One of the foremost inquiries we receive from our clients pertains to the timeline for company incorporation in Sri Lanka. Understanding this timeline is crucial for planning and executing business strategies effectively. At Ananda Sirisena & Co (ASAC), we aim to simplify this process while providing transparency regarding the associated timelines.
The Pre Incorporation Process:
Before delving into the timeline, it’s essential to navigate through the pre-incorporation process. This involves deciding on the company structure, gathering necessary details, and obtaining name approval. To expedite this phase, we’ve introduced an online company registration form, reducing time-consuming paperwork for our clients. Once you decide to proceed with us, simply fill out the online application form, and our team will handle the initial formalities.
Now, let’s explore the general timeline for each step:
- Name Approval: Obtaining name approval typically takes 2-3 business days. However, there are instances where we secure approval instantly, streamlining the process for our clients.
- Preparation of Incorporation Documents: Our dedicated team works tirelessly to prepare the necessary incorporation documents promptly, ensuring efficiency and accuracy in documentation.
- Signing of Paperwork: With the advancement of digital platforms like eROC, we can now process company registrations online by submitting scanned copies of documents. Utilizing tools such as Adobe e-signature facilitates instant signature acquisition, eliminating the need for physical paperwork and reducing both time and material costs.
- Incorporation: The final step involves the actual incorporation of the company, which typically takes approximately 5-7 business days. While instances of instantaneous incorporation exist, delays beyond the expected timeframe may occur. Rest assured, our dedicated team proactively follows up with ROC officials to expedite the process and ensure timely incorporation.
Embracing the latest technologies enables us to cater to your company incorporation needs promptly. Whether you require immediate incorporation or seek clarity on the process, our team at ASAC is equipped to assist you every step of the way.
To learn more about our streamlined process and discuss your company registration requirements further, feel free to reach out to us via our Contact Us form. Let’s embark on your business journey together, with efficiency and reliability as our guiding principles.
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