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The highest ever number of Company registrations was reported last year as there were 3,284 companies registered during the year 2002.

Registrar of Companies D.K. Hettiarachchi said this was a 46 % increase compared with the figure of 2001 and it includes 3,050 private companies and 90 public companies.

Hettiarachchi said that there were about 43,000 companies registered so far of which 32,000 were registered under the Company Registrations Act No 17 of 1982.

The Department of the Registrar of Companies launched its own website http:www.dir.gov.lk www.dir.gov. http:www.dir.gov.lk lk last year which provides online facilities in business name reservation and online payments.

Hettiarachchi said that the Department was the first government department providing an online payment facility, which was obtained through the Sampath Bank.

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Copyright 2001 The Associated Newspapers of Ceylon Ltd.
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