Schengen Visa is most important for business travellers and visitors. There are 26 European countries listed as the Schengen Area. There are several European Embassies and consulate offices in Colombo Sri Lanka. But most of them are outsourcing the visa process to VSF. The following countries together form the Schengen area: Austria, Belgium, Czech Republic, Denmark, […]
China Visit Visa China is the biggest trading partner of Sri Lanka in the Asian region. Sri lanka imports electronics, textile fabrics, foodstuffs and machinery and transportation equipment and Major export products to China from Sri Lanka include raw mattress fibber, black tea, raw mixed fibber (twisted with coconut coir), Apparel, Seafoods and Tobacco. The […]
How to Establishment an Off-Shore Company in Sri Lanka Any company or body corporate incorporated in Sri Lanka or under the laws of any foreign country may make an application to the Registar General of Companies to be registered as an Off-shore company and to be referred to as such. Registration of the company will […]
Foreign Investors are able to open several accounts with licensed commercial banks to facilitate investments into Sri Lanka. Type of Bank Accounts Special Foreign Investment Deposit Accounts (SFIDA) Securities Investment Account (SIA) Inward Investment Account  (IIA) Rupee Accounts for Non-Resident Sri Lankan Investment (RANSI) 1.Special Foreign Investment Deposit Accounts SFIDA Eligible Investors Citizens of foreign […]
Steps File the duly completed form within 30 working days from the date of Annual General Meeting/Resolution. Easy to pay online now using tax department website In terms of the Section 131 of the Companies Act No. 07 of 2007, every company should at least once in every year deliver to the Registrar General of […]
Steps Obtain an application from BOI. Applicable fee is as follows: Overseas : Bank draft or cheques for US$ 200 + VAT Sri Lanka : Bank draft or cheques or cash equivalent of US$ 200 + VAT in SL (15%) The application comprises of two parts : Investment Approval and Site Approval. Note: Submit completed […]
A Limited Company Steps Obtain a name approval Fill Form Nos. 1, 18 and 19 together with two copies of Articles of Association prepared (on A4 paper). All forms should be printed or typewritten. (Hand written forms will not be accepted.) Form 1 -Â Â REGISTRATION OF A COMPANY Form 18 Â –Â CONSENT AND CERTIFICATE OF DIRECTORÂ (should be […]
The ETF (Employee Trust Fund) does not have a separate registration procedure for making contributions. ETF contributions should also be made through the EPF registration number. Providing employees with membership numbers is the sole responsibility of the employer. An employee is entitled to ETF from the first day of his/her employment irrespective of whether he/she […]
The following steps are required to obtain a loan from a Bank. Addresses and Contact Numbers of Head Offices of banks operating in Sri Lanka : See Annex I Steps Participate in initial discussion / interview with the Branch Manager / Relationship Officer / Credit Officer. At this meeting the customer explains the requirement of […]
To obtain the Preliminary Planning Clearance/ Development Permit/ Certificate of Conformity, the owner/ developer must complete the followings. A. To obtain Preliminary Planning Clearance (PPC) Steps Obtain an application along with the instructions from the Customer Care Centre of the CMC at the Town Hall or from CMC website, www.cmc.lk. Submit two copies of proposed […]