Business
The Digital Revolution in company registration: Simplifying the process in Sri Lanka
The process of establishing a company has long been considered a complex and time-consuming task. However, in Sri Lanka, technological advancements are transforming this journey, making company registration more efficient and accessible for both local entrepreneurs and foreign investors.
Streamlining the Process
With the introduction of digital platforms like the electronic Registrar of Companies (eROC), the way entrepreneurs approach how to register a company in Sri Lanka has changed drastically. Gone are the days of excessive paperwork and multiple visits to government offices. Instead, individuals can now reserve a business name, submit essential documents, and track the application process—all-online. This streamlined approach not only saves time but also reduces errors, ensuring a smoother experience.
One of the most significant changes brought about by technology is its inclusivity. If you are asking, “Can I register a company in Sri Lanka without stepping into an office?” the answer is a resounding yes. Entrepreneurs now have the convenience of handling nearly every step of the process from the comfort of their homes. The ability to complete registrations online has made company formation more accessible than ever before.
Opportunities for International Investors
The integration of digital systems has opened doors for international investors, answering the common query, “Can a foreigner register a company in Sri Lanka?” Thanks to online platforms like eROC, the answer is yes. Foreign entrepreneurs can register their companies remotely, submitting required documents such as passports electronically and obtaining the necessary permits online. This technological leap makes it easier for international businesses to establish a presence in Sri Lanka.
Important Considerations
While technology simplifies the process, entrepreneurs should still be mindful of the key steps involved. When pondering the things to consider when registering a company in Sri Lanka, factors such as selecting the right business structure, complying with legal requirements, and understanding tax obligations remain crucial. Digital tools can assist in these areas by offering guidance and ensuring compliance.
A Glimpse into the Future
As Sri Lanka continues to embrace digital transformation, we can expect further innovations in the field of company registration. Emerging technologies, such as artificial intelligence and blockchain, hold the promise of even greater efficiency and security. These advancements will enhance the ease with which individuals can establish their businesses, driving economic growth and fostering entrepreneurship.
Technology has undeniably revolutionized the landscape of company registration in Sri Lanka, empowering entrepreneurs and investors alike. By harnessing these digital tools, the process of starting a business has become more accessible, efficient, and inclusive—ushering in a new era of economic opportunity.
Business
From Mt. Fuji to Sri Pada: Lessons from a father-son climb
by SK Samaranayake
For Daham Gunasena, reaching the summit of Mt. Fuji with his 12-year-old son was not the end of the journey but the beginning of a different kind of lesson.
Gunasena, Director – Commercial at SPAR Sri Lanka and a senior business leader, academic and Chartered Accountant, spent nearly 12 hours on August 19 climbing Japan’s highest mountain with his son, Methum. After eight hours of climbing, the pair reached the 3,776-metre summit before beginning a demanding four-hour descent to Fujinomiya 5th Station.
“The summit was only halfway,” Gunasena reflected, describing the experience as a lesson in preparation, perseverance and responsibility.
Their journey began two days earlier with a trial excursion to the 6th Station and the volcanic landscape around Mt. Hoei. The experience allowed Gunasena to assess the altitude, terrain, weather and equipment before deciding whether his son was ready for the summit attempt.
The climb itself reinforced the value of taking one step at a time. Rather than focusing on the distant summit, father and son concentrated on the next marker, the next few steps and short periods of rest.
Reaching the summit brought another lesson. After taking photographs and celebrating, they still had four hours of descent ahead of them over loose volcanic terrain.
“Reaching the top was an achievement. Returning safely was success,” Gunasena said.
The experience also prompted him to reflect on how Japan manages Mt. Fuji, including visitor education, digital information, sanitation, transport, safety and environmental protection.
Having climbed Sri Pada 12 times last year and five times so far this year, Gunasena sees opportunities to apply some of these principles in Sri Lanka without compromising the mountain’s unique pilgrimage traditions.
He suggested a comprehensive digital platform for Sri Pada providing information on weather, congestion, transport, sanitation, first aid and emergencies, while educating foreign visitors about its religious significance.
For Gunasena, however, the most enduring lesson was personal: a mountain can teach what lectures cannot—through preparation, perseverance, respect for nature and the shared experience of taking each step together.
Business
FLIR, Marlbo promote smarter industrial maintenance
Sri Lankan industries are being encouraged to adopt advanced condition monitoring technologies to detect equipment problems before they develop into costly failures, as global technology company FLIR and its local partner Marlbo Trading Company strengthen their collaboration.
The companies brought together industry professionals at a technical seminar held on August 20 at Taj Samudra, Colombo, focusing on the use of thermography and acoustic imaging to reduce unplanned downtime, improve energy efficiency and lower maintenance costs.
Organised by Marlbo under the theme “Condition Monitoring Using Thermography and Acoustic Imaging for Measurable ROI,” the seminar highlighted the growing importance of proactive and predictive maintenance in improving equipment reliability and operational efficiency.
FLIR Sales Director – Instrumentation, India, Bhaskar Lala, and APAC Condition Monitoring Specialist David Gambarte shared their expertise on the latest diagnostic technologies and their practical industrial applications.
Thermal imaging can identify abnormal heat patterns linked to electrical and mechanical faults, while acoustic imaging can detect problems that may go unnoticed during routine inspections.
The technology is particularly useful in identifying compressed-air leaks, which can cause significant energy losses and increase operating costs.
Shevon Liyanage, Engineer – Measuring Instruments at Marlbo, also shared insights into applying condition monitoring technologies in the Sri Lankan industrial environment.
Business
Lumbini Tea Valley wins intl award for Singharaja Wirytips
Lumbini Tea Valley Ceylon won an award for its Singharaja Wirytips at The Leafies: International Tea Awards held in London in 2024, marking another international recognition for the Sri Lankan tea producer.
The award comes as the company marks two decades of direct exports, with its premium and organic Ceylon teas now reaching 35 countries across six continents.
Established in 1984, Lumbini Tea Valley began its direct export drive after Chaminda Jayawardana joined the family business in 2000 alongside his father, Dayapala Jayawardana. The initiative materialised in 2006 with the company’s first direct shipment—a 15-kilogram consignment of Flowery Broken Orange Pekoe (FBOP) tea to the United States.
Since then, the company has expanded its direct-export operations, which now account for around 20% of its total manufacturing output. Following its transition to organic production, approximately half of its organic tea output is exported directly by the company.
Its key export markets include Japan, the United States, France, the Netherlands, Switzerland and Australia, with direct shipments now reaching 35 countries.
The company said its direct-export model would continue to expand amid growing international demand for traceable, single-origin Ceylon tea, with premium and organic grades at the centre of its export strategy.
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