Tag: startup registration sri lanka

July 17, 2025
⚖️ What Every Business Owner Should Know About Recovering Distributions & Shareholder Liability Reduction Under Sri Lankan Law

When it comes to managing company finances, especially distributing profits and adjusting shareholder liabilities, complying with the law is critical….

July 17, 2025
📊 Understanding Dividends: What Sri Lankan Business Owners Need to Know

Compliant dividend distribution can protect your company and shareholders. Here’s how to get it right under Section 60 of the…

July 17, 2025
💼 Understanding Stated Capital and Capital Reduction: A Must-Know Guide for Sri Lankan Business Owners

As a business owner or director, it’s easy to focus on daily operations and overlook how your company’s capital structure…

July 17, 2025
🧪 Solvency Test (Section 57): What It Means & How to Apply It

The solvency test is a legal financial check that must be satisfied before a company does any of the following:…

July 17, 2025
🧪 Solvency Test: Understanding the Assets vs. Liabilities Requirement

To make a legal distribution (e.g., a dividend), a company must pass the Solvency Test. This test has two parts:…

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…

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