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Annual Budget for the 2015 was announced at Parliment by Excellency President Mahinda Rajapakshake. Find more detail

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Thank you so much for you insightful answers, they are invaluable for our assessment of Sri Lanka tax reforms. Your tax expertise is an invaluable to us in understanding tax regulations in Sri Lanka. Roman Kononenko, Consultant, Doing Business Unit, Paying Taxes Indicator, The World Bank / IFC,Washington, D.C. 20433. D P R very cooperative and helpful in the whole matter of Company Incorporation in Sri Lanka and Lease of land to construct a hotel in Sri Lanka. I am very grateful for your help in that matter. Janine from Germany - Samsara (Pvt) Ltd I humbly appreciate your effort in resolving the VAT matter with IRD and believe that it couldn’t have happened if it is not for you. Please accept my sincere gratitude. Chairman - Castle Builders (Pvt) Ltd

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Welcome to D P R Consultants
We helping make companies more easy

D. P. R. Consultants is a Professional Services Providing Company in Sri Lanka since 1998 and Our Key objective is to provide services relating to any business organization in Sri Lanka or elsewhere from the incorporation of any company or organization until cease of business operations or liquidation of the company in Sri Lanka.

Our Services in Sri Lanka includes incorporation of Companies & Secretarial assignments, Preparation of Financial Statements or Outsourcing of Accounting function, Registrations with Department of Inland Revenue and Tax Consultancy Services in Sri Lanka, Auditing, Study of Accounting & operation systems, Registrations with Labour Departments & Consultations on Labour law in Sri Lanka and Corporate Training Programs Read More »

 

Our Services
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Latest News

 


Sri Lanka Annual Budget 2015
President Mahinda Rajapaksa in his capacity as the Minister of Finance and Planning presented the 2015 budget to parliament on 24th October 2014. The 2015 budget proposals have been formulated targeting the next five-year period. According to the government, next year budget, which is focused on accelerating the development, will provide a wide array of concessions including reduction of fuel and gas prices and electricity tariff. The government has estimated Rs. 1.812 trillion as expenditure for the financial year of 2015. budget deficit will be 4.4 percent of gross domestic product while expecting a growth rate of 8.2 percent.


Appeal Court Rules valuation process adopted by Customs is outlawed
In a landmark judgment [CA (Writs) 392/2012] given last week, in which a business establishment had challenged the Customs valuation procedure, the Court of Appeal held that the valuation procedure adopted for customs purposes for the determination of value for imported goods is outlawed, arbitrary and violating the law governing the valuation of goods for Customs purposes. The Court issued a Writ of Mandamus on the Director General of Customs to accept the Transaction Value declared by the impo


Restrictions on Transfer, Lease or Mortgage of Lands in Sri Lanka to Foreigners
Land (Restrictions on Alienation) A Bill pass by the Parliament to make provisions to stipulate Restrictions on the Alienation of Lands in Sri Lanka to foreigners, foreign companies and certain institutions with foreign shareholding; to specify the circumstances where the exemptions are granted; to impose a Land Lease Tax for leasing of lands to foreigners,foreign companies and certain institutions with foreign shareholding;for the granting of concessions to certain development projects.