Blog

Budget 2019: A Basic Breakdown

It’s that time of the year again – a brand new financial year, and a brand new government budget to go with it! On the 5th of March 2019, Hon. Mangala Samaraweera (the Minister of Finance of Sri Lanka) unveiled to us the budget set forth for the financial year of 2019, under his theme “Enterprise Sri Lanka: Empowering the People and Nurturing the Poor “.

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Constructing a Company Name – A Comprehensive Guide

Regardless of what product/service you may decide to base your company on, it’s evident that you will need to create a name for your company. But why is the company name so important – and how do you even come up with one? Are there specific guidelines that should be followed?

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Assembling The Articles Of Association

The articles of association are, quite true to its name, a mandatory set of documents created by the associates of a newly founded company, that specify the regulations for a company’s operations and defines a company’s purpose.

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Registering with Sri Lanka Customs: DECODED

Are you a local business holder hoping to reach out and sell your products to the foreign market? Better yet, an entrepreneur thinking of starting your own business by importing goods and retailing them here to your local customer base? Whichever category you may belong to, to get your business flowing you’ll need to sign up with the Sri Lanka Customs Department. Wondering how you can get yourself enrolled? Don’t worry, we’re here to guide you through the process!

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The Proposed Changes To The Tax System

Much to everyone’s surprise, the Former President of Sri Lanka, Mahinda Rajapaksa was sworn in as the new Prime Minister on 26th of October 2018. Upon his rise to power, amidst the backlash and social complications that have seen to be on the high, the new Prime Minister has given direction to implement a range of initiatives with which to revive the Lankan economy.

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