Are you planning to start a new business in Sri Lanka? We, at Simplebooks, are here to make things more easy for you! Starting a business is no easy feat; it is more than ticking boxes and completing forms. It is about chasing your dream,...
Efficient bookkeeping practises usually means that your Private Limited Company is safe from government penalties. Well-kept books also means that the company is both tax and investor ready.But, how do you make sure that your books are accurately...
When you’re looking to bring in new investors to your business, increase your percentage of shares, or even exit a company - one of the main things you will look to do is either issue or transfer shares. Obviously, there are a lot of other scenarios in which...
Registering your company is by far one of the most important and basic steps of starting your own business.
In simple terms, a corporation is a company that registers itself apart from its owners. It’s a literal shield from angry bankers trying to get to your personal belongings. This is why Private Limited Companies are well preferred.
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.
If you’re just starting out your venture, you’re low on cash, and just need to get started a Sole Proprietorship is probably your best bet. Sole proprietorship business in owned by one person. Because of this, there are many sole proprietor businesses than other forms of businesses. Many businesses that later become large corporations start out as small proprietorships.
Planning to begin a partnership business in Sri Lanka? Are you having difficulties knowing how to register the trademark? Here you will find all the information you require about forming a partnership, registering, what you gain and lose, preparing a partnership...
The Government has recently introduced “eROC”, a service where you can register your business online, instead of visiting the DRC to submit the forms, one by one.