SINCE 1958

Audit

Tax

Advisory

Business Set-Up Advisory

Business Set-Up Advisory

We assist and guide foreign investors from the first contact, to setting up of the desired business unit in Sri Lanka, under the best possible option and incorporation of a resident company to undertake the business in Sri Lanka, thus making the operational and legal framework ready for a swift take off. The process includes filing the investment application, assisting in obtaining clearances, liaison with government agencies, finding suitable premises to locate the business unit, company incorporation, opening bank accounts and tax registration.

Foreign investors can own 100% of the equity other than in a few restricted businesses and they can establish a resident company in Sri Lanka coming on their businesses under normal low SL regulations.
There are two other options where they can get additional concessions like custom duty-free importation of machinery and raw material, extended tax holidays and concessions and visa facilities. These options are available under Board of investment of Sri Lanka and Port City of Colombo.

Companies operating with the authorization of Port City of Colombo can make payments to Sri Lankan employees in foreign currency in addition to many other benefits in offer.

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