The Company registration in Sri Lanka and setting up a company in Sri Lanka those process is are same. Sri Lanka scored the very best amongst the South Asian countries for simple putting in a corporation within the survey conducted by “sfconsultingbd.com”. The country has a longtime, well documented method for putting in a business.
- Every company incorporated outside Sri Lanka, that establishes an area of business at intervals Sri Lanka, shall at intervals one month from the date of firm of its place of business, deliver to the registrar for the aim of registration sure stipulated documents.
- The corporations Act contains no categorical provision for the registration of a Branch workplace or Liaison workplace of a remote company.
- Any foreign company that’s registered underneath the businesses Act is granted a similar power to carry lands as if it were a corporation incorporated underneath the businesses Act of Sri Lanka.
- Documents needed for the registration of a remote corporation doing business at intervals Sri Lanka:
- A certified copy of the charter, statues or memoranda and articles of association, or different instrument that constitutes or defines the constitution of the corporate
- A list of the administrators of the corporate together with following information:
o Nationality of origin if apart from the current status
o Usual residential address
o Other business occupation or directorships, if any
- Name and address of 1 or additional persons residing in Sri Lanka WHO is permitted to just accept on behalf of the corporate, service of documents and any notices needed to be served on the corporate.
- A statement containing the total address of:
o The registered or principal workplace of the corporate
o The principal place of business of the corporate at intervals Sri Lanka
- A certified copy, certified of recent date, of any document effecting or evidencing the incorporation of the corporate.
Process of putting in a replacement Business:
- Reserve a novel name
- The company secretary to sign a consent
- Register at the Department of the Registrar of corporations
- Public notice of incorporation
- Register with the tax authorities and acquire a Tax number (TIN)
- Register with the Department of Labor and acquire the EPF variety
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