News & Announcement

Bird News Bird Bird


Doing business in Sri lanka

   On January 29, 2015 by ADMIN

  • The process of setting up a business in Sri Lanka is simple and take only a few days.

  • A Company Formation take about 4-5 days from submission of application.

  • There are permitted areas where foreigners could own 100% of the equity a company and there are some other areas where foreigners could hold upto 49%.

  • There are restrictions on the ownership of land by foreigners or companies in which the foreigners own over 49% of equity. There are a few exemptions. However, foreigners can lease land upto 99 years.

  • There is a special vehicle – a “one stop shop” Board of Investment of Sri Lanka where Foreigners can get the necessary approvals to set up a business establishment which include duty free project related imports & tax concessions under the tax laws.

  • Visit the following web pages to get a comprehensive insight on doing business in Sri Lanka.

  • A Step by Step Guide to Doing Business in Sri Lanka – Issued by the Central Bank of Sri lanka.

Board of Investment of Sri Lanka – The one stop shop for Sri Lankan & Foreign Investors.
Inland Revenue Act, No.18 of 2013 & ]Inland Revenue (Amendment) Act, No.08 of 2014
Value Added Tax (VAT)…/Type%20of%20Taxes
Economic Service Charge (ESC)
Nation Building Tax(NBT)
Sri Lanka Customs Laws & Regulations –
Contact us for any further information or clarifications :

Social Social Social Social