How to File Annual Returns in Sri Lanka for a Private Limited Company – FORM 15

In Sri Lanka, all private limited companies are required to file annual returns with the Registrar of Companies (ROC). Annual returns are a summary of a company’s activities for the past year. When filling out Form 15, the Company has to give details of the Share Register, Records, Shares, Directors, Secretaries, Auditors, Last Annual Return, Existing Shareholders, and Annual General Meeting.

Why File Annual Returns?

Annual returns are important for several reasons. They help to ensure that the ROC has up-to-date information about your company. They also help to maintain transparency and accountability within your company.

How to File Annual Returns

The process of filing annual returns in Sri Lanka is relatively straightforward. Here are the steps involved:

1. Hold an Annual General Meeting (AGM): The first step is to hold an annual general meeting (AGM) of your shareholders. This meeting is an opportunity for shareholders to review the company’s annual report and accounts and to vote on any resolutions.
2. Complete Form 15: Once the AGM has been held, you will need to complete Form 15. This form can be downloaded from the website (https://www.drc.gov.lk/) of the ROC. The form includes information about your company’s directors and shareholders, its financial statements, and any changes that have been made to the company’s constitution.
3. Submit Form 15 to the ROC: Once you have completed Form 15, you will need to submit it to the ROC. The form can be submitted through eROC portal (https://eroc.drc.gov.lk/). There is a filing fee for submitting Form 15.

Important Points to Remember

• You must file your annual returns within 30 days of your AGM.
• There is a penalty for filing your annual returns late.
• You can find more information about filing annual returns on the website of the ROC (https://www.drc.gov.lk/).