📞 +94 770117760
📞 +94 770117760
Starting a company in Sri Lanka should not become a frustrating process of submitting forms, waiting for approvals and trying to understand why an application has been returned. From choosing the right company name to preparing professional incorporation documents, submitting Beneficial Ownership information and dealing with ROC corrections, every stage needs to be handled carefully….
Introduction Sri Lanka has introduced a new Beneficial Ownership (BO) disclosure framework as part of recent amendments to company law. The purpose of this initiative is to increase corporate transparency, strengthen anti-money laundering measures, and ensure that the individuals who ultimately own or control companies can be identified by regulators and relevant authorities. Under the…
Tax Clearance for Company Liquidation in Sri Lanka When a company decides to cease operations or formally close its business activities in Sri Lanka, obtaining proper tax clearance from the Inland Revenue Department (IRD) becomes an important part of the liquidation and deregistration process. In many situations, the Registrar of Companies (ROC) may require confirmation…
