The journey to incorporating your Private Limited Company (Pvt Ltd) in Sri Lanka looks different depending on where you’re starting. Choose the scenario below that best describes your current situation to get immediate, relevant guidance.
Scenario 1: The Idea Stage (Pre-Registration)
🎯 Your Situation: “I have a great business idea and a unique name, but I haven’t reserved it or opened an eROC account yet. I need to know the exact steps and costs to start.”
| Action Item | Your Focus | Next Step Recommendation |
| Name Reservation | Checking availability and paying the initial LKR 2,360.00 fee. | Start with the eROC portal guide, focusing on Phase 1: Name and Setup (See Way 1). |
| Business Structure | Confirming that Pvt Ltd is the right legal vehicle for your goals. | 360 Accountants Free Consultation: Talk to our experts to confirm limited liability is the best structure for your vision. |
Scenario 2: The Paperwork Paralysis (eROC Submission)
🎯 Your Situation: “My name is approved, but I’m overwhelmed by Forms 1, 18, and 19. I don’t have a Company Secretary and I’m terrified of getting rejected by eROC.”
| Action Item | Your Focus | Next Step Recommendation |
| Document Compliance | The mandatory requirement of A4 PDF, clear scans, and proper signatures for statutory forms. | Review Way 5: The Time Saver Guide to understand the risk of DIY and the benefit of outsourcing. |
| Mandatory Secretary | Securing the resident Registered Company Secretary required to file Form 19. | 360 Accountants Secretarial Service: Our team fulfills the role immediately, removing your single biggest legal bottleneck. We guarantee accurate submission. |
| Submission Risk | Avoiding common formatting errors that lead to re-submission cycles. | Read the Q&A Section on Rejection Reasons (Way 4) for detailed insights into eROC technical requirements. |
Scenario 3: The Foreign Investor (Special Compliance Needs)
🎯 Your Situation: “I am a non-resident investor or a foreign company looking to set up operations in Sri Lanka. I need clarity on currency, tax, and local residency rules.”
| Action Item | Your Focus | Next Step Recommendation |
| AoA and Translations | Ensuring the Articles of Association (AoA) includes the required trilingual name and clear foreign objectives. | Review Way 6: The Foreign Investor Edition for specific document and residency requirements. |
| Local Legal Anchor | Navigating local regulations and ensuring compliance with foreign ownership rules (e.g., Beneficial Ownership Register). | 360 Accountants Premium Package: We specialize in guiding foreign investors, managing the local complexities (like the Gazette notice and BO registers) on your behalf. |
Scenario 4: The Post-Registration Rush (Compliance & Tax)
🎯 Your Situation: “I have my Certificate of Incorporation, but now I’m facing the IRD (tax) requirements. I need to register for a TIN and set up bookkeeping.”
| Action Item | Your Focus | Next Step Recommendation |
| Immediate Compliance | Mandatory TIN registration and establishing accurate financial records (Companies Act Sec 148). | Review Way 3: The Financial Analyst’s Breakdown for a clear roadmap on post-incorporation legal and financial deadlines. |
| Long-Term Management | Ongoing bookkeeping, payroll (EPF/ETF), and filing the annual Corporate Income Tax (CIT) return. | 360 Accountants Bookkeeping & Compliance Service: We integrate seamlessly with your business to handle all monthly and annual filings, preventing expensive penalties. |
🏆 We Simplify Complexity. Choose Your Solution.
No matter where you are in the journey, 360 Accountants has a tailored, professional service to ensure your Pvt Ltd company registration in Sri Lanka is fast, flawless, and fully compliant.
