Best Business Lawyers in Colombo

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John Wilson Partners
Colombo, Sri Lanka

Founded in 1920
12 people in their team
Afrikaans
English
French
Sinhala
Tamil
Swedish
Business Employer International +4 more
ABOUT US: Founded in 1920 by the late Senator John Wilson, the firm is an established legal practice in Sri Lanka, providing service in the areas of civil litigation, commercial law and notarial practice to corporations, financial institutions and individuals. John Wilson Partners has an...
Premier Legal Consultants
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
Premier Legal Consultants is a law firm established in Sri Lanka. Our team of lawyers are committed in providing high quality and timely legal services to our clients. We provide a range of legal services for both local and international clients.Premier Legal Consultants is a law firm established...
Qanunie Consultants
Colombo, Sri Lanka

Founded in 2021
4 people in their team
English
Sinhala
Who We Are: Qanunie Consultants offer a multitude of legal services covering a wide scope ranging from legal consultancy, contracts management, company secretarial, conveyancing to civil and corporate litigation as well as HRM and business administration. Comprising a team of highly qualified...
Melgate International (Pvt) Ltd
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
WELCOME TO MELGATEWORK WITH IMMIGRATION ATTORNEYS & LEGAL EXPERTSMelgate is a specialized Immigration Law firm providing a full range of immigration services in your quest to migrate Canada, Australia, NZ, UK, USA or EU countries temporary or permanently and the firm has a global reach in vary...
Legante

Legante

30 minutes Free Consultation
Colombo, Sri Lanka

Founded in 2024
6 people in their team
English
Tamil
Sinhala
Legante is a progressive full-service law firm in Sri Lanka, offering strategic legal solutions in intellectual property, commercial law, labor law, dispute resolution, regulatory compliance, and cross-border investment advisory, with a strong international outlook. Please visit our website;...
Iconic Partners Private Limited
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
About Iconic PartnersICONIC PARTNERS, reputed among the handful of Legal Consultancy and Business Advisory firms in Sri Lanka functions in the Heart of Colombo with the objective of achieving the foremost rank in the fields of Litigation Consultancy Services and Corporate Advisory Services.The firm...
TRIVE LEGAL ASSOCIATES
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
OverviewRanging from the work of an Instructing Attorney to fully fledged Counsel in the Courts of First Instance, Appellate Courts and any other for a. We also facilitate mediations, arbitrations, negotiations, settlementWe specialize in Company Law, Commercial Law, Intellectual Property, Shipping...
ATD Legal Associates

ATD Legal Associates

1 hour Free Consultation
Colombo, Sri Lanka

Founded in 1976
10 people in their team
English
Sinhala
Chinese
 Welcome to ATD Legal Associates Innovative Legal Solutions for a Digital and Global EraAt ATD Legal Associate  we specialize in navigating the complexities of modern legal landscapes. From safeguarding your intellectual property to ensuring compliance with international data privacy...
Macon Associates
Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
ABOUT MACONSWHO WE AREMacon Associates specialize in providing total corporate and legal solutions to individuals and businesses. We are committed to maintaining integrity and ethical dealings while protecting your interests.Our philosophy is to provide cost-effective and timely solutions, while...
SSKM Attorneys

SSKM Attorneys

15 minutes Free Consultation
Colombo, Sri Lanka

Founded in 2012
15 people in their team
Sinhala
Tamil
English
SSKM Attorneys was established with the goal of delivering a modern and responsive service for a changing world. The law firm is led by a team of highly qualified, versatile lawyers with extensive knowledge and multidisciplinary experience in both international and local contexts.By working with...
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About Business Law in Colombo, Sri Lanka

In Colombo, Sri Lanka, business law is significantly influenced by the British legal system owing to its colonial history. The legal framework related to business covers various areas such as company formation, operational law, tax law, labor law, intellectual property rights, and more. Importantly, the country is a signatory to many international conventions, making it a favorable terrain for international business operations too.

Why You May Need a Lawyer

Involving a lawyer in your business processes can be instrumental in ensuring compliance with local and international laws. From establishing a business, preparing contracts, resolving disputes to dealing with complicated regulatory issues, professional legal advice can mitigate risks. Furthermore, lawyers can also help you navigate through challenging situations such as mergers, acquisitions, or even bankruptcy.

Local Laws Overview

The Companies Act No. 7 of 2007 is the primary legislation governing businesses in Sri Lanka. It makes provisions for the incorporation, management, regulation and dissolution of companies. The Board of Investment Law manages foreign investments, Intellectual Property Act takes care of copyrights, patents, and trademarks, while Import and Export regulations address the international trade policies. Moreover, there are regulations for taxation, labor law, and environmental law that businesses must adhere to.

Frequently Asked Questions

How can I form a company in Colombo?

The company formation process in Sri Lanka involves business registration with the Registrar of Companies through an online portal, and it includes several steps such as submitting the Articles of Association, the Form 1, Form 18 and Form 19.

Are there any special regulations for foreign businesses?

Foreign businesses may have to meet additional requirements such as obtaining BOI approval. Also, for some sectors, there are limitations on the level of foreign ownership.

How is the intellectual property protected in Colombo?

Intellectual property in Sri Lanka is protected under the Intellectual Property Act of 2003. This includes copyrights, patents, trademarks, industrial designs, and trade secrets.

What are the labor laws principles in Colombo?

The Shop and Office Employees Act, the Factories Ordinance and the Wages Board Ordinance are main laws protecting workers' rights in Colombo, Sri Lanka. They cover aspects like working hours, wages, leave, and health and safety.

What are the regulations about tax in Colombo?

Businesses in Sri Lanka are subject to various taxes such as income tax, economic service charge, VAT, NBT, customs duties, and others. The specific rates and applicability may vary depending on the nature of the business.

Additional Resources

The Department of Registrar of Companies, Board of Investment, the Sri Lanka Export Development Board, and the Department of Labor are crucial institutions for dealings in business law. They provide valuable resources and tools for business owners.

Next Steps

If you seek legal assistance in Business, consider finding a reputable legal firm in Colombo. Ensure the firm specializes in business law and has experience regarding your specific area of concern. It is advisable to prepare noted details about your legal needs, gather necessary documents, and be ready to articulate your expectations clearly for effective assistance.

Lawzana helps you find the best lawyers and law firms in Colombo through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Business, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Colombo, Sri Lanka - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.