Sri Lanka, an island nation in the Indian Ocean, is well-known for its picturesque natural landscapes and rich cultural diversity. The country boasts a stable economy and a high rate of employment, making it an attractive destination for entrepreneurs seeking profitable business opportunities, both domestic and foreign. Sri Lanka’s trade market is the most open in South Asia, allowing for up to 100% foreign investment in the private sector, albeit with some restrictions in specific industries.
Setting up a company in Sri Lanka is a relatively uncomplicated process, and it offers several advantages for investors in comparison to other countries across the globe. Notably, foreign entrepreneurs do not need to be residents, and they can hold complete ownership of their business, although there are some limitations for specific industries. Moreover, Sri Lanka has a robust market framework and a favorable environment for corporate entities, while its residents enjoy high employment rates and social stability.
No matter what type of business you want to run or the industry you belongs to, Bhakat Associates will take care of the registration process with our easy and affordable services.