Company Registration in Sri Lanka
Launching a business in Sri Lanka has never been easier!
Whether you're a local entrepreneur or a foreign investor, navigating the registration process can be complex. At Vsoft Technologies, we simplify this journey, guiding you through every step to ensure a smooth and successful business setup. Our expertise in Sri Lankan business regulations helps you save time, avoid costly mistakes, and stay compliant with local laws.
Why Register Your Business with Us?
Expert Guidance
Our experienced team understands the intricacies of Sri Lankan business laws and registration processes, ensuring that you’re well-informed and fully compliant.End-to-End Support
From selecting the appropriate business structure to completing the registration paperwork, we handle all the details so you can focus on launching and growing your business.Fast & Reliable Service
We are committed to providing efficient services that minimize delays, helping you get your business registered quickly and correctly.Custom Solutions for All Business Types
Whether you're starting a sole proprietorship, partnership, or limited liability company, we tailor our services to fit your unique business needs.
Our Business Registration Services
We help you secure your preferred business name by checking its availability and reserving it with the relevant authorities.
Our team prepares all necessary documents, including Articles of Association, Form 1, Form 18, and Form 19, ensuring accuracy and compliance with legal requirements.
- We manage the entire incorporation process, submitting your documents to the Registrar of Companies and following up to ensure quick processing.
Assistance with Taxpayer Identification Number (TIN) registration and setting up for VAT if required.
We guide you in setting up a local business bank account, providing documentation and support for a seamless process.
Our support doesn’t stop at registration. We offer ongoing compliance services, including annual returns, tax filings, and other regulatory requirements.
Benefits of Registering Your Business in Sri Lanka
- Strategic Location: Situated at the crossroads of major shipping routes, Sri Lanka provides easy access to key markets in Asia, the Middle East, and Europe.
- Investment Opportunities: The government offers incentives for foreign investments, making Sri Lanka an attractive destination for businesses.
- Tax Benefits: Various tax exemptions and reductions are available for specific industries and export-oriented businesses.
- Access to Skilled Workforce: Sri Lanka has a well-educated and skilled workforce, ideal for businesses across sectors.
FAQs
In Sri Lanka, you can register various business structures, including a sole proprietorship, partnership, private limited company (Pvt Ltd), public limited company (PLC), and branch office for foreign companies. Each structure has different requirements and implications, which we can help you navigate.
The registration timeline can vary based on the business structure and the documentation process. Generally, it takes 1-2 weeks for a sole proprietorship or partnership and 2-4 weeks for a private limited company, assuming all required documents are in order.
Basic documents include the Articles of Association, Form 1 (Incorporation Form), Form 18 (Directors’ details), and Form 19 (Company Secretary details). For sole proprietorships, personal identification and proof of address may suffice. We provide full support in preparing and submitting all necessary paperwork.
Yes, for a private limited company in Sri Lanka, at least one director must be a local resident. We can advise on structuring your company to meet this requirement while aligning with your business goals.
Yes, we provide assistance with Taxpayer Identification Number (TIN) registration and VAT registration if applicable. We also guide you through the process of setting up a local bank account for your business.
Company name reservation is the first step in the registration process. We conduct a name availability check and submit the required forms to reserve your chosen name with the Registrar of Companies.
Ready to Establish Your Business in Sri Lanka?
Fill out our contact form or reach out to us to schedule a free consultation. Let’s make your business goals a reality in Sri Lanka!