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Who’s the company secretary and what’s the role?A company secretary, also known as a corporate secretary or a company secretary, is an individual or a body of corporate responsible for ensuring the smooth and efficient administration of a company. They act as a link between the company’s board of directors, management, shareholders, and other stakeholders….

Are you in the process of setting up a business in Sri Lanka and wondering about the role of a company secretary? Or perhaps you’re already established but considering outsourcing your company’s secretarial services? In either case, understanding the ins and outs of hiring a company secretary in Sri Lanka is crucial. Let’s delve into…

Streamlining Company Deregistration and Winding Up in Sri Lanka: A Comprehensive Guide In the lifecycle of any business, there may come a time when the decision to close down operations needs to be made. Whether it’s due to changes in market conditions, strategic shifts, or other reasons, knowing how to effectively deregister or wind up…

Are you up to date with your Annual Return at the Registrar General of Companies (ROC)? You might be wondering if it’s necessary, especially if you haven’t conducted any business activities. Let’s delve into the significance of this process and why it matters for even the smallest of companies. The Annual Return isn’t directly linked…

So, you’ve got your sights set on Sri Lanka for your next business venture? Awesome choice! But hey, before you dive into the vibrant Sri Lankan market, let’s chat about the nitty-gritty of company registration and formation. Now, Sri Lankan Company law opens up two exciting avenues for you: Branch Office or Liaison Office. Yep, you’ve got…

Introduction:  In a strategic move, Remitbee, a dynamic company based in Canada, has recently concluded its business registration process in Sri Lanka, solidifying its presence as a key development center. With headquarters situated in Mississauga, Ontario, Canada, Remitbee specializes in various financial services, including Fintech, Money Transfer, Remittances, Mobile Money, Online Currency Exchange, FX, Currency,…

As the year winds down, it’s time for companies to ensure they’ve got all their ducks in a row for the annual return filing with the Registrar General of Companies. This essential process is encapsulated in the mandatory Form 15, and there are some noteworthy updates from the Registrar General of Companies to be aware…

In the fast-paced world of business, efficiency and accessibility are key, especially when it comes to essential documents and company registration. Ananda Sirisena & Co introduces The Boardroom©, a Business Process Re-engineering platform designed to connect you seamlessly with your company secretary. This revolutionary mobile app not only simplifies data management but also transforms the…

We are thrilled to unveil the debut of our fresh brand identity and appearance! Exciting news! With immense joy, we share the launch of our new ASAC company logo, marking a pivotal step in our ongoing brand evolution. This encompasses a comprehensive transformation, featuring a new logo, color schemes, and typography. ASAC has journeyed through…

As your business grows, some shareholders may want to transfer their existing shares to other people. They can transfer these shares either by a sale or agreement. If they’re selling their existing shares, they can sell to individuals or corporate entities such as another limited liability company. Existing shareholders can also transfer shares to each…