Guide to doing business in Sri Lanka
The Central Bank of Sri Lanka has released the revised edition of the
publication titled “A Step by Step Guide to Doing Business in Sri
Lanka”.
This publication contains the information regarding all major
activities that have to be undertaken by an entrepreneur during
different stages of business from opening and establishing a business to
closure of its operations. The information is summarised under 28 topics
pertaining to key activities, such as registering a business, obtaining
BOI approval, registering a property, obtaining a preliminary planning
clearance, obtaining electricity connection, paying EPF and ETF, issuing
shares to the public, making exports and imports.
Further, information on topics of general interest such as opening a
bank account, paying taxes, obtaining a passport, obtaining visas to
enter and stay in Sri Lanka have also been included.
Under each topic, information on documentary requirements and
regulatory clearances, agencies of relevance, cost, and contact details
of their senior staff as well as the websites of the agencies are
provided for the ease of the investors to obtain further clarification
if required.
The information contained in the publication is expected to assist
entrepreneurs to enhance the efficiency and timeliness of their decision
making processes by minimising the search cost of extracting required
information from different sources.
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