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What to do when your company is stuck in a deadlock

What to do when your company is stuck in a deadlock

What to do when your company is stuck in a deadlock When you run a company with other people, you need to make decisions together about the business. Sometimes, you might disagree with each other and not be able to reach a consensus. This is called a deadlock and it can happen at any level…

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Company is Incorporated, Now What?

Company is Incorporated, Now What?

It’s Official!! You new company registration formalities at the Registrar General of Companies in Sri Lanka is Done. Your new business adventure is on the road and you are now either a business owner, entrepreneur, director, shareholder or all of the above. But what now? What else needs to be organised in those first few weeks…

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Partnership Business VS Limited Company

Partnership Business VS Limited Company

By Ashfa Anwer For most organizations, the ideal choice of a business structure is most likely a partnership business or a limited company. The right choice lies in each individual circumstance and it could depend on a number of different factors like legal requirements and tax considerations. Understanding the pros and cons of a business…

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Why Choose Private Limited Company?

Why Choose Private Limited Company?

By Ashfa Anwer When you decide on starting a business, its legal structure plays an important role as it will affect the level of tax you pay, the extent of your personal liability, and how easy it will be to pass on or sell the business when you retire. The structure of a company makes…

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What is the Difference Between EPF and ETF?

What is the Difference Between EPF and ETF?

What is the Difference Between EPF and ETF? If you are a young professional just entering the workforce, terms like Employees’ Provident Fund or EPF and Employees’ Trust Fund or ETF may often fly over your head. Oftentimes, youngsters enter their professional lives with only a vague understanding of what these terms are. What they…

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Sole Proprietorship VS Limited Company

Sole Proprietorship VS Limited Company

When establishing any type of business in Sri Lanka, it’s of vital importance that you choose a business structure that is best suited for your needs you know the ins and outs of it. There are several different business structures you can choose from, the most popular ones being private limited company, unlimited liability partnership,…

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A Guide For Company Registration As A Foreigner In Sri Lanka

A Guide For Company Registration As A Foreigner In Sri Lanka

For foreign companies or persons looking to expand their horizons toward the South Asian region, Sri Lanka is indeed one country full of potential and promise of a fruitful business venture. But how does the set-up process work and what are the rules and regulations you have to follow? Below, you will find a simple,…

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