What we do
i. Company formation / Incorporation
• Company formation is a process of incorporating a business in the form of a company. When company is registered, it becomes a separate legal entity. Incorporation is the legal process used to form a corporate entity or a Company.
• A lo is completely distinct from its owners and the responsible person. Incorporation would have many advantages for a business and its owners.
• Formation of our services are tailored to assist businesses in the setting up and administration of their companies, services we provide include. Private / Public / BOI Com., / Partnership / Society
and NGO under Voluntary Services Org.
Annual Retainer Services
• Operating Company Secretaries
• Association Secretaries
• Non-Operating Association /Com,
ii. Branch registration and compliance services
• Branch office is an authorized place in a different location to carry out similar trading transactions as operated by the Head Company or group companies. For example, want to start a branch office in nearby Kaluthara, we are here to make work branch office registration easy.
iii. Maintaining statutory registers
• Preparing and maintaining statuary company registers is a requirement of the Companies Act, 2007.
iv. Preparing resolutions & extracts
• When we make a decision that is a vital part of the company, then the board have to pass a resolution.
• We provide the service regarding passing board resolutions and advice, related to the above content.
v. Managing share transfer/ Allotments/ Buyback/Dividend /Debentures
• A share transfer involves a movement of assets, monetary funds, or ownership from one person to another; either by sale or gift. Our team will provide the service on how to transfer existing shares within your company, a guide for allotting shares and buyback of shares.
• We provide the Services to Share Dividends and Debentures.
vi. Managing bonus/ right issues
• Rights Issue is a right issued to its existing shareholders to subscribe to the shares at a discounted price within a specified time period. A bonus issue is an issue of shares by the Company to its existing shareholders free of cost. It is issued in relation to number of shares held by the shareholders.
• Our team will provide the advices and services regarding to the above matter.
vii. Annual compliance services including preparing & filing annual returns
• Annual Return is filing Form 15 an annual report delivered to the Registrar by the company at least once a year. The First Annual Return should be delivered after 18 months from the Date of Incorporation. Then the Company should deliver the Annual Report each year. There is a specific Structure to create the Report.
• The Company has to hold an Annual General Meeting, minimum which is 14 days prior to the Annual Return Date.
viii. Convening and handling board/ shareholders’ meetings
ix. Attending to formalities for the fulfillment of requirements laid down in the Companies Act
x. Providing a registered office for companies for statutory registrations
• We provide a registered office service in all the jurisdictions in that we operate. We usually give our clients the best of both worlds by providing a cost-effective option in addition to a prestigious address within a main city or capital city.
• This can be important by giving your business a professional image. For more information please don’t hesitate to contact us. Alternatively, you can complete our contact form and a representative will be in contact in due course.
xi. Facilitating company meetings
• Facilitation can involve a long list of possible tasks, depending on the situation. This list of core tasks will be relevant to most meetings: Helping the group decide on a realistic agenda and time-frame for the meeting. Keeping the meeting focused on one item at a time until the issue is resolved.
xii. Custody of the company seal
• Custody and Use of Seal. The Board shall provide a Seal for the Company and shall provide for the safe custody of that Seal, which shall only be used by the authority of the Board or of a committee of the Board authorized by the Board in that behalf.
xiii. Winding up
• Since the companies are legal personalities, their winding up is regulated by law. In Sri Lanka, the winding up of companies is regulated by the Companies Act No.07 of 2007 and the Winding-up Rules of 1939. Since winding up a business is a legal process regulated by law and Sri Lanka winding up of companies is regulated by the Companies Act, No. 7 of 2007 and Rules of 1939.