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Services · Business accounts

Business accounts: Sri Lanka

An honest assessment before work starts, the quote is fixed in writing.

We assess your chances against your profile, prepare the compliance file, help you present your source of funds properly and handle communication with the bank until it decides. The final decision always rests with the bank, so no one can guarantee an opening - careful preparation simply improves the odds.

We quote the exact cost for this country after a short consultation: it depends on the bank and your residency. The quote is fixed in writing before work starts.

Fees

ServicePrice
Corporate account - opening assistanceon request

Prices are indicative and cover our work on a typical case. We confirm the exact quote in writing after a short call - you know the final number before we start. Government fees and bank tariffs are billed separately unless explicitly included.

See also

Personal account · Investment property · Country taxes · All country programs

FAQ

Can a foreigner open a company bank account in Sri Lanka?
Yes, once the company is registered with the Registrar of Companies. Foreign capital comes in through a dedicated Inward Investment Account, and that account is what later allows you to repatriate capital and profits legally. Skip it and getting money back out becomes a real problem.
Do I need a local director or office in Sri Lanka?
You need a registered address in the country and a company secretary. Director residency is not always a formal requirement, but the bank expects at least one signatory to be physically reachable on the ground.
Are there currency controls in Sri Lanka?
Yes, and they tightened after the debt crisis. Conversion and outward transfers follow central bank rules and need supporting documents. Plan your cash flows in advance instead of discovering the rules at payment time.
Can I open a Sri Lankan business account remotely?
Realistically no. Banks expect a signatory in the branch and original documents, often legalised and translated. Remote work is limited to preparing the file and structuring the company.

Don’t want to figure this out alone?

We handle the whole process end to end: we assess your company's chances with specific banks, prepare the compliance file and give you honest timelines. Leave your details and a corporate banking expert will get back to you. The first consultation is free.

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