What suits you best? Branch Office or Liaison Office.

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 options, my friend!

Let’s break it down. Say you’re all about keeping things separate from your foreign company roots. Well then, setting up a limited liability company in Sri Lanka might be just the ticket for you. You’ve got the choice between a public or private setup. Public? That’s where you can open your doors wide and invite the public to grab a piece of the pie. Private? Well, that’s more of a hush-hush affair, keeping things within your inner circle.

But hold up! If you’re itching to keep that connection strong with your foreign company and start pulling in some Sri Lankan revenue, then a branch office is where it’s at. Just remember, you’ll need to stash away US$200,000 in one of Sri Lanka’s commercial banks to get the ball rolling.

Now, if you’re thinking more along the lines of a cost center without the hassle of revenue generation in Sri Lanka, then a liaison office might be your cup of tea. No hefty deposits needed here! Just set up shop and get going, although revenue generation isn’t part of the deal.

Feeling a bit overwhelmed with all these choices? No worries! At ASAC, we’re here to lend a helping hand. We’ve got the inside scoop on the ins and outs of company registration and formation in Sri Lanka, including how to navigate the process as a foreigner. Plus, we’ve got your back when it comes to finding the right company secretary and even offer online company registration services.

So, whether you’re leaning towards a branch office or a liaison office, we’ve got the expertise to guide you every step of the way. Ready to kickstart your Sri Lankan business adventure? Reach out to us at ASAC, and let’s make those expansion dreams a reality!