Central Bank of Sri Lanka releases latest ‘A Step by Step Guide to Doing Business in Sri Lanka’
The Central Bank of Sri Lanka (CBSL) has recently released the ninth edition of the series ‘A Step by Step Guide to Doing Business in Sri Lanka’ in English medium for the public.
The CBSL has announced that the latest edition is a source document, which contains information relevant for the business community and foreign investors, and facilitates saving their time and cost in accessing such information.
The electronic version of the publication is available online at https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/publications/dbsl_2021.pdf and can be accessed through the Central Bank website (http://www.cbsl.gov.lk).
The booklet encompasses, in a single source, all prevailing regulations applicable for starting, operating, and closing a business enterprise in Sri Lanka and the other information useful for potential entrepreneurs, local media reports state.
The information in this booklet is summarised under three main chapters: ‘Starting a Business’, ‘During the Business’ and ‘Other Activities’. In the chapters, comprehensive information on the relevant institutions, documentary requirements, regulatory clearance requirements, associated costs and contact details that are helpful for the users to obtain further clarifications, are included.
The printed version of the publication is available for sale from the Sales and Distribution Counters of the Central Bank of Sri Lanka.
OSL take:
Sri Lanka’s economic resilience amidst challenges posed by the global Covid 19 pandemic, the ongoing development programme and the move towards becoming an emerging business destination in the South Asian region has made Sri Lanka one of the most attractive business/investment destinations in the country. The country’s geographical positioning in the Indian Ocean and the many trade agreements as well as concessions enjoyed by the country have also added to Sri Lanka’s attractiveness as a business destination in the region. Foreign businesses/investors could therefore explore the growing business potential and opportunities in Sri Lanka.
| Article Code : | VBS/AT/12102021/Z_7 |