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Globalpedia

Expand your global workforce in LkSri Lanka

globalpedia-hero-srilanka-1.jpg

Population

22,181,000

Languages

1.

Sinhala

2.

Tamil

Country Capital

Sri Jayawardenepura Kotte

Currency

Sri Lankan rupee (Rs) (LKR)

EOR Default Thumbnail

Employer of Record in Sri Lanka.

G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in Sri Lanka. Your candidate is hired via G-P’s Sri Lanka EOR in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if they were your employee to fulfil your in-country requirements.

Holidays per year
Working hours per day or month
Payroll Default Thumbnail

Payroll in Sri Lanka.

Sri Lanka is a South Asian country with a large population of over 21 million. Since the country was once ruled by the Portuguese, Dutch, and British, people speak a variety of languages, but Sinhalese and Tamil are the two most common, with English as the link language. If you’re planning an expansion to Sri Lanka, you can benefit from an English-speaking population as well as a large pool of candidates to choose from.

Hiring in LkSri Lanka.

While there are many ways your business can succeed, one of the most important elements of success is your employees. You need to hire Sri Lanka employees who are talented, hardworking, and dedicated to your company. But how can you find those employees and hire them according to Sri Lanka’s employment compliance laws?

Compensation & Benefits in Sri Lanka.

No matter what country you’re in, you’ll find that employees care about compensation and benefits. If your company stands out from the crowd by providing the best compensation and benefits, you’re likely to attract the most talented employees in Sri Lanka. However, learning Sri Lanka’s compensation laws and putting together a benefits plan isn’t always easy, especially when you’re trying to run multiple different offices.

Minimum wage per month
Annual vacation leave (min)
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Sri Lanka Subsidiary.

When you first decide to expand to Sri Lanka, you’ll probably find yourself picturing all the benefits of a global expansion. However, those benefits can become overshadowed with doubts about the Sri Lanka subsidiary setup process and all the challenges ahead. Choosing Sri Lanka subsidiary outsourcing with G-P will help you focus on building your company abroad instead of worrying about compliance.

Work visas & permits in Sri LankaTypes of work visasRequirements to obtain a visaApplication processImportant considerations

Sri Lanka Visas & Permits.

With one of the fastest-growing economies in the world, Sri Lanka is a desirable location for companies looking for an opportunity to expand in the global marketplace. If your company is planning to expand or outsource operations to Sri Lanka, you might begin the expansion process by putting together a team of talented employees who are willing to relocate. If you do, you’ll need to make sure they have the appropriate visas and permits to live and work in Sri Lanka legally.

Disclaimer

THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.

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