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Sri Lanka Equity Forum » Stock Market & Forum Help » Start a business

Start a business

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1 Start a business on Mon Jan 02, 2012 7:04 pm

wsaman

avatar
Manager - Equity Analytics
Manager - Equity Analytics
Dear friends,

In the new year i am looking foward to start a business such as import some items from overseas. Eg- Import electronics from China or thailand.
But due to my unavailability in Sri Lanka currently, its bit difficult me to find the legal requirements.
If any one knows the legal requirements could you please make me aware about them considering followings.
1. Is it neccessary to register a company to implement my idea?
2. What are the current custom duty on electronics (Televisions)?

Please insert your idear as well about my openion.

Wish you all, Happy trading ahead.
(Sorry if this is irrelevent post to this forum. I just want your ideas and advices since many businessmens are here in our forum)

2 Re: Start a business on Mon Jan 02, 2012 7:53 pm

cseguide

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I appreciate your enthusiasm. but I don,t have experience in that fied to answer your question. Experts please help him.

3 Re: Start a business on Mon Jan 02, 2012 7:59 pm

bakapandithaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
There r lot of eperts in law, they wil help u definetly

4 Re: Start a business on Mon Jan 02, 2012 8:12 pm

rijayasooriya

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@wsaman wrote:Dear friends,

In the new year i am looking foward to start a business such as import some items from overseas. Eg- Import electronics from China or thailand.
But due to my unavailability in Sri Lanka currently, its bit difficult me to find the legal requirements.
If any one knows the legal requirements could you please make me aware about them considering followings.
1. Is it neccessary to register a company to implement my idea?
2. What are the current custom duty on electronics (Televisions)?

Please insert your idear as well about my openion.

Wish you all, Happy trading ahead.
(Sorry if this is irrelevent post to this forum. I just want your ideas and advices since many businessmens are here in our forum)

Better to post this type of posts in help section.I moved this topic to help section.

5 Re: Start a business on Mon Jan 02, 2012 8:22 pm

Kumar

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Good move Rijay.
Happy new year wishes.
There are some more news items posted in the talk section.
According to QB only moderators can put vital news in the talk section.
I do not know what to say?

@wsaman

I thing some law firm are doing all the necessary ground work to register the company.

6 Re: Start a business on Tue Jan 03, 2012 10:51 am

manula


Vice President - Equity Analytics
Vice President - Equity Analytics
@wasman, All the best wishes for you also I am also thinking about some thing in Plantation side but working overses will make it diffcult

7 Re: Start a business on Tue Jan 03, 2012 9:29 pm

wsaman

avatar
Manager - Equity Analytics
Manager - Equity Analytics
Thanks for your comments bro....
ill search more about this matter..

8 Re: Start a business on Tue Jan 03, 2012 10:09 pm

cseguide

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
very important question raised. unfortunately very few fed backs.

9 Re: Start a business on Tue Jan 03, 2012 11:40 pm

dindon1

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
short answer to the question is .,yes you have to register a business.,
it will cost you 1000 rs for same day registration and otherwise it takes fw weeks for 500 Wink

10 Re: Start a business on Wed Jan 04, 2012 1:14 am

Kumar

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@dindon1 wrote:short answer to the question is .,yes you have to register a business.,
it will cost you 1000 rs for same day registration and otherwise it takes fw weeks for 500 Wink

Please read this link to get more idea.
http://www.drc.gov.lk/App/ComReg.nsf?Open

11 Re: Start a business on Wed Jan 04, 2012 1:17 am

Kumar

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@wsaman wrote:Dear friends,

In the new year i am looking foward to start a business such as import some items from overseas. Eg- Import electronics from China or thailand.
But due to my unavailability in Sri Lanka currently, its bit difficult me to find the legal requirements.
If any one knows the legal requirements could you please make me aware about them considering followings.
1. Is it neccessary to register a company to implement my idea?
2. What are the current custom duty on electronics (Televisions)?

Please insert your idear as well about my openion.

Wish you all, Happy trading ahead.
(Sorry if this is irrelevent post to this forum. I just want your ideas and advices since many businessmens are here in our forum)

Please find your needs from this link.
http://www.customs.gov.lk/tariff.htm

12 Re: Start a business on Wed Jan 04, 2012 2:04 am

chamith

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@wsaman wrote:Dear friends,

In the new year i am looking foward to start a business such as import some items from overseas. Eg- Import electronics from China or thailand.
But due to my unavailability in Sri Lanka currently, its bit difficult me to find the legal requirements.
If any one knows the legal requirements could you please make me aware about them considering followings.
1. Is it neccessary to register a company to implement my idea?
2. What are the current custom duty on electronics (Televisions)?

Please insert your idear as well about my openion.

Wish you all, Happy trading ahead.
(Sorry if this is irrelevent post to this forum. I just want your ideas and advices since many businessmens are here in our forum)

Since you are interested in TVs, I think there is a small niche market for new LED 3D Tvs. When i checked online a samsung 40" 3D LED TV with a blue ray was costing around 600k LKR in Sri Lanka. But abroad you can buy that for about 140k LKR.

13 Re: Start a business on Wed Jan 04, 2012 11:40 am

yoyo

avatar
Manager - Equity Analytics
Manager - Equity Analytics
Wish you all the best. You can call customs information center for any information you need on this number. (0112342012)

14 Re: Start a business on Wed Jan 04, 2012 12:32 pm

wsaman

avatar
Manager - Equity Analytics
Manager - Equity Analytics
Thank you very much for all of you.
Really appriciate your each comment.
Thanks a lot.

15 Re: Start a business on Thu Jan 05, 2012 2:27 pm

cseguide

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
very important points for a new entrepreneur

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