In simplest terms, a shell corporation is a legal entity which exists only on paper without a physical officer or employees. They have financial assets, however they do not create products, recruit employees or generate revenue in any manner. What is a shell corporation? A shell corporation has no significant business activity, they do have […]
Monthly Archives: June 2021
8 Categories of Residence Visa in Sri Lanka
A residence visa is given for non Sri Lankans to get residence facilities under special circumstances. To obtain a residence visa, you need to enter Sri Lanka on an entry visa issued by a Sri Lanka diplomatic mission abroad. Entry visa will be issued by the Embassy only upon approval by the Controller General of […]