Entity Selection and Advisory

Providing expert guidance on choosing the most suitable business structure including Private Limited Companies, Public Limited Companies, Branch Offices, and Subsidiaries. Analyzing business objectives, tax implications, liability considerations, and operational requirements to recommend the optimal corporate structure. Advising on ownership structures, shareholding patterns, and capital requirements based on your business goals.

Feasibility Assessment

Conducting preliminary assessments of business viability and regulatory requirements for your industry sector. Identifying any sector-specific licenses, approvals, or restrictions that may apply to your business activities. Providing insights into market conditions and strategic considerations for business establishment.

Entity Selection and Advisory

Providing expert guidance on choosing the most suitable business structure including Private Limited Companies, Public Limited Companies, Branch Offices, and Subsidiaries. Analyzing business objectives, tax implications, liability considerations, and operational requirements to recommend the optimal corporate structure. Advising on ownership structures, shareholding patterns, and capital requirements based on your business goals.

Feasibility Assessment

Conducting preliminary assessments of business viability and regulatory requirements for your industry sector. Identifying any sector-specific licenses, approvals, or restrictions that may apply to your business activities. Providing insights into market conditions and strategic considerations for business establishment.

Registration with Authorities

Filing incorporation documents with the Registrar of Companies and obtaining the Certificate of Incorporation. Registering the company with the Inland Revenue Department for tax identification. Coordinating with the Department of Registrar of Companies to ensure smooth processing and approval.

Statutory Compliance Setup

Establishing statutory registers including registers of members, directors, secretaries, and charges. Preparing initial board resolutions, share certificates, and corporate documentation. Setting up the company seal and ensuring proper custody of statutory records.

Banking and Financial Setup

Assisting in opening corporate bank accounts with leading banks in Sri Lanka. Providing necessary corporate documents and certifications required by financial institutions. Advising on banking relationships and financial management structures.

Board of Investment (BOI) Registration

Guiding foreign investors through BOI registration for eligible business activities and investment projects. Assisting with applications for tax incentives, duty exemptions, and other investment benefits. Coordinating with BOI officials to expedite approval processes.

Foreign Ownership Compliance

Advising on foreign ownership restrictions and requirements under Sri Lankan law. Ensuring compliance with exchange control regulations and foreign investment guidelines. Facilitating necessary approvals from the Department of Exchange Control when required.

Business License Acquisition

Identifying and obtaining required business licenses based on your industry and operational activities. Coordinating with Municipal Councils and local authorities for trade licenses and operational permits. Ensuring compliance with sector-specific regulatory requirements.

Regulatory Approvals

Securing approvals from relevant regulatory bodies such as the Securities and Exchange Commission, Central Bank, or industry-specific authorities. Managing environmental approvals, health permits, and other specialized clearances. Maintaining ongoing communication with regulatory agencies throughout the approval process.

Branch Office and Subsidiary Setup

Establishing branch offices of foreign companies in compliance with Companies Act requirements. Setting up wholly-owned subsidiaries or joint venture companies with proper legal documentation. Managing approvals from the Board of Investment and Controller of Exchange for foreign entities.

Nominee Services

Providing qualified nominee director and shareholder services where required by law or corporate structure. Ensuring proper nominee agreements and legal documentation to protect beneficial ownership rights. Maintaining confidentiality and corporate governance standards in nominee arrangements.

Post-Formation Compliance

Advising on ongoing statutory compliance obligations including annual returns and tax filings. Providing company secretarial services to maintain good standing with regulatory authorities. Offering continuous support for corporate governance and operational compliance.

Growth and Expansion Support

Assisting with capital increases, share allotments, and equity restructuring as your business grows. Facilitating expansion through additional business registrations, branch establishments, or subsidiary formations. Providing strategic advice on corporate structure optimization for tax efficiency and operational effectiveness.