Company Registration in Sri Lanka

Set up your business presence in Sri Lanka with expert assistance. We offer complete support for foreign and local entrepreneurs to register companies efficiently and compliantly.



Step 1

Submit Details

Fill in your business & info

Step 2

Expert Guidance

Get clarity on documents & legal process

Step 3

Process Completed

our request is finalized, and you’re ready to move forward without hassle.

What You Get

What You Get

Documents & Filing | Compliance Support | 5-Day Approval | 48-Hour Renewal | Free Consultation


Why Choose Us

Expert Guidance Quick Processing Affordable Pricing Trusted by 5000+ Clients

Connect With Our Specialists

Expert

Trusted Business Consultant

★★★★☆ (4.7)

Our expert consultants provide end-to-end guidance tailored to your business needs, ensuring smooth and hassle-free processes.

📞 Call Now 💬 Chat With Us

Everything You Need to Know

Overview of Company Registration in Sri Lanka

Sri Lanka is a growing South Asian business destination, offering cost-effective incorporation, access to South Asian markets, and a simplified registration process. Corporate Analytica provides expert support to register BOI and Non-BOI companies in Sri Lanka for foreign and local promoters.

Advantages of Registering a Company in Sri Lanka

  • 100% foreign ownership permitted in many sectors
  • Strategic location with access to South Asia & ASEAN
  • Investment incentives via Board of Investment (BOI)
  • Double Tax Avoidance Agreements with 45+ countries
  • Low startup and operational costs

Eligibility Criteria

  • Foreign individuals or companies can incorporate
  • Minimum 1 director and 1 shareholder (can be same person)
  • Registered office address in Sri Lanka
  • For BOI registration, must meet minimum investment thresholds
  • Business must not fall under restricted or approval-only sectors

Documents Required

  • Passport copy and address proof of all directors/shareholders
  • Proposed company name and business activities
  • Consent letters from directors
  • Articles of Association and Form 1, 18, and 19
  • Proof of local address for registered office

Registration Process

  1. Step 1: Reserve company name through Registrar of Companies (ROC)
  2. Step 2: Draft Articles of Association and file incorporation forms
  3. Step 3: Obtain Certificate of Incorporation
  4. Step 4: Register with Inland Revenue Department (IRD) for TIN
  5. Step 5: Open corporate bank account
  6. Step 6: Apply for BOI approval (if applicable)

Why Choose Corporate Analytica?

  • Experience in Sri Lanka ROC & BOI procedures
  • Local presence for address, compliance & tax filings
  • Support in banking, licensing, and post-setup steps
  • Transparent pricing and timelines
  • Dedicated advisors for foreign investors

Post‑Registration Compliance

  • Maintain a registered address and statutory records
  • Annual returns and financial statement filings
  • Tax registration and monthly/quarterly filings
  • BOI compliance reporting (if applicable)
  • Foreign remittance reporting and forex compliance

Penalty for Non-Compliance

  • Late filing of accounts may result in fines
  • Failure to renew business license can cause suspension
  • Non-payment of taxes attracts penalties and interest
  • Serious violations may lead to company dissolution

Frequently Asked Questions (Sri Lanka Company)

Q1. Can a foreigner own 100% of a Sri Lankan company?

Yes, 100% foreign ownership is allowed in most sectors. Some sectors may require BOI approval or have caps.

Q2. How long does it take to register a company in Sri Lanka?

The process typically takes 7–10 business days, subject to document readiness and ROC processing times.

Q3. Do I need a local director in Sri Lanka?

No, a local director is not mandatory. Foreign nationals can be sole directors and shareholders.

Q4. What is the difference between BOI and non-BOI companies?

BOI companies enjoy tax holidays, duty waivers, and simplified processes. However, they must meet specific investment thresholds and operate in promoted sectors.

Partner With Us