Operate with confidence in Sri Lanka, stay compliant, reduce regulatory risk, and access markets smoothly.
BPC helps businesses meet legal, industry and international trade obligations by combining technical know-how with practical, local experience. We support company registrations and licensing, regulatory mapping, trade and customs compliance, risk management, and ongoing corporate governance, so you can focus on growing the business.
Why regulatory compliance matters in Sri Lanka
Sri Lanka’s regulatory landscape spans company law, taxation, central bank directives, customs and trade controls, and sector-specific licensing (BOI, health, food safety, environment, financial services, etc.). Non-compliance can result in fines, halted shipments, licence suspensions or reputational damage — while good compliance unlocks market access, finance and investor confidence. We help you turn regulatory obligations into a competitive advantage by making them manageable and predictable. ([Department of the Registrar of Companies][1])
What we do, practical services
Company Secretarial Services
Ensure full legal compliance and seamless corporate governance in Sri Lanka.
Our Company Secretarial Services help businesses of all sizes meet statutory obligations, maintain accurate records, and operate with confidence under the Companies Act, No. 7 of 2007 and related regulatory frameworks.
We support new and existing companies with all secretarial, governance, and compliance requirements, ensuring your organisation remains legally protected, properly structured, and fully up to date with Sri Lankan regulations.
Company Incorporation & Registration
- We assist with the complete process of registering a new business in Sri Lanka, including:
- Name reservation and approval through the Department of the Registrar of Companies
- Preparation and filing of Articles of Association
- Incorporation of Private, Public, and Guarantee Companies
- Registration of Foreign Companies and Branch Offices
- Obtaining TIN, VAT, SVAT (if applicable), and other regulatory registrations
Statutory Compliance & Annual Filings
- Under Sri Lankan law, companies must comply with periodic filings to remain active and penalty-free. We manage:
- Annual Return filing (Form 15)
- Statutory updates (Form changes for Directors, Secretaries, Share transfers, Address changes, etc.)
- Maintaining statutory registers: Register of Directors, Register of Shareholders, Register of Charges, Minutes of Board and General Meetings and Preparation and filing of beneficial ownership details
Board & Shareholder Meeting Management
We ensure that meetings are conducted in line with regulatory and governance standards:
- Drafting board resolutions and meeting minutes
- Organising Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs)
- Preparing notices, agendas, and compliance documentation
- Ensuring proper quorum and record-keeping practices
Licensing & permits
We identify and obtain the licences your business needs, local authority, industry regulator, environmental permits, food and health approvals, and sectoral authorisations (including BOI documentation where relevant). We prepare application packages, follow up with authorities and ensure timely renewals.
Trade & customs compliance
Support for import/export compliance, customs registration, HS classification, documentation (commercial invoices, packing lists, certificates of origin), and customs clearance procedures, whether you’re a new importer/exporter or scaling cross-border operations. We help align your processes with customs requirements to prevent shipment delays and penalties.
Regulatory mapping & gap analysis
We map the legal and regulatory obligations that apply to your business (national and sectoral), assess compliance maturity, identify gaps and prioritise remediation with a clear, costed action plan.
Compliance programmes, policies & training
Draft and implement compliance manuals, SOPs, anti-bribery/anti-corruption policies, AML/KYC procedures and data protection measures. We deliver targeted staff training and establish reporting lines to make compliance part of everyday operations.
Risk management & internal controls
Design and implement risk registers, internal control frameworks, and monitoring systems to manage regulatory, operational, financial and reputational risks, including crisis and business continuity planning.
Regulatory representation & dispute support
Act as your authorised liaison with regulators (Registrar of Companies, IRD, Customs, BOI, sector regulators), prepare responses to regulatory enquiries, and support appeals or remediation where required.
How we work — a clear, staged approach
- Initial diagnostic & regulatory mapping, quick review to identify licences, filings, trade controls and key regulatory risks.
- Gap analysis & compliance plan, prioritised roadmap with actions, owners, timelines and costs.
- Implementation, prepare applications, update policies, set up registers and controls, deliver training.
- Ongoing monitoring, compliance calendar, reminders for renewals and filings, periodic audits and reporting.
- Continuous improvement, update the programme when laws change or your operations evolve.