The Founder's Roadmap
Your strategic guide from incorporation to operation. Follow these essential steps to ensure your startup is 100% compliant and ready for growth in Sri Lanka.
Startup Roadmap (Sri Lanka)
Track your journey from idea to a fully compliant business.
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Overall Completion
1. Company Incorporation
Legally register your business with the Registrar of Companies (ROC).
Checklist
- Submit Name Approval request
- Generate Form 1, 18, and 19
- Articles of Association preparation
- Pay registration fees via e-ROC
2. Tax Registration (TIN)
Register with the Inland Revenue Department (IRD) for your Tax ID.
Checklist
- Apply for Taxpayer Identification Number (TIN)
- Register for VAT/SSCL (if turnover > threshold)
- Access the IRD e-Services portal
3. Corporate Bank Account
Open a business bank account to manage company funds separately.
Checklist
- Prepare certified copies of Form 1, 18, 19
- Passed Board Resolution for bank account
- KYC documents for all directors
- Minimum deposit (varies by bank)
4. EPF & ETF Registration
Mandatory registrations if you plan to hire employees.
Checklist
- Register with the Department of Labour
- Obtain Employee Provident Fund (EPF) number
- Register for Employee Trust Fund (ETF)
- Prepare monthly contribution templates
5. Trade License & Permits
Obtain local authority approvals for your operations.
Checklist
- Municipal Council / Pradeshiya Sabha license
- Environmental Protection License (if manufacturing)
- Industry-specific permits (Tourism, Food, etc.)
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