Sri Lanka’s tax landscape is undergoing significant changes with the government’s latest tax reforms, announced on December 18, 2024. These reforms aim to address fiscal challenges, increase government revenue, and ease social pressures. Whether you’re an individual...
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A guide to Simplified Value Added Tax (SVAT)
Updated 2024 Let’s face it, Sri Lanka’s VAT and SVAT regulations aren’t the easiest to understand. Most folks have advisors or accountants to help them navigate through the clutter. But, if you’re a newbie, you may not have all the necessary tools at your...
How to get your Tax Identification Number in Sri Lanka
Updated 2024 You have your business idea, your company is registered, and now, you’re trying to figure out how to get a Tax Identification Number in Sri Lanka for your company. You’re just a few steps away from running a fully functional business! We’ll take you...
FAQ
Frequently Asked QuestionsCompany RegistrationWe will do all the processing work for you. To fill out the documents needed to register your business, we would need the following information from your end: Name of the Company Number of Directors Distribution of Shares...
How to come up with business ideas in Sri Lanka + 5 great small business ideas
Have you ever wondered what it would feel like to own your own business in Sri Lanka? Have you been dreaming of escaping the 9 - 5 life, but struggle with figuring out which business ideas in Sri Lanka have the best returns? Well, if this sounds like you -...
Labour Law in Sri Lanka – An Easy Guide to the Shop and Office Act
As an employer, it’s your duty to do right by your employees. Here’s the problem though - you can’t make sure you’ve got all your bases covered unless you know all the rules you need to play by. But, how do you keep track of all the labour laws? This is...
Form 13 – How to Change Your Registered Office Address
When you’re running your company, you might at one point need to change its business address. You might want to do this because: You have initially registered your business through your home address. Now that your business has grown, you might be wanting...
Company Liquidation – What you need to know about
A company cannot be brought to an end in a single thought by an owner. There is a specific procedure one need to follow upon closing a company. Below guide will explain the procedure of closing up a company.