Registering a company in Sri Lanka is governed by the Companies Act No. 7 of 2007, which allows both local and foreign investors to establish businesses with ease. The process involves name approval, incorporation, appointment of directors and a secretary, share allocation, and registration with the Registrar of Companies. At Kasun Karunanayake Associates, we provide complete guidance and documentation support for private and public limited company formations, ensuring full compliance with legal and regulatory requirements from start to finish.

In Sri Lanka, prescription refers to acquiring ownership of land through long and uninterrupted possession. Under the Prescription Ordinance, a person who has been in continuous, adverse, and exclusive possession of immovable property for over 10 years (against the true owner’s rights) may obtain ownership by prescription. However, such possession must be open, peaceful, and without permission of the lawful owner. At Kasun Karunanayake Associates, we advise and represent clients in land prescription disputes, title investigations, and related property matters to protect their legal rights and interests.