New Company registration in Sri Lanka– And Step By Step Guide
New company registration in Sri Lanka
Starting a business is also a dream however losing your personal assets that support you and your family area unit a reality which reality might transform a nightmare if your business doesn’t estimate, you’re sued, or another unforeseen loss. By registering your business, your business assets and liabilities area unit separated from one another. There area unit several different reasons to include except for the protection of you & your family is also the foremost necessary.
If you’re beginning call at business, or perhaps if area unit established and incorporated and you wish to call your business one thing apart from your forename, you’ll got to register for a “Doing Business As” name, additionally called a DBA, trade name, or alias.
When you type a business, its legal name forever defaults to the name of the person or entity that owns the business, unless you decide on to rename it and register it as a DBA name. A guarantee of protection for your distinctive business name — which can be a key propellant of your selling drive; and,
– getting Licenses and Permits
– Register with the administrative body Department and Tax Authorities
– gap a checking account or choosing bank facilities for business needs
There area unit several legal entities you’ll be able to go along with once registering your business, we’re planning to be talking regarding personal restricted corporations here in the main as a result of
Obtaining approval for your name – For new company registration in Sri Lanka
Searching for a singular name is done on-line via the web site of the Department of the Registrar of corporations. we tend to advocate grabbing a site name for your company similar to the one you registered your name for. we tend to in person use Lankahost to shop for all our .lk domains and Godaddy for our international domains & hosting.
The company name reservation is valid for three
Submitting company registration forms – For new company registration in Sri Lanka
After getting the name approval, submit type No. 1, 18, and 19.All forms ought to be written or written. (Section 475). written forms won’t be accepted.
We’ve gone ahead and connected the forms to create it easier for you.
Form one – Company Registration (Rs. 4,000 + VAT 15%)
Form eighteen – Consent and Certificate of Director (Rs. 2,000 + VAT 15%)
Form nineteen – Consent and Certificate of Secretary/Secretaries (Rs. 2,000 + VAT 15%)
Submit Articles of Association – For new company registration in Sri Lanka
A company can be adopt their quality set up Articles of Association in Table A of the businesses Act of Sri Lanka or draft its own Articles of Association. You want to submit two copies.
Give public notice of incorporation – For new company registration in Sri Lanka
After everything else is finished, the ultimate procedure is to present public notice. this is often typically done by business enterprise alittle promotional material on the native papers. this could embody the corporate number & the name of the corporate. still because the Registered workplace address of the corporate. this could air a minimum of one issue of the Gazette; and in a minimum of one issue of a daily newspaper within the Sinhala, Tamil & English languages, current within the space of business.
Total Fee Structure – For new company registration in Sri Lanka
Please contact with us for details.
Getting started – For new company registration in Sri Lanka
As a Registered company secretary, S & F consulting firm limited is capable of registering your new company for you. As a public service giving for all startups businesses in Sri Lanka.