Best New Business Formation Lawyers in Sri Lanka

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John Wilson Partners

John Wilson Partners

Colombo, Sri Lanka

Founded in 1920
12 people in their team
Afrikaans
English
French
Sinhala
Tamil
Swedish
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...
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Continental Law AssocIates

Continental Law AssocIates

Colombo, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
ABOUT USEstablished in the year 2000, we take pride in our nearly two decades long legal practice providing feasible solutions to the legal needs of clients in a multitude of areas. The firm has had hands on experience, specializing in Commercial Law, Local and International Arbitration, Civil Law...
PK Law Chamber -Prasanna Karunasekara Attorneys at Law

PK Law Chamber -Prasanna Karunasekara Attorneys at Law

Kiribathgoda, Sri Lanka

Founded in 2000
50 people in their team
Sinhala
English
Tamil
About UsPrasanna Karunasekara Law Chamber (PK Law Chamber) is a Law Chamber working with a team of highly skilled law partitioners. The rapidity with which, Prasanna Karunasekara Law Chambers (PK Law Chambers) has reached its goals, while offering a broad range of practice areas, we take pride in...
Macon Associates

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...
Nithi Murugesu & Associates

Nithi Murugesu & Associates

Colombo, Sri Lanka

Founded in 1962
200 people in their team
Sinhala
English
Tamil
Nithi   Murugesu   &   Associates   are   a   team   of   experienced   Attorneys-at-Law   and   Patent   & Trademark  Agents  who  specialize  in  all  areas  of  civil  and...
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...
Paul Ratnayeke Associates

Paul Ratnayeke Associates

Colombo, Sri Lanka

Founded in 1987
50 people in their team
Sinhala
Tamil
English
Paul Ratnayeke AssociatesPaul Ratnayeke Associates was founded in 1987 by its Senior Partner, Mr. J. H. Paul Ratnayeke to create a more focused, efficient and responsive practice in the fields of Corporate, Commercial, Litigation and Financial law.The firm ensures that all clients’ legal needs...
Neelakandan & Neelakandan

Neelakandan & Neelakandan

Colombo, Sri Lanka

Founded in 1962
200 people in their team
Sinhala
English
Neelakandan & Neelakandan (formerly Murugesu & Neelakandan) is one of the leading and oldest full-service law firms in Sri Lanka and has been in practice for almost 60 years.The Firm was founded in 1962 by the late Mr. Velupillai Murugesu, and built to be recognised as one of the most...
Gregory's Partners

Gregory's Partners

Colombo, Sri Lanka

Founded in 1970
200 people in their team
Sinhala
English
Tamil
AboutThe Sri Lankan economy and therefore its legal system has traditionally been influenced by the island’s colonial past. Thus, the legal profession in Sri Lanka was traditionally divided into two fractions based on functionality influenced by a similar divide in the English Legal system.The...
Premier Legal Consultants

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...
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About New Business Formation Law in Sri Lanka:

New Business Formation in Sri Lanka refers to the process of starting a new business or company in the country. It involves registering the business, obtaining necessary permits and licenses, and complying with various regulations. This process can be complex and may require legal assistance to ensure compliance with all relevant laws.

Why You May Need a Lawyer:

There are several situations where you may need legal help in New Business Formation in Sri Lanka. Some common scenarios include:

  • Registering a new business entity
  • Obtaining permits and licenses
  • Drafting contracts with suppliers or clients
  • Resolving disputes with partners or shareholders
  • Ensuring compliance with tax laws and regulations
Having a lawyer can help you navigate these legal complexities and protect your interests.

Local Laws Overview:

Key aspects of local laws relevant to New Business Formation in Sri Lanka include:

  • The Companies Act, which governs the formation and operation of companies
  • The Business Registration Act, which outlines the process for registering a business entity
  • Tax laws and regulations, which dictate how businesses are taxed in Sri Lanka
  • Labor laws, which regulate employment practices and relations with employees
It is important to understand and comply with these laws to ensure the success and legality of your new business.

Frequently Asked Questions:

1. How do I register a new business in Sri Lanka?

To register a new business in Sri Lanka, you need to submit the necessary documents to the Department of the Registrar of Companies and pay the required fees. It is advisable to consult with a lawyer to ensure all legal requirements are met.

2. What permits and licenses do I need to operate a business in Sri Lanka?

The permits and licenses you need depend on the nature of your business. Common licenses include a business registration certificate, tax registration, and any industry-specific permits. A lawyer can help you determine the specific licenses you need.

3. How can a lawyer help me with contracts for my new business?

A lawyer can review, draft, and negotiate contracts with suppliers, clients, and other parties on your behalf. They can ensure that your interests are protected and that the contracts comply with all relevant laws.

4. Can a lawyer help me with tax compliance for my new business?

Yes, a lawyer can help you understand your tax obligations, file tax returns, and ensure compliance with tax laws and regulations in Sri Lanka.

5. What are the advantages of having a lawyer for New Business Formation in Sri Lanka?

Hiring a lawyer can help you navigate legal complexities, protect your interests, and ensure compliance with all relevant laws and regulations. A lawyer can also provide valuable advice and guidance throughout the process of starting a new business.

6. How much does it cost to hire a lawyer for New Business Formation in Sri Lanka?

The cost of hiring a lawyer for New Business Formation in Sri Lanka can vary depending on the complexity of your business and the services required. It is advisable to discuss fees and payment arrangements with your lawyer before engaging their services.

7. How long does it take to complete the New Business Formation process with legal assistance?

The timeline for completing the New Business Formation process with legal assistance can vary depending on the specifics of your business and the legal requirements involved. A lawyer can provide you with an estimated timeline based on your situation.

8. Can a lawyer help me with intellectual property issues for my new business?

Yes, a lawyer can help you protect your intellectual property rights, such as trademarks, copyrights, and patents, to prevent others from using your ideas or creations without permission.

9. What should I look for when hiring a lawyer for New Business Formation in Sri Lanka?

When hiring a lawyer for New Business Formation in Sri Lanka, consider their experience, expertise in business law, reputation, and communication style. It is important to choose a lawyer who you are comfortable working with and who understands your specific needs.

10. How can I find a reliable lawyer for New Business Formation in Sri Lanka?

You can find a reliable lawyer for New Business Formation in Sri Lanka by asking for recommendations from other business owners, conducting online research, checking with local bar associations, and scheduling consultations with potential lawyers to discuss your needs and expectations.

Additional Resources:

For more information on New Business Formation in Sri Lanka, you can consult the Department of the Registrar of Companies, Sri Lanka Export Development Board, and Sri Lanka Chamber of Commerce. These organizations can provide valuable resources and support for starting a new business in Sri Lanka.

Next Steps:

If you require legal assistance for New Business Formation in Sri Lanka, consider consulting with a qualified business lawyer who can guide you through the process, protect your interests, and ensure compliance with all relevant laws and regulations. Do not hesitate to seek legal advice to safeguard the success and legality of your new business venture.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.