How To Register Small Business In Sri Lanka

However for starting a business in sri lanka you need to come up with some strategy and plan.

How to register small business in sri lanka. This article is going to describe things that you need to overcome to establish a business in sri lanka. Instead it involves very quick and easy steps you can complete in a matter of days. If you are the next one looking forward to starting a company here find below the options to be explored. A group of people or friends can start even management business. If you are planning to start a business here here is the right place.

You can t get a business loan to start a business. Setting up a business in sri lanka does not entail a long and tedious procedure as is the case for many asian countries. The procedure of setting up a business in sri lanka is straight. Sri lanka has seen a rise in small startups in the last decade. 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.

Business registration in sri lanka. Submit registration forms 1 18 and 19 form 01 company registration rs. There are several types of business structures offered by authorities for startups in sri lanka. 4 000 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. Form 18 consent and certificate of director rs. How can i register my business in sri lanka. That s the irony of business bank loans in sri lanka. Here i m talking about personal loans.

2 000 vat 8. Before starting this business know the process and learn from a professional event management program or work in event management company for an experience. 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. Department of the registrar of companies. Sri lanka is without doubt one of the easiest countries to set up a business in.