D. L. & F. De Saram

Taxation

Navigating the complex world of tax law to protect your interests

We provide comprehensive tax law services in Sri Lanka, integrating legal precision with commercial insight. Our approach ensures that clients – from individuals to multinational corporations – receive effective, compliant, and transaction-focused tax advice.

As a full-service tax law firm in Sri Lanka, we assist with every aspect of taxation, from corporate and personal income tax to VAT compliance, foreign investor incentives, and tax dispute resolution. Our goal is to simplify complex tax obligations while protecting client interests and aligning with long-term business objectives.


Our Expertise in Taxation Law

  • Corporate Tax Sri Lanka
    We advise on all aspects of corporate tax in Sri Lanka, including compliance, planning, and strategic structuring for domestic and cross-border transactions.

  • Our team provides guidance on mergers, acquisitions, capital gains, and tax-efficient business models under current tax law Sri Lanka.

  • Personal Income Tax
    We offer expert support in managing personal income tax, ensuring individuals understand filing requirements and available tax deductions and reliefs. Whether you are a local professional or an expatriate, our advisors ensure compliance with evolving Sri Lankan income tax laws.

  • Value Added Tax (VAT) Sri Lanka
    Our services cover advising on Value Added Tax (VAT) Sri Lanka, from registration and filing to dispute resolution and refund claims. We make sure clients remain compliant with the Inland Revenue Department’s regulations and maintain accurate tax reporting processes.

  • Tax Compliance and Planning
    Tax compliance is critical to corporate integrity. We assist clients in implementing solid systems for tax compliance and planning, ensuring all statutory requirements are met, all while identifying legitimate opportunities for tax efficiency.

  • Double Taxation Agreements
    For international businesses and foreign investors, our firm provides in-depth advice on double taxation treaty agreements (DTTAs) and foreign investor tax incentives. We help structure cross-border operations in line with Sri Lanka’sDTTAs network to avoid dual taxation and promote smooth business operations.

  • Tax Dispute Resolution
    We represent clients in all aspects of tax dispute resolution, including administrative hearings, appeals, and negotiations. Our objective is to achieve equitable outcomes while preserving client relationships with tax authorities.

  • Customs and Excise Law
    Our team also advises on customs and excise law, import/export duties, and related compliance matters, ensuring that international trade operations are both legally sound and cost-efficient.

 

FAQs

Tax rates in Sri Lanka vary depending on income brackets, corporate structure, and nature of business activity. Corporate tax Sri Lanka is at a standard rate of 30%, while personal income tax applies progressively based on earnings.

Sri Lanka levies several types of taxes including income tax, Value Added Tax (VAT), Social Security Contribution Levey (SSCL) , Customs duties, and Excise taxes. Our experts help clients determine applicable categories and manage compliance.

The minimum salary threshold for income tax changes periodically under national budget revisions. Currently it is at LKR 150,000 monthly income, or LKR 1,800,000 annual income.

Taxpayers can file tax returns by submitting annual declarations and supporting documents to the Inland Revenue Department (IRD). Our firm assists clients in preparing submissions, verifying eligibility, and expediting the refund process through third party service providers.

Taxes in Sri Lanka are calculated based on taxable income after allowable deductions, exemptions, and applicable rates under the Inland Revenue Act. Our specialists assist businesses and individuals with accurate calculations and filing support.

In 2025, it will be as such: companies at 30% and individuals at a maximum rate of 36% under the progressive slab system. We closely monitor updates to tax law Sri Lanka and advise clients on new income tax rules, ensuring timely compliance and strategic financial planning.

Why Choose D.L.&F. De Saram for Tax Services

  • Decades of experience in tax law of Sri Lanka and international taxation
  • Cross-disciplinary expertise spanning corporate, employment, and commercial law
  • Tailored solutions for both SMEs and multinational corporations
  • Proactive monitoring of legislative and regulatory updates
  • Trusted representation in tax dispute resolution and negotiations


Whether you are a private individual, a growing enterprise, or a global investor, our tax lawyers in Sri Lanka deliver practical, reliable, and forward-focused solutions.

Contact Us
Stay compliant. Stay protected. Stay ahead.

Contact D.L.&F. De Saram today for expert counsel on corporate tax, VAT, double taxation, and dispute resolution in Sri Lanka.

Key Contacts

Partner

Senior Partner

Relevant Posts

Consult Our Experts

Our expert team of partners and leading lawyers offer services across extensive practice areas and ensure our clients receive optimal legal advice. They have the capacity to handle everything from intricate cases to crucial disputes, providing top-tier solutions with unwavering dedication and expertise.

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.