How To Register Small Business In Sri Lanka
Setting up a business in sri lanka does not entail a long and tedious procedure as is the case for many asian countries.
How to register small business in sri lanka. Here i m talking about personal loans. There are several types of business structures offered by authorities for startups in sri lanka. 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. 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.
This article is going to describe things that you need to overcome to establish a business in sri lanka. How can i register my business in sri lanka. Department of the registrar of companies. However for starting a business in sri lanka you need to come up with some strategy and plan. Besides you also need to have a clear idea of the company registration procedure.
As small business in sri lanka you might start homemade food business as following ideas. How to start a company in sri lanka sinhala. Sri lanka has seen a rise in small startups in the last decade. Sri lanka is without doubt one of the easiest countries to set up a business in. How do i get a business registration certificate in sri lanka.
You can t get a business loan to start a business. The proper sinhala term is තන ප ද ගල ව ය ප ර thani pudgala vyaapaara is th. Once you register a company by approving your business name from the registrar of companies submitting registration forms 1 18 19 to the roc submitting articles of association to the roc giving public notice about company incorporation you will receive the business registration certificate brc in two three weeks. Instead it involves very quick and easy steps you can complete in a matter of days. 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. That s the irony of business bank loans in sri lanka. Get your business name approved from the department of the registrar of companies. Business registration in sri lanka. A group of people or friends can start even management business.