Tag: must

July 17, 2025

💸 Distributions to Shareholders: What Business Owners Must Know (Section 56 Explained)

When your company earns profits, you might want to reward shareholders with a distribution—often in the form of dividends. But…

July 16, 2025

🧾 Issuing Shares: What Business Owners Need to Know

Issuing shares is one of the most fundamental actions a company can take. Whether you’re starting a new company, merging…

July 15, 2025

🏢 What is the Minimum Age to Start a Private Limited Company in Sri Lanka?

In Sri Lanka’s fast-growing entrepreneurial space, people are starting businesses younger than ever. But a common legal question arises: How…

July 14, 2025

🏷️ Using Your Company Name and Number the Right Way in Sri Lanka

(Explained: Section 12 – Companies Act No. 07 of 2007) Once your company is registered in Sri Lanka, it officially…

July 14, 2025

🏢 How to Register a Company in Sri Lanka: A Step-by-Step Guide under the Companies Act No. 07 of 2007

Starting a company is an exciting milestone — but it must begin on solid legal ground. If you’re planning to…