1 September, 2018
A Q&A guide to doing business in Sri Lanka.
This Q&A gives an overview of key recent developments affecting doing business in Sri Lanka as well as an introduction to the legal system; foreign investment, including restrictions, currency regulations and incentives; and business vehicles and their relevant restrictions and liabilities.
The article also summarises the laws regulating employment relationships, including redundancies and mass layoffs, and provides short overviews on competition law; data protection; and product liability and safety. In addition, there are comprehensive summaries on taxation and tax residency; and intellectual property rights over patents, trade marks, registered and unregistered designs.
1. What are the key recent developments affecting doing business in your jurisdiction?
2. What is the legal system based on (for example, civil law, common law or a mixture of both)?
3. Are there any restrictions on foreign investment (including authorisations required by central or local government)?
For the full article, please click here.
For further information, please contact:
Savantha De Saram, Partner, D.L.&F. De Saram.