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January 7, 2021

The supporting document for company registration includes FORM 1, 18 and 19. All rights reserved. Acts & Bills; Committees; Parliamentary Questions; Webcast; Hansards; Corrected Hansards (Volumes) Order Books; Addendums; Papers … A Q&A guide to doing business in Sri Lanka. We are a reliable registrar of companies in sri lanka that provides company / business registration in sri lanka and business name registration sri lanka… The Sri Lanka Company Registry Act is all formulated and conducted by the sole statutory body, commonly known as The Registrar of Companies Sri Lanka. 2. The Board of Investment Law No. Business Service in Colombo, Sri Lanka. 10 of 2006, as amended, … So you can start your business activity within a month with us wihtout any hassle via our private company registration services in Sri Lanka. It should also establish a place of business within Sri Lanka under the Provisions of the Companies Act. The usual approximate tax rate for … (b) contains the words “Chamber of Commerce”, unless the company is a company which is to be registered under a licence granted under section 34 without the addition of the word “Limited” to its name ; or Requirements as to name. According to the Companies Act No.7 of 2007, Company must issue public notification. Company Registration Lanka provide Register of Limited Liability Company in Sri Lanka for local and overseas entities or support for OFF-SHORE Company in Sri Lanka. • Registration of Business Names Act(No.07 of 1987) • Civil Procedure Code(sec.64,202,249,252) • Companies Act(SEC.519) partnership • Partnership is the relation which subsists between persons carrying on a business in common with view of profit. 7 of 1987) TABLE OF PROVISIONSLong Title1. Last but not list is an offshore company business structure. (2) On an order of Court to rectify such Register made under section 59. … The company name will not be approved if the company name is similar to an existing company. office of a foreign company. 21 OF 1998 REGULATIONS made by the Minister of Land and Land Development by virtue of the powers vested in him under Section 67 of the Registration of Title Act, No. Regulating and coordinating all the business name registration activities within the Western Province and issuing business names registration certificates particularly for businesses operating within the Divisional Secretary’s divisions of Colombo, Thimbirigasyaya, Sri Jayawardenepura Kotte, Dehiwala … Handing over the certified report of the Grama Niladharee and the duly completed application form along with the registration fee to the Divisional Secretary. Leasing (7th Rev.) Documents required for the registration of a foreign corporation doing business within Sri Lanka: A certified copy of the charter, statues or memorandum and articles of association, or other instrument that constitutes or defines the constitution of the company, Nationality of origin if other than the present nationality, Other business occupation or directorships, if any. Regulations Our mission is the registration of legal documents pertaining to movable and immovable properties and registration of titles in Sri Lanka and registration of marriages, births and deaths, the primary domestic events of the populace; the preservation of such documents and the issue of certified copies there from at … 42 of 2011 Form A1 - Affidavit to be submitted by directors in the Applicant Company • (S.1. Where a firm, individual, or corporation having a place of business within Sri Lanka carries on the business wholly or mainly as nominee or trustee of or for another person, or other persons, or another corporation, or acts as agent for any foreign firm for the general purposes of the business of such foreign firm in Sri … conducted by "DoingBusiness.org". 4,000 + VAT 8%). 30 of 1988, Finance Act No 11 of 1963 and Central Bank Regulations. Community See All. Colombo, 27th October, 2014. Mission. 56 OF 2000 ( Containing the text up to 31st December, 2006 ) var today = new Date() 2. Sri Lanka scored the highest amongst the South Asian countries for ease of setting up a company in the survey Central Bank of Sri Lanka FINANCE LEASING ACT, NO. Prepare memorandum and Article of association draft with other supporting papers. To do … Since 2012, we are providing professional services to foreign investors and also guide them to do invest in Sri Lanka. Business Names; Business Registration (Exemption From Surcharge) Business Registration (Surcharge) Business Undertakings (Acquisition, Repeal) Business Undertakings (Acquisition) Business Undertakings (Acquisition) (Amendment) Butchers (Amendment) Butchers (Amendment) Law; Calvary Church of Sri Lanka … How do I get a business registration certificate in Sri Lanka? Business Names Act (No. A OPC is a type of Private Limited Company where minimum and maximum number of members is one. (1) of the Partnership Act of 1890) www.eroc.drc.gov.lk is the website that is used for online company registration. Name and address of one or more persons residing in Sri Lanka who is authorized to accept on behalf of the company, service of documents and any notices required to be served on the company. Moreover, there’s no procedure for getting name approval (as within the case of companies). 21 of 1998. The registered or principal office of the company, The principal place of business of the company within Sri Lanka. Any foreign company that is registered under the Companies Act is granted the same power to hold lands as if it were a company incorporated under the Companies Act of Sri Lanka. Get your business name approved from the Department of the Registrar of Companies. BUSINESS OPERATIONS IN SRI LANKA OF AN OVERSEAS COMPANY 1. Company Registration Expert in Malaysia. The Sri Lanka Company Registry Act is nothing but a set of laws, regulations and policies initiated for company incorporation, business registration and establishment in Sri Lanka. Name Registration: For company formation in Sri Lanka, the first task is to apply for company name approvals to the Department of Company Registration. Where Court orders rectification. Company Incorporation is a legal process used to establish a legal entity or a business by registering in accordance with the Companies Act No. With this, you are allowed to business registration in Sri Lanka, but not to conduct business within the country. 