Business ideas in Sri Lanka and business plan in Sri Lanka

Business ideas in Sri Lanka and business plan in Sri Lanka | S & F CONSULTING FIRM LIMITED

Business ideas and business plan in Sri Lanka as foreign investors. Private limited company or project setup in Sri Lanka.

Business ideas and business plan in Sri Lanka

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Business ideas and business plan in Pakistan

Business ideas and business plan in Pakistan | S & F CONSULTING FIRM LIMITED

How to start a business in Pakistan

Start new business in Pakistan in any province.

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How to start a new business I Business Ideas and business plan

How to start a new business I Business Ideas and business plan

Read to know how to start a business as investors or entrepreneurs.

• Capital
• Knowledge
• Competitors
• Market analysis
• Materials availability
• Buyer and seller
• Legal matter

How to start a new business I Business Ideas and business plan

Business ideas-Capital

Without capital, any amount, to start a new business is not possible. Figure of capital depend on type of business. As real view, we find small investment and good returns and big investment but loss as return. Why it happens indeed? Contact for company registration services in your desired country.

Business Plan-Knowledge

Do you have ideas of business what are you going to startup? If no, you are suggested to gather knowledge as maximum as possible from different corners. Maximum knowledge make the business runs easier.

Business Ideas-Competitors

Know your competitors as market segment and forecast for the next future of business goal.

Business plan-Market analysis

Know your market before start a business. Knowing which market suitable for you is better. SWOT analysis can help you. Strength, Weakness, Opportunity and Thread of the business to aware yourself.

Business ideas-Materials availability

Start business in such areas where raw materials and other substances are available for business.

Business plan-Know customers

Finding the needs of customers and meet up them is the most important for successful the business.

Business Ideas and plan-Legal matter

How to start a business? Is it private limited company, Joint venture, branch office of parent company or project base? Know the legal form as state policy of the respective countries.

Legal matters are discussed, visit: S & F CONSULTING FIRM LIMITED

Pakistan, Malaysia, India, Maldives, Sri Lanka, Thailand, Indonesia, Japan, China, Hong Kong, Dubai, Saudi Arabia, Qatar, Oman, Bahrain, Denmark, France, Germany, U.K., U.S.A., Canada, Australia, Argentina, Brazil, South Africa, Morocco, Kenya, Ghana and more…

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How to start a business in Malaysia

How to start a business in Malaysia

We shall guide you how to start a business in Malaysia as foreign investor. To start business in Malaysia  it's need to decide which business is it to be registered ? There are some key notes should keep in mind as legal process, market area, competition, expected return time etc. Legal process includes business registration such as obtaining incorporation, trade permission, income tax verification, office agreement copy (virtual office some time), industry area, lease of lands or spaces etc.

Market analysis can be dome through online and physical contact with market analytical company in Malaysia. Product competition is part of market analysis. Area of market can be select as assumption on business ideas.

How much initial deposit is required and how much are going to deposit first year ? How much at second year and third year ? Now it's need to calculate when can be started return from business. 

You may ask for how to start a business in Malaysia as foreigner? 

1. Hire the right consultant
2. Rent an office
3. Hire Company Secretary
4. Name approval
5. Paid up capital
6. Company Registartion
7. Bank account
8. Income Tax certificate
9. WRT License
10. Halal License

