Sri Lanka Stabilizes Economy & Exceeds Growth Forecasts
Natalee Fernando
November 20, 2024
Whistleblower Systems Tool
D. L. & F. De Saram supports Dentons to expand the Dentons’ interactive Whistleblower Systems tool to cover Sri Lanka. ‘The tool will enable its users to compare regulations regarding whistleblower systems at a glance, including protection of personal data, reporting processes and language requirements’. Press release Dentons expands its interactive Whistleblower Systems tool to
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Registration of Construction Contractors
建筑承包商注册 In an effort to streamline and regulate the rapidly growing construction industry in Sri Lanka, the Construction Industry Development Authority (CIDA) issued new regulations, requiring Contractors engaging in Identified Constructions Works to register with the Authority in terms of the Construction Industry Development Act No 33 of 2014 (CID Act)为了精简和规范斯里兰卡快速发展的建筑业，建筑发展局（CIDA）颁布了新的法规，根据2014年第33号“建筑发展法”（CID 法案），要求从事建筑工程的承建商须按条款向管理局进行注册。 Registration of Contractors承包商注册The
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Filing Requirements for Private Limited Liability Companies (General – Corporate)
FILING ITEMS PROCEDURE/ DESCRIPTION FREQUENCY RELEVANT AUTHORITY TIME COMMENTS 1.1 Incorporation of a company Name Approval Prepare Form 1 (Registration of Company), Form 18 (Consent and Certificate of Director), Form 19 (Consent and Certificate of Company Secretary) and Articles of Association Submit all fees and documents Complete Registration One Time ROC 10 working days
Read MoreLaw Pertaining to Divorce in Sri Lanka
Grounds for obtaining a ‘divorce’ in Sri Lanka are all fault based and limited to 3, which are ‘adultery’, ‘malicious Desertion’ (where the party as fault leaves the matrimonial home) or Constructive Malicious Desertion (where due to the conduct of the party at fault the other party is compelled to leave the matrimonial home) and
Read MoreEmployment and Employee Benefits in Sri Lanka : Overview
The “Employment and employee benefit in Sri Lanka 2018” guide covers the below aspects Scope of Employment Regulations Employment Status Recruitment Background Checks Permission to Work Regulation of the Employment Relationship Restrictions on Mangers and Directors Holiday Entitlement Minimum Wage Restrictions on Working Time Illness and Injury of Employees Statutory Rights of Parents and Cares
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Doing Business in Sri Lanka
A Q&A guide to doing business in Sri Lanka. This Q&A gives an overview of key recent developments affecting doing business in Sri Lanka as well as an introduction to the legal system; foreign investment, including restrictions, currency regulations and incentives; and business vehicles and their relevant restrictions and liabilities. The article also summarises the
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Tax on corporate transactions in Sri Lanka
A Q&A guide to tax on corporate transactions in Sri Lanka. This Q&A provides a high level overview of tax in Sri Lanka and looks at key practical issues including, for example, the main taxes, reliefs and structures used in share and asset sales, dividends, mergers, joint ventures, reorganizations, share buybacks, private equity deals
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