1. A company shall not be registered by a name which—
   • Is identical with the name of any other company or of any registered overseas company
   • Contains the words “chamber of commerce”,
   • Is in the opinion of the registrar, misleading
2. Except with the consent of the minister given having regard to the national interest, no company shall be registered by a name which contains the words :—
   • “President”, “Presidential”;
   • “Municipal”, “Incorporated”;
   • “Co-operative”, “Society”;
   • “National”, “State” or “Sri Lanka” or other words which in the opinion of the registrar suggest or are calculated to suggest, any connection with the government or any government department.

Generally it is not required to have a object clause in the Articles of Association. However it can have the objects as a part of the Articles of Association, if the rules of the Exchange Commission or Stock Exchange or a Board of Investment agreement requires the objects to be included.

• at least two for a Public Company
• at least one for any other Company

Age limit is 70 years

It will depend on the type of the company and the number of directors. Please get a quotation from the company.

There should be at least two natural persons to incorporate a company, therefore, single director cannot be appointed as the company secretary.

Approximately 3 working days takes after signing the documents

The combination of two or more companies into a new entity by combining the assets and liabilities of both entities into one.

A foreigner can be appointed as a director of a company but there are some restriction on that.

1. In case of Individual Business or Partnership
   • Certificate of the business registration,
   • Photocopies of the National Identity Card (NIC) of the owner/partners.
2. Registered Under Companies Act No 7 of 2007
   • Certificate of incorporation (Form 2A)
   • Application for registration of a company (Form 1) (Certified copy issued by the registrar of companies)
   • Articles of association with signatures of the Shareholder
   • Photocopies of the National Identity Card of the Directors
   • BOI registration certificate and BOI Agreement (for BOI companies)
3. In case of Companies Incorporated outside Sri Lanka:
   • Address (Form 44)
   • Directors (Form 45)
   • Authorized Person (Form 46)
   • Incorporation Certificate (Form 42)
   • Articles of association with signatures of the Shareholders
   • Photocopies of valid Passports of Directors
4. In case of any other Project/ Joint Ventures:
   • Request letter of Project Director
   • Project Agreement
   • Photocopies of NICs or Passports of Directors
   • Copy of Registration Certificate issued by the relevant government authority

• Tax payers Identification Number (TIN ce​rtificate),
• In case of import purposes, the commercial invoice with bank endorsement and the Bill of Lading/Airway Bill,
• In case of export purposes, the export license issued by the Export Development Board or other exports relevant documents (Ex. Registration certificate of Tea Board, Coconut Cultivation Board, Gem and Jewellery Authority),
• In case of income tax payers, the receipt of last payment,
• In case of proprietorship or partnership business, business registration certificate,
• NIC of the applicant/Director,
• In case of limited liability company, Certificate of Incorporation (Form 2A/41), application for registration of company (Form 01/40).