Country overview
Sri Lanka
English-speaking finance, accounting and IT talent concentrated in Colombo. National minimum wage set by statute.
South Asia
How minimum wage works here
National monthly (Rs 30,000) and daily (Rs 1,200) minimum wage from 1 Jan 2026 under the National Minimum Wage of Workers (Amendment) Act No. 11 of 2025. Wages boards may set higher sector rates.
Cities
Employer contributions
EPF (Employees' Provident Fund)
Employer 12% / employee 8% of total earnings
Source: Central Bank of Sri Lanka – Employees' Provident FundLast checked Oct 2026ETF (Employees' Trust Fund)
Employer 3% of total earnings (no employee contribution)
Source: Employees' Trust Fund Board – Employers' FAQLast checked Oct 2026
Labour-law notes
Budgetary relief allowance and national minimum wage amendments (2025)
Source: Ministry of Labour – Budgetary Relief Allowance of Workers (Amendment)Last checked Oct 2026
13th-month pay
No statutory 13th-month requirement identified; pending confirmation.
Internet
Ookla Speedtest Global Index
Country median (Aug 2026): fixed 36.88 Mbps down / 21.60 up; mobile 59.24 Mbps down / 10.85 up
Country-level median, not city-specific.
Public holidays 2026
26 public and bank holidays in 2026, including every full-moon Poya day; some days are also mercantile (private-sector) holidays
The gazette marks which days are mercantile holidays. Private-sector entitlements follow the Shop & Office Employees Act and employment contracts.
Power
Awaiting firsthand field notes and an official grid-reliability source.
Entity setup basics
Register a private limited company online through the Registrar of Companies (eROC). Most sectors allow 100% foreign ownership, but some are restricted (e.g. retail under US$5m). Projects seeking incentives can apply to the Board of Investment.
Typical steps
- Name approval and incorporation via eROC (Forms 1, 18, 19)
- Inward Investment Account for foreign capital
- Inland Revenue tax registration
- EPF and ETF employer registration
- Visas for foreign staff
Timeline and cost
Realistic timeline and cost to come from field notes.
EOR / payroll coverage
| Provider | EOR status | Link |
|---|---|---|
| Deel | Listed | Provider page |
| Remote | Listed | Provider page |
| Multiplier | Not confirmed | Provider page |
Based on each provider's public country page. Confirm coverage, pricing and entity model directly before signing. No affiliate links.
Last checked Oct 2026