How To Register Small Business In Sri Lanka

If you are planning to start a business here here is the right place.

How to register small business in sri lanka. Get your business name approved from the department of the registrar of companies. This article is going to describe things that you need to overcome to establish a business in sri lanka. Sri lanka has seen a rise in small startups in the last decade. Form 18 consent and certificate of director rs. 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.

4 000 vat 8. Instead it involves very quick and easy steps you can complete in a matter of days. You can t get a business loan to start a business. If you are the next one looking forward to starting a company here find below the options to be explored. 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.

Setting up a business in sri lanka does not entail a long and tedious procedure as is the case for many asian countries. Here i m talking about personal loans. A group of people or friends can start even management business. How to start a company in sri lanka sinhala. However for starting a business in sri lanka you need to come up with some strategy and plan.

The main point of contact with the government to register a individual person business i am just rough translating here i am not aware of the proper english term. Sri lanka is without doubt one of the easiest countries to set up a business in. As small business in sri lanka you might start homemade food business as following ideas. Besides you also need to have a clear idea of the company registration procedure. Business registration in sri lanka.

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. The procedure of setting up a business in sri lanka is straight. 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.