Hire the right consultant (we guide the foreign investors how to start a business in Malaysia)	First and the most important job as foreign investor are hiring a right consultant who may guide to invest in Malaysia. You may search in Google to find the consultant who serve company registration in Malaysia for foreigner/ business setup job in Malaysia. Its need proper guide line from the beginning to end of formalities starting a business in Malaysia. You may do the following to find the right consultant:- Email the consultant and ask to guide you setting up a company in Malaysia, talk to them over phone, visit their office in Malaysia, know their experience on this field.
Rent an office (we guide the foreign investors how to start a business in Malaysia)	You need an address to register a new company in Malaysia. As foreigner you may use office address of the consultant who is assigned to co-operate you. Once company registration formalities are done may rent your own office. In that case you may rent virtual office at low budget. No service is free there so, talk to the consultant to show your total cost of starting a business in Malaysia.
Hire Company Secretary	As law of Malaysia, each company shall appoint Company Secretary who will work as safe guard of your company. Company Secretary is a qualified member of Chartered Secretary, Malaysia and he/ she is legally authorized to forward your papers to SSM for registration of company.
Name approval (we guide the foreign investors how to start a business in Malaysia)	Company is identified as name and so, you have to choice multiple names and one name will be approved from proposed name. They use word SDN. BHD. Instead of private limited. So, your company name will look XYZ SDB. BHD. Company name is active for 90 days only. You have to pay fees to apply of company name.
Paid up capital (we guide the foreign investors how to start a business in Malaysia)	We suggest fixing paid up capital of RM 500,000 and above to start a new business in Malaysia. Unless you maintain said amount will face lots of problem doing business. But, you may open a company maintaining paid up capital at any amount.
Company Registration	It will take 3-5 days maximum to register a new company from SSM. You have to sign on particular forms 24, 48 A, 49, 44 and MoA, AoA as directors of the company. All required papers will be prepared by consultant or company secretary. You may check government fees on authorized capital.
Bank account (we guide the foreign investors how to start a business in Malaysia)	Once company is registered talk to bank to open business account. If the directors hold social pass is makes problem to open bank account. We shall guide to open business account in Malaysia at foreign or local bank.
Income Tax certificate	You may order your consultant or company secretary to get income tax certificate from Inland Revenue Board, Malaysia. You may charged an amount of cost to have tax certificate.
WRT License	Wholesale and retail trade license is required to start a business in Malaysia. Talk to the consultant to arrange the license for your business.
Halal License	If your business is related of restaurant, frozen, chips, homemade food, grains and others are applicable to have Halal license.

Starting a business in Malaysia

Manpower cost and offices expenses shall be included of investment cost. Do you need investor visa and work permit ? If so, another issue of capital RM 100,000 , other than US$ 2000 to US$ 5000 is enough to complete whole legal process to be started the business. 

Do you know how many days are required to starting a new business in Malaysia? As my view, it may take 30 to 45 days if the consultant is supported by the investors financially and documentary. 

Business ideas of Malaysia

Getting business ideas of Malaysia the investors are requested to contact the experts of SFM CONSULTING FIRM SDN. BHD. for company registration in Malaysia

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How to start a business in Sri Lanka

How to start a business in Sri Lanka

How to start a business in Sri Lanka as foreign investors and business ideas of Sri Lanka are discussed. Starting a business in Sri Lanka should consider many issues of business environment.

How to start a business in Sri Lanka

Starting a business in Sri Lanka as foreign investors

Foreign entrepreneurs can register a business as law of state depositing amount of US$ ten million. Government encourages foreign businessmen to invest and start business. Starting a business in Sri Lanka as overseas entrepreneurs may contact the lawyer, consulting firm to guide in proper way.

Branch Office

Branch office of foreign companies can be registered and purchase property too as local investors if require shake of business.

Liaison /Representative Office

· Monitor business activities & research 

· Finance ministry of state is authority to approve representative office

Subsidiary business setup in Sri Lanka

Subsidiary or share holding business entity can be incorporated where a business entity shall be holding part of shares of new company or can be registered a full hundred % ownership.

Business can be permitted for industrial or general as ideas of foreign businessmen.

Tax incentives facilities of Sri Lanka

Income tax incentive opportunity is available for the foreign businessmen on certain goods of manufacturing, industry and others as law and policy of government. Nonresident shall pay the tax to government after calculation of expenses and income of business. Royalty can be received as 

Bilateral agreement countries can start business between themselves grabbing opportunity of taxation or low paid taxation as terms of agreement. Moreover treaty countries can have opportunity to starting business gaining revenue more than general investment countries.

Procedure of starting a business in Sri Lanka

· Unmatched business name confirmation

· C. Secretary and board of directors consent letter

· Register business from registrar of state

· A notice shown as public announcement 

· Tax confirmation from revenue office of government

· Value Added Tax (VAT) collection

· Government fees of stump and other fees confirmation

· Share issuance clearance 

· Apply for clearance of labor department

As BOI instruction foreign businessmen can start a business as hundred %.

Starting a business in Sri Lanka

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Bangladesh investment

Bangladesh investment

Bangladesh Investment

3rd Bangladesh investment summit, Asia arrange summit each year where many local companies and foreign investors attend and share environment of FDI. Government of Bangladesh welcome foreign investors to invest different sectors, IT, power, garments, technology, software and many more.

