expertise, we strongly believe that this presents a very good fit for our network.”

The firm will be operating under the UHY branding and will be known as UHY Assurance Services Auditors & Cia. Ltda.