A step by step guide to Doing Business in Sri Lanka Central Bank of Sri Lanka ISBN 978- 955-575-373-9 Central Bank of Sri Lanka Statistics Department P.O. Box 590 Colombo Sri Lanka Tel. : 94-11-2477579 Fax. : 94-11-2477728 E-mail :
[email protected] Web site : www.cbsl.gov.lk Revised Edition: 2018 Published by the Central Bank of Sri Lanka 30, Janadhipathi Mawatha, Colombo 1, Sri Lanka. Printed by the Central Bank of Sri Lanka Printing Press 58, Sri Jayewardenepura Mawatha, Rajagiriya, Sri Lanka Foreword This is the eighth edition in the series “A Step by Step Guide to Doing Business in Sri Lanka” published by the Statistics Department (STD) of the Central Bank of Sri Lanka. The first of the series was published in October 2010. This is in line with STD’s constant contribution towards encouraging the implementation of reforms in the current regulatory framework relating to the areas in Ease of Doing Business (DB) ranking published by the World Bank and International Finance Corporation. The changes in regulations, contributing to doing business in Sri Lanka in ten areas of the life of a business – Staring a business, Dealing with Construction Permits, Getting Electricity, Registering Property, Getting Credit, Protecting Minority Investors, Paying Taxes, Trading across Borders, Enforcing Contracts and Resolving Insolvency – are measured in the DB ranking. This booklet encompasses, in one single source, all the prevailing regulations applicable in the mentioned ten areas and other useful topics of interest to a potential entrepreneur. Starting from the first edition of the booklet, STD tries to ensure that the most up-to-date information gathered from the relevant institutions is available to the user and this guide covers the regulatory information up to mid 2018.