21/10/2024
Navigating the process of Private Limited Company business registration in Sri Lanka, both for local and foreign clients, becomes seamless with our "Corporate Compass" service, guiding you every step of the way.
Private Limited Company Business Registration in Sri Lanka
As a local or foreign entrepreneur, setting up a Private Limited Company in Sri Lanka can be a straightforward, structured process. Our "Corporate Compass" ensures that you smoothly sail through all legal and procedural formalities, no matter where you're starting from
Local Registration:
1. Name Approval: The journey begins by choosing a distinctive name for your company. You can check the availability of the name on the Registrar of Companies (ROC) website. Once you’ve found the perfect name, it must be reserved with the ROC, and this reservation remains valid for 3 months.
2. Submitting Required Documents: You’ll need to submit:
o Form 1: Company Registration Form
o Form 18: Consent and Certificate of Director
o Form 19: Consent and Certificate of Secretary
o Articles of Association (either the standard Articles from the Companies Act or your own customized version)
All forms need to be generated through eROC platform, ensuring a professional submission.
3. Issuing of Certificate: Once all documents are duly submitted and approved, you will receive the Certificate of Incorporation via eROC platform, marking the official beginning of your company's journey.
Tax Registration:
Once your business is registered, our "Corporate Compass" assists you in registering with the Department of Inland Revenue (DIR) to obtain a Taxpayer Identification Number (TIN), essential for all companies operating in Sri Lanka.
Why Choose Us?
At "Corporate Compass," we understand that business registration can be overwhelming, especially for foreign investors. With our expertise, we streamline the process for local and foreign clients, providing full guidance from name registration to tax compliance. Our aim is to offer a hassle-free, clear path to success in the Sri Lankan market.
Let our "Corporate Compass" steer your business toward success—whether you're just starting locally or looking to expand internationally. Reach out today for a free consultation!