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Hot Line

+94 777 17 28 20

WhatsApp

+94 777 17 28 20

Email

info@corporatecompassltd.com

Address

No.47, Gal-Edanda, Menikhinna, Kandy 20170

Free Consultation & Company Name Check

Enter the company name below. We will check it’s availability for registration and get back to you within 5 minutes.

Free Company Name Check Form

FAQs

Can we select any name for my company?

You can choose any name for your company, but it must follow certain rules. The name should not be the same as or very similar to an existing company name, and it should not include any restricted or misleading words. We will help you to check if your desired name is available and meets all necessary guidelines.

What documents are required for company incorporation?

For company incorporation, we require minimal documentation. We will provide you with a list of the necessary information to fill out. You only have to submit that filled form along with the National Identity Cards (NIC) of all directors and shareholders.

How long does it take to incorporate a company?

The company incorporation process typically takes 3-5 business days, depending on the submission of required documents and regulatory approvals.

Can I incorporate a company with a single director?

Yes, a company can be incorporated with a single director and even with a single shareholder.

Who needs a qualified and registered company secretary?

In Sri Lanka, any company with a turnover of more than One Million Sri Lankan Rupees (LKR 1,000,000/-) per annum or a paid-up capital of Sri Lankan Rupees Five Hundred Thousand (LKR 500,000/-) needs to have a qualified and registered company secretary

However, even companies that don’t meet this threshold can benefit from having a qualified company secretary to ensure they are following corporate governance regulations perfectly.

Does every company need to have a tax file?

Yes, every company in Sri Lanka needs to open a tax file with the Department of Inland Revenue (DIR). This requirement applies to both resident and non-resident companies. If tax regulations are not properly followed, penalties and other administrative measures may be taken by DIR against your company.