Taxation & Compliance

Expanding Your Business? How to Add New Directors or Shareholders Legally and Smoothly

Growth is an exciting phase for any business. Whether you’re taking on new investors, bringing in experienced directors, or restructuring ownership, adding directors or shareholders is a common and often necessary part of expansion. However, these changes must follow the correct legal procedures under the Sri Lankan Companies Act. Mistakes can cause disputes, regulatory penalties, […]

Expanding Your Business? How to Add New Directors or Shareholders Legally and Smoothly Read More »

Annual Filing Requirements for Sri Lankan Companies: Everything You Need to Know

Starting your company is just the first step. To keep it in good legal standing, every company registered in Sri Lanka must meet annual filing requirements with the Registrar of Companies (ROC) and the Inland Revenue Department. Missing these deadlines can lead to fines, legal trouble, or even your company being struck off the register.

Annual Filing Requirements for Sri Lankan Companies: Everything You Need to Know Read More »