MMD

Landing a Team in Sri Lanka

Site visit to a fully operating team, run as one project with one person accountable for the whole timeline — not five vendors each working from their own assumptions. Most delays come from workstreams running in the wrong order, not from any single approval being slow.

Common questions

How do I start a business in Sri Lanka as a foreigner? +

Four stages: site visit and structure decision, incorporation and banking, office and hiring, then onboarding and full operation. Most of it can run in parallel — the sequence matters far more than the speed of any single approval.

Read more: The 90-day landing roadmap
How long does it actually take to be up and running? +

It depends on five variables: which registration route you take, whether a sector licence applies, whether the office is ready or needs fit-out, how many people you hire first, and what visa type your expatriate staff need. Fix those five and the timeline follows.

Read more: The five variables that set your timeline
What can run in parallel, and what has to wait? +

Registration, licensing, visas and office setup are four parallel tracks with a few hard links between them: no entity means no company bank account, no registered address means certain filings cannot be made, and no employing entity means no work authorisation.

Read more: Coordinating the four workstreams
What should the first site visit actually cover? +

A site visit is not a tour. Two weeks should produce three decisions: the registration route, the office district and format, and the shape of the first team. Meet a lawyer or accountant, a recruiter, and the actual landlords of at least three shortlisted spaces.

Read more: Turning meetings into landing decisions
How should we budget for it? +

Split it by start-up conditions and cash rhythm rather than listing line items. Some spending unblocks the next step and cannot be deferred; some can wait. Knowing which is which tells you where a month of delay is harmless and where a week is fatal.

Read more: How to structure the entry budget
Can this be managed remotely from headquarters? +

Mostly yes, with a few exceptions that need someone physically present — handover inspection, parts of the bank account opening process, and the first employees onboarding. What makes remote management work is a defined chain of responsibility and evidence, not more status calls.

Read more: Responsibility, cadence and evidence when managing remotely
Should we register under BOI or as an ordinary company? +

It follows the business model, not which one sounds better. The BOI route takes longer and carries investment commitments in exchange for treatment under specific conditions; an ordinary private limited company is faster with lighter requirements.

Read more: Choosing the route by business model
Who is responsible for what — lawyer, accountant, landlord, recruiter? +

This is where gaps appear. Assuming the lawyer covers everything is the common mistake: incorporation filings, tax registration, lease terms and employment compliance sit with different parties, each accountable only for their own part.

Read more: Who owns which part of the project
How do we handle currency movement against the budget? +

Set alert thresholds on the project budget and re-evaluate payment timing when they trigger, rather than discovering the overrun at settlement. Leases and supplier contracts can also carry an agreed adjustment mechanism.

Read more: Setting budget alert thresholds
What do foreign companies most often get wrong? +

Top of the list: treating "the company is registered" as "we can trade". Registration gives you the legal entity; whether you can carry out a specific activity depends on sector licensing, scope and premises. Second is sequencing — tracks left waiting on each other.

Read more: The seven most common entry questions

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