How Incorporation of a Company Helps your Business?
What is a Company?
Company is an organization of individuals conducting a commercial or industrial enterprise.
What is “Limited company”: It’s a Company that issues shares, the holders of which have the liability to contribute to the assets of the company.
A Private Limited Company is the most common Business Type in Sri Lanka. The name of every private company, should end the words “(Private) Limited” or by the abbreviation “(Pvt)Ltd”
Sri Lankan citizens and Foreign Nationals are eligible to be Directors. Every Director should give Form 18 (consent of the director).
Applicable Law is Companies Act, No. 07 of 2007
All Companies are registered at Department of Registrar of Companies, also call as “Samagam Medura” in Sinhala. 400 D. R. Wijewardena Mawatha, Colombo.
Phone: 011- 2 689209