Barrier of investment in Bangladesh

Each government shows cordial coordination but in practical there are barrier in government offices, banks & lack of proper knowledge of consultants to guide in right way as FDI policy. Most of banks are not aware of foreign investment policy and can not guide foreign investors what are requirement to open bank account as foreigners, whether private investor visa is required or do NOT, can a foreign investor start business without investor visa (PI) or does NOT, why need permission from BOI (Board of Investment) and should take permission etc.

For example: To obtain membership from Chamber of Commerce , export and import license are required papers and to obtain export and import license membership from Chamber of Commerce is required. Which comes first is unknown!! This is one example such many problems are alive obtaining permission to start business as foreign investors in Bangladesh.

To expatriate profit of business in parent country is another major problem. Its a complex situation, Bangladesh bank is authority to permit transfer through bank after deduction of taxes (37.5% +10%). Its easier to remit in Bangladesh but difficult to transfer money from Bangladesh in legal way.

Why still foreign investors are coming in Bangladesh

Between many barriers foreign investors are coming in Bangladesh to invest different sectors. Why ? Generate revenue is main goal of business which attract investors. Example, fixed cost, mean manpower cost is lower, raw materials are available, lands are available to set up factory.

100% foreign equity is allowed in Bangladesh

Yes. Foreign entrepreneurs can hold 100% share. Local investors are NOT required to start business as FDI policy. 

Miscellaneous 

New company registration in Bangladesh according to law and policy is main concern of foreign investors. If foundation is NOT done in right way have cause of sufferer for long time. 
How to obtain investors visa and work permit in Bangladesh 

Major investment countries in Bangladesh are India, Japan, Korea, China, Germany, US, Denmark

Contact us how to open temporary bank account before start investment in Bangladesh?

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Agreement between two parties

(Sample copy of Agreement between parties)

Agreement BETWEEN 

…………………. Limited 

AND

……………………… LIMITED

This Agreement is made and entered into at (place) on this the (date) day of January Two Fifteen, Christian era.

BETWEEN

……. LIMITED(represented by its Managing Director), a Limited company incorporated in ………………….of the FIRST PART.

 AND

………. Limited (represented by its Managing Director), a limited liability company incorporated in …………of the SECOND PART.

………..Limited and ……….Limited being called in this Agreement individually as Party and collectively as Parties.

WHEREAS ………….Limited is …………………,

WHEREAS ………………………..

WHEREAS the Parties agreed to enter into an Agreement (hereinafter referred to as “The Agreement”) to work together for execution of ……………………..

Now, therefore, in consideration of covenants contained herein, the Parties hereby mutually agree to enter into this Agreement on the day, month and year, as mentioned above:

• INTERPRETATIONS 
• PROVISION & OBJECTIVE OF THE AGREEMENT/ CONTRACTS
• QUALITY OF SERVICE 
• PAYMENT & BILL SETTLEMENT
• Revenue Sharing 
• COMPENSATION FOR DELAY IN PAYMENT
• Interruption of Interconnection
• FORCE MAJEURE
• NOTICES
• Contact Persons
• CONFIDENTIALITY
• ASSIGNMENT
• GOVERNING LAW
• FINANCIAL INFORMATION
• VALIDITY
• TERMINATION
• AmendmenT
• Dispute Resolution
• SPECIAL PROVISION
• Language
• INTELLECTUAL PROPERTY RIGHTS

In Witness whereof, THE PARTIES hereto set their respective hands and sEals on this day of the month and the year written above

Witnesses:                                                                                            Witnesses:

--------------------------------------                                     --------------------------------------

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Authorization of Signatory of bank account

10 January, 20…

Ref: ………….

General Manager

………….. Limited

Address……….Malaysia.

Subject: Authorization of Signatory of  account……………..

Dear Sir,

Please locate together with this the attached Board consent for changing of signatory of the subject mentioned account with your bank.

So, you are earnestly requested to modify the party and honor all documents including L/C, drafts, orders issued by the Company as per attached resolution.

Your positive action shall be highly appreciated

Faithfully yours,

For ABC..LLC

………………….

Managing Director

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POWER OF ATTORNEY

Sample of Power of Attorney

The Board of Directors of S & F CONSULTING FIRM LIMITED having its principle address at …………………………… (Herein after referred to as ...........) has decided to establish branch office of the company in (Country) according to law of …………... The Board of Directors of ……………... Has given the authority to Mr. Md. Forhad Hossain; Passport no …………………… with the address of ……………………… from the resolution dated 18^th March ……… to establish the branch office of the company and relating thereto in ………………….  Mr. Md. Forhad Hossain (Managing Director) of S & F Consulting Firm Limited, (herein after referred to as “Attorney”) as our authorized representative and true and lawful Attorney whose specimen signature is appended at the end of this document, with the power to proceed the following proposes:

• To do all required work for registrationof branch office & formation of company in Pakistan…………. according to company law of …………………..
• To submit an application to the Government and Non-government offices for the registration of foreign company   in ……………………..;
•  The deal with Central Government and Non-government authority relating to open the said branch , Customer Service Center and/or company other offices;
• Business establishment in......

