Business Advisory Articles Archives

How to Register Your Trade Name under the Intellectual Property Act, No. 36 of 2003

Protecting your brand name is essential for any business. In Sri Lanka, trade names and trademarks are governed by the Intellectual Property Act No. 36 of 2003, administered by the National Intellectual Property Office of Sri Lanka. Registering a trade name provides the owner with exclusive legal rights to use the mark in connection with

Understanding the Lease Act, No. 1 of 2023 and the Protection of Occupants Bill

Property leasing is a common business and residential arrangement in Sri Lanka. The Recovery of Possession of Premises Given on Lease Act No. 1 of 2023 introduced a modern legal framework for resolving disputes between landlords and tenants. This Act allows landlords to initiate legal action to recover possession of leased premises when tenants fail

Beneficial Ownership Disclosure under the Companies (Amendment) Act, No. 12 of 2025

Corporate transparency has become a key requirement in modern business regulation. With the introduction of the Companies (Amendment) Act No. 12 of 2025, Sri Lanka has strengthened its regulatory framework by introducing mandatory disclosure of Beneficial Ownership information. A beneficial owner refers to the natural person who ultimately owns or controls a company, even if