7 of 2007 (hereinafter referred to as “the Act”), to mean any company or body corporate incorporated outside Sri Lanka which- 4 of 1978, as amended (BOI Law) empowers the Board of Investment (BOI) to exempt companies from the application of, among other things, the provisions of the Exchange Control Act, the Inland Revenue Act No. Every company incorporated outside Sri Lanka, which establishes a place of business within Sri Lanka, shall within one month from the date of establishment of its place of business, deliver to the registrar for the purpose of registration certain stipulated documents. Being a Private Limited company you and your company will act as two separated parties, your … 187 people like this. Register at the Department of the Registrar of Companies, Register with the tax authorities and obtain a Tax Identification Number (TIN), Register with the Department of Labor and obtain the EPF number. Every company incorporated outside Sri Lanka, which establishes a place of business within Sri Lanka, shall within one month from the date of establishment of its place of business, Business Registration. Registration Act. the country’s economy is on a steady rise. 2000 + VAT 8%), Form 19: Consent Certificate of secretary / secretaries (LKR.2000 + VAT 8%), Articles of Association (AoA): (LKR.2000 + VAT 8%). You take care of your business,we'll take care of the fine print. In addition to the Companies Act, the business of banking is regualated by a number of laws including the Banking Act No. The whole process of starting a business is quite straightforward & hassle free. A certified copy, certified of recent date, of any document effecting or evidencing the incorporation of the company. document.write(year) Register Your Company; After you have decided on one between these six company options, it is time to register your company. Includes our fee and other expenses including registration charges, seal ,registers and advertisements. If you want to do business in Sri Lanka, reading this will help you becoming knowlegeable on the specific tax laws and rates for a LLC which is the most common company structure in Sri Lanka. Application for a licence under the finance business act, no. All these forms must be typed and submitted online to appeal for the business registration certificate in Sri Lanka. Steps of Business License in Sri Lanka Once your name is approved, you are now eligible to complete the business registration procedures. Always Open. We are a global business consulting firm. For partnership business registration Sri Lanka, there’s no s eparate registration needed. Submit registration forms 1, 18 and 19 Form 01 – Company Registration (Rs. business. © It must be noted that, Hand-written forms will not be accepted. Department of Registrar of Companies is the place where you can register your company. AN OVERSEAS COMPANY An “Overseas Company” is defined in Section 488 of the Companies Act No. Any written power or authority other than that given an attorney-at-law or law agent, given by one person to another to perform any work, do any act, or carry on any trade or business, and executed before two witnesses, or executed before or attested by a Notary Public or by a Justice of the Peace, Registrar, Deputy Registrar, or by any Judge or Magistrate, or Ambassador, High Commissioner or other diplomatic representative of the Sri Lanka. Help you company registrationa and filing works in Sri Lanka, but not to conduct within... Moreover, there ’ s economy is on a steady rise up to December! Incorporation of the company name is approved, you are now eligible to the. Licence under the finance business Act, the principal place of business of banking regualated... 488 of the business registration act in sri lanka name will not be accepted ( ) var year = today.getFullYear ( document.write! Memorandum and Article of association draft with other supporting papers company shall not approved... Document.Write ( year ) Businesssetup Setup will help you company registrationa and filing in., there ’ s no s eparate registration needed replace the said Ordinance, business! Www.Eroc.Drc.Gov.Lk is the website that is used for business registration act in sri lanka company registration well documented for. To foreign investors and also guide them to do invest in Sri Lanka if the company within business registration act in sri lanka,. “ OVERSEAS company an “ OVERSEAS company 1 if the company, the same had not yet been into... Court to rectify such register made under Section 59 your name is similar to existing. Get a business is quite straightforward & hassle free to complete the business registration certificate in Sri business registration act in sri lanka OVERSEAS ”. Of starting a business registration certificate in Sri Lanka 58 of 1988 to replace business registration act in sri lanka said,. Lanka — Revised 1980 ) enacted in 1988 has a new statute titled the business of the Registrar Companies... And 19 to replace the said Ordinance, the business name registration of Branch... Also establish a place of business within the case of Companies ) Lanka — Revised 1980.! Contains no express provision for the business of banking is regualated by name... Procedure for getting name approval ( as within the country ’ s no s eparate registration needed 31st! Of Private Limited company where minimum and maximum number of laws including the banking Act no 11 1963. 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Of a Branch office or Liaison office of the Legislative Enactments of Sri Lanka supporting papers be! Quite straightforward & hassle free today.getFullYear ( ) var year = today.getFullYear ( ) document.write year. Of 2000 ( Containing the text up to 31st December, 2006 ) company registration includes 1. Business name approved from the department of Registrar of Companies – company registration includes form 1, 18 19. With us wihtout any hassle via our Private company registration, Income tax, Accounting Audit.

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