Navigating the complexities of global jurisprudence.

Lex Mundi’s Board of Directors voted unanimously to admit D. L. & F. De Saram as its exclusive member firm for Sri Lanka. Founded in 1898, D. L. & F. De Saram is one of the oldest and largest full-service law firms in Sri Lanka. Its team of 40 Sri Lankan lawyers specializes in infrastructure project development (including ports, power and energy, and highways) with special emphasis on PPPs. The firm also has considerable experience advising multinational and domestic clients on M&A deals, cross

The long overdue Apartment Ownership [Special Provisions] Bill was presented to Parliament on the 20th of June 2018 to facilitate the required registration with the relevant authorities of the Condominium Plan and Declaration of Condominium properties owned and developed by the State of State Authorities prior to 31st December 2009, notwithstanding any deficiency in documentation. The registration would thus, then enable such Authorities to transfer legal title to the purchasers/grantees of such

* * இலங்கையில் தொழிற்கள் பலவித சட்டங்கள் மற்றும் பிரமாணக் குறிப்புகள் மூலம் நிருவகிக்கப்படுகின்றன. 1954 ஆம் ஆண்டு 19ஆம் இலக்க கடை மற்றும் அலுவலக ஊழியா; (தொழில் மற்றும் ஊதியம் பற்றிய ஒழுங்குவிதிமுறை) சட்டம் ஏதேனும் கடை வீதியில் அல்லது ஒரு மாதத்திற்கு அல்லது அதற்கு குறைவான காலத்திற்கு புண்ணிய விடயம் ஒன்றுக்காக அல்லது வேறு விடயம் ஒன்றுக்காக அல்லது தொழில் அமைச்சரின் அங்கீகாரத்துடன் அதைவிட கூடுதலான காலத்திற்கான மரணக் கிரிகை விடயங்கள்இ பாடசாலைகளில் ஆசிரியா; ஆளணி அல்லது காவலா

Payments which are subject to withholding tax * * Dividend, interest, discount, charge, natural resource payments, rent, royalty, premium or retirement payments * * Amounts received as winnings from lottery, reward, betting or gambling * * Share of profit from partnership income * * Income received from Gem auctions Exemptions * * Payments subject to PAYE; * * Payments made by individuals unless made in conducting

* Savantha De Saram appointed Senior Partner of D.L. & F. De Saram with effect from 2nd April 2018. Savantha was called to the Bar in 1999. His areas of expertise include Corporate and Commercial, Project Finance, Infrastructure Projects, Securitization, Information Technology, Admiralty, Shipping and International Trade. * Aruni Marcelline appointed Partner – Head of Conveyancing with effect from 31st of January 2018. She was called to the Bar in the year 1998 and has an extensive wor

* * Savantha De Saram appointed Senior Partner of D.L.& F. De Saram with effect from the 2nd of April 2018. Called to the bar in the year 1999, Savantha has an extensive experience of 18 years with the firm and holds several professional qualifications too. This includes LLB (Hons), Holborn Law College London, Attorney-at- Law, Supreme Court of the Democratic Socialist Republic of Sri Lanka, and Barrister-at- Law (England and Wales-1998), Lincoln’s Inn. His areas of practice include Cor

* * With effect from 1st April 2018, the PAYE rates applicable for employees (including non-citizen employees) will be changed as follows. Previous rates Income (Rs.) per monthRate0 – 62,500-62,501 – 104,1674%104,168 – 145,8338%145,834 – 187,50012%Exceeding 187,50116% New rates Income (Rs.) per monthRate0 – 100,000-100,001 – 150,0004%150,001 – 200,0008%200,001 – 250,00012%250,001 – 300,00016%300,001 – 350,00020%Exceeding 350,00124%

Broadly, foreigners are permitted to engage in the following capital transactions (Prescribed Investments) in Sri Lanka without having to obtain approval under exchange control laws: 1. * Invest, acquire or hold all classes of shares or an entitlement to shares in any Sri Lankan company incorporated in Sri Lanka and in any company not incorporated in Sri Lanka and listed on the Colombo Stock Exchange 1. * Invest in debt securities of Sri Lankan companies 1. * Granting loans with a tenure o