All the lawful acts done by him or any person authorized by him if necessary in respect of opening branch office of ………………… and relating thereto and management of branch office shall be deemed to have been done by ………………... This power of Attorney will remain valid till completion of ……….or for 2 months.

In WITNESS WHEREOF, we have caused this power of attorney to be signed on this 26^th March ………...

1. ................... Executive Director ...........................

 

                                               

………………………………………………………                                                         

....................                

Managing Director

S & F CONSULTING FIRM LIMITED

Witness;

1…………………………………2......................

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business, entity, set up, establishment

business, entity, set up, establishment

• How to set up business 
• How to register a overseas entity as law of the country 
• Trade environment 
• Garments, Textile, Clothing, Buying house commerce inside 
• Income Tax , Custom, Goods export and import, raw materials 
• Business and/ or investors visa 
• Employment cost, rent office
• Area office open

Malaysia Company Registration, Incorporation: Entity set up, merger, foreign investment

India Company Registration, Incorporation: Entity incorporation, investor visa

Hong Kong Company Registration, Incorporation: Overseas business set up, merger entity

China Company Registration, Incorporation: Entity incorporation, open, establishment

Maldives Company Registration , Incorporation : Overseas trade opportunity, incorporate, acquisition

Myanmar Company Registration, Incorporation: Income Tax, entity establishment

Pakistan Company Registration, Incorporation : Business merger, acquisition, commerce, overseas investment

Sri Lanka Company Registration, Incorporation : Commerce, business establishment 

Singapore Company Registration, Incorporation : Trade and overseas investment opportunity

www.sfconsultingbd.com

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Important tips for the company secretary

Tips for the company Secretary, Corporate Secretary, Secretarial Manager

Read

Read: memorandum & Article of Association of the company

Read: Trade license

Read: Permission letter of business

Read: Share holding position & number of market share

Read: Share certificate issued properly or issue if not been distributed

Read: Others all required docs

Read: Company Law and share market regulatory frequent notifications

Submit

Submission: Submit annual income return to Regulatory authorities

Submission: Audit report to Income Tax regulatory authority and other concern dept

Submission: Declare profit amount share holders

Submission: All required docs before expiry and preventive from penalty

Maintain

Maintain: Directors’ share holding book and certificates

Maintain: Director’s meeting attendance book

Maintain: Meeting book with all concern bodies

Maintain: Meeting Minutes Book

Note: Never put sign on behalf of company or director’s to sell share of the company without permission of director’s.

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Singapore-Company Formation, Registration, Incorporation

Singapore-Company Formation, Registration, Incorporation

All foreign investors need to know the law and process of investment in another countries including income Tax , Initial investment, Paid up, Authorized capital, minimum investment amount in terms of branch office, representative office

-set up 100% overseas asset,

-joint business enterprise,

-Virtual / area office / cooperation organization),

-Open / set up branch office

 Let’s see how they are doing commerce in Singapore and generate returns.

There is many opportunity of investing in different sectors. All government gives priority to overseas deal to begin trade in Singapore.

Singapore-Company Formation, Registration, Incorporation

How to register/ creation/ merger business, company in Singapore 

FDI in Singapore, 

Doing trade in Singapore,

How to set up industry in Singapore

S & F Consulting Firm Limited, 

Email: contact@sfconsultingbd.com, 

Skype: forhadhossain79

Subsidiary Company registration in Singapore

A subsidiary company is a locally incorporated private limited company whose majority shareholder is another local or foreign company. Singapore allows 100% foreign ownership in companies. Therefore a foreign company may incorporate a local limited liability company in Singapore (ie subsidiary company) and own 100% of the shareholding. 

How to get business visa ? What is the law of foreign investors ? 

Two easiest way business can be set up :

• Without investor's visa
• With investor's visa

An amount , approx US$ 90000 is need to deposit to get business visa , to set up business without investor/ business visa is possible by amounting a small number.

Singapore-Company Formation, Registration, Incorporation

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