Register Company in Sri Lanka – Business Setup Guide for 2025

Start Your Business Journey in Sri Lanka

Sri Lanka offers a strategic gateway to South Asia and emerging markets with a liberal economy, investor-friendly policies, and strong legal infrastructure. The country allows 100% foreign ownership in most sectors, and the company registration process is governed by the Registrar of Companies (ROC) under the Companies Act No. 7 of 2007.

Who Can Register a Company in Sri Lanka?

Both locals and foreigners can register companies in Sri Lanka. Foreign nationals are permitted to fully own private limited companies, except in restricted industries such as travel agencies, freight forwarding, or retail trading (which may require local shareholding or BOI approval).

Steps to Register a Company in Sri Lanka

• Reserve a Company Name via the Department of the Registrar of Companies online portal.

• Prepare Incorporation Documents such as:

  • Form 1: Company Registration Application

  • Form 18: Consent and Certificate of Directors

  • Form 19: Consent of Secretary

  • Articles of Association

• Submit Application to ROC and pay the registration fees.

• Receive the Certificate of Incorporation and company number upon approval.

Post-Incorporation Requirements

After incorporation, companies must:

• Register for tax (TIN/VAT) with the Inland Revenue Department

• Open a corporate bank account

• Obtain sector-specific licenses or BOI approval (if applicable)

• Register for EPF/ETF if employing staff

Key Requirements

• Minimum one shareholder and two directors (at least one director must be a Sri Lankan resident)

• A registered office address in Sri Lanka

• Appointed company secretary

Why Choose YKG Global?

YKG Global offers expert company registration services in Sri Lanka, handling:

• Name reservation

• Documentation and ROC filing

• Director/shareholder guidance

• Tax and post-registration compliance

Ready to register your company in Sri Lanka?
YKG Global ensures a fast, secure, and fully compliant setup.

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