How To Register Small Business In Sri Lanka
Regulating and coordinating all the business name registration activities within the western province and issuing business names registration certificates particularly for businesses operating within the divisional secretary s divisions of colombo thimbirigasyaya sri jayawardenepura kotte dehiwala and ratmalana are carried out by this department.
How to register small business in sri lanka. The procedure of setting up a business in sri lanka is straight. However for starting a business in sri lanka you need to come up with some strategy and plan. Instead it involves very quick and easy steps you can complete in a matter of days. Business registration in sri lanka. 2 000 vat 8.
How to start a company in sri lanka sinhala. To get a business loan from a local bank you need to first have a registered business and even then it has to be in operation for at least 6 months. Here i m talking about personal loans. The proper sinhala term is තන ප ද ගල ව ය ප ර thani pudgala vyaapaara is th. This article is going to describe things that you need to overcome to establish a business in sri lanka.
If you are planning to start a business here here is the right place. The main point of contact with the government to register a individual person business i am just rough translating here i am not aware of the proper english term. How do i get a business registration certificate in sri lanka. Sri lanka is without doubt one of the easiest countries to set up a business in. Submit registration forms 1 18 and 19 form 01 company registration rs.
Before starting this business know the process and learn from a professional event management program or work in event management company for an experience. There are several types of business structures offered by authorities for startups in sri lanka. If you are the next one looking forward to starting a company here find below the options to be explored. Form 18 consent and certificate of director rs. Once you register a company by approving your business name from the registrar of companies submitting registration forms 1 18 19 to the roc submitting articles of association to the roc giving public notice about company incorporation you will receive the business registration certificate brc in two three weeks.
4 000 vat 8. Besides you also need to have a clear idea of the company registration procedure. As small business in sri lanka you might start homemade food business as following ideas. Get your business name approved from the department of the registrar of companies. Setting up a business in sri lanka does not entail a long and tedious procedure as is the case for many asian countries.