Company Registration

Take the first step towards entrepreneurship, Register your own business! We guide every individual aspiring to be a successful businessman and entrepreneur to implement their business ideas by assisting them through the Process of Company Registration

Name

  • The Decided Name of the Company must be Unique, and must not Imitate a Government Institutions Name
  • Registrar of Companies does not Approve Company Names Including “Sri Lanka”
  • Ministry Approval is Required to use Words such as “Finance”, “School”, “College”, “university” in the Company Name
  • The Objectives must be Published in a National Newspaper for Public Scrutiny When Registering an Association

Address

  • You Require a Local Address that is not a Post Office Box to Register a Company in Sri Lanka

Documents

  • Objectives of the Company must be Declared to the RoC along with a Copy of the Articles
  • ID Cards (NIC) of Local Individuals who are Designated as Shareholders and Directors
  • And Valid Passport for Foreigners are Required to Register a Company in Sri Lanka

Director

  • A Single Individual above 18 years of Age can be a Director of a Company Registered in Sri Lanka
  • Hence a Company or Partnership cannot be a Director of a Company
  • Maximum number of Directors of a Company is 20, while Minimum is 1
  • Directors are Responsible for Everything in the Company

Secretary

  • Every Company Needs one Registered Secretary at All Times.

Shareholder

  • An Individual Above 18 Years of Age can be a Shareholder
  • Furthermore, Companies or Partnerships can also be Shareholders of a Company Registered in Sri Lanka
  • Maximum number of Shareholders of a Company is 50, while Minimum is 1
  • Minimum Capital Required is Rs.1 to Register a Company in Sri Lanka
  • Shareholders are the Owners of the Company and therefore cannot be Changed by Force