Business Registration Act In Sri Lanka
Regulating and coordinating all the business name registration activities within the western province and issuing business names registration certificates particularly for businesses operating within the divisional secretary s divisions of colombo thimbirigasyaya sri jayawardenepura kotte dehiwala and ratmalana are carried out by this department.
Business registration act in sri lanka. A opc is a type of private limited company where minimum and maximum number of members is one. Registration of a partnership registration of partnership business in sri lanka private limited companies are those types of companies where minimum number of members is 2 and maximum number is 200. 1 a company shall not be registered by a name which.
A private limited company has the limited liability of members but at the same time it has many characteristics as those of a partnership firm. Sole proprietorship business registration in sri lanka how to register sole proprietorship business in sri lanka. The registration of companies filing of accounts and annual returns are done with the registrar of companies.
The companies act no. S 1 1 of the partnership act of 1890. Business names act no.
Registration of business names act no 07 of 1987 civil procedure code sec 64 202 249 252 companies act sec 519 partnership partnership is the relation which subsists between persons carrying on a business in common with view of profit. 7 of 1987 table of provisions long title 1 short title and date of operation 2 firms and to be registered 3 firm or person in sri lanka acting on behalf of foreign principal or foreign group 4 particulars to be furnished by an individual c who is a non citizen 5 particulars of registration 6 statement furnished after commencement of act notwithstanding earlier. 7 of 2007 contains the rules procedures accounting and reporting requirements for companies incorporated or registered in sri lanka.
Or requirements as to name. Where a firm individual or corporation having a place of business within sri lanka carries on the business wholly or mainly as nominee or trustee of or for another person or other persons or another corporation or acts as agent for any foreign firm for the general purposes of the business of such foreign firm in sri lanka the. B contains the words chamber of commerce unless the company is a company which is to be registered under a licence granted under section 34 without the addition of the word limited to its name.
Department of the registrar of companies.