Company Registration in Sri Lanka from India Online - YKG Global
Sri Lanka: A Premier Destination for Company Registration
Sri Lanka is a prime location for business incorporation due to its strategic location in the Indian Ocean and growing economy. With a liberal trade market, Sri Lanka allows up to 100% foreign ownership in most sectors, offering excellent opportunities for domestic and international entrepreneurs.
Benefits of Company Incorporation in Sri Lanka
- Liberal Foreign Policies: Sri Lanka permits 100% foreign ownership in most sectors, with limited restrictions.
- Business-Friendly Environment: A stable economy and a business-friendly atmosphere with a skilled workforce.
- Competitive Economy: Transparent commercial laws and cost-efficient business operations.
Types of Companies in Sri Lanka
- Public Limited Company (PLC): Requires at least two directors and shareholders, with the ability to raise capital through the Colombo Stock Exchange.
- Limited Liability Company (LLC): Allows 100% foreign ownership, requiring one director, one shareholder, and a local secretary.
- Partnership: Formed by two or more entities with either limited or unlimited liability.
- Sole Proprietorship: Owned by a single individual with no minimum capital requirements.
- Overseas Company: Operates as a branch or liaison office adhering to local and parent company regulations.
Documents Required for Company Incorporation
- Passport copies of all officeholders.
- Proof of identity (e.g., driving license).
- Utility bills for address verification.
- Specimen signatures of officeholders.
- Proposed trade name.
Process of Company Registration in Sri Lanka
- Choose and approve a business name.
- Select the appropriate business entity type.
- Submit shareholder and director details.
- File necessary forms and documents.
- Complete the online application.
- Receive your incorporation certificate.
Additional Requirements
- Resident Secretary: A local secretary to manage regulatory compliance.
- Articles of Association: Governs internal company policies.
- Memorandum of Association: Defines the company’s objectives.
- Registered Address: Mandatory for official communications.
- Sri Lankan Bank Account: Essential for transactions.
How YKG Global Can Help
YKG Global provides end-to-end assistance with company registration in Sri Lanka. With over four decades of expertise, we specialize in registering companies in Sri Lanka and ensuring compliance with local regulations.
Why Choose YKG Global?
- Remote Services: We handle everything from name reservation to tax registration online.
- Expert Guidance: Tailored solutions for business structures, including Sri Lanka business registry and register of company Sri Lanka processes.
- Bank Account Support: Assistance with corporate bank accounts and KYC processes.
- Global Expertise: Trusted by businesses worldwide, with a strong network of banks and authorities.
Let YKG Global simplify your journey to success with hassle-free Sri Lanka company registration. Partner with us today!