How to start off company in Sri Lanka

Upper management might consider a problem on the factory floor in dollars and cents, while the middle management, closer to the problem could identify it as a problem of work.

Sometimes when there is a problem that never gets fixed, people start to work around it and eventually forget that it ever was a problem.

Identifying Problems In Your Business

Starting a Business in Sri Lanka has to be done after a great deal of research. Company

a. Private Limited Company

b. Public Limited Company

To start a Public Limited Company (PLC), particular company must have issued share capital.

Step 2 – Tax Registration

2.1 Value Added Tax(VAT); Sri Lanka's VAT system is same as UK system. See www.ird.gov.lk for more info Step ]

Cost of Web designing is very less in Sri Lanka. Check out a very hot deal from Printonline.lk, the fist ever online printing company in Sri Lanka which gives a host of services for start up businesses.

If you are looking for a cost effective communication method try Sri Lanka Telecom (sltnet.lk) or if you want a total communication solutions check out or suntel.lk.

There are about 23 commercial banks are in Sri Lanka. Local banks are Hatton National Banks, National Development Banks, NDB, Nations Trust Banks, People's Bank, and Bank of Ceylon etc….

Unfavorable factors in Sri Lankan Business Environment

Since Sri Lanka has a higher literacy rate it does not mean all Sri Lankans are well educated.

Most of Sri Lanka business people are not trust worthy.