Tax Consultancy

DPR specializes in offering expert tax opinions in Sri Lanka, focusing on complex tax matters for individuals, companies, charitable institutions, non-governmental organizations, and others. Our services cover a wide range of taxes, including income tax, withholding tax, advance personnel income tax, Value Added Tax (VAT), Social Security contribution levy, and international taxation applicable to business transactions within Sri Lanka's jurisdiction and with Sri Lanka. Trust DPR for insightful tax guidance tailored to your specific needs.

Gain a comprehensive understanding of tax implications related to cross-border transactions in Sri Lanka with our expert guidance. We cover key areas such as import and export of goods and services, foreign direct investments (FDI), and cross-border mergers, acquisitions, and joint ventures.

Our services include navigating tax treaties between countries to provide relief from double taxation and outlining the criteria for availing treaty benefits. We also specialize in structuring cross-border transactions to legally minimize tax liabilities. This includes advising on choosing appropriate business entities and optimizing financing arrangements to ensure tax efficiency while complying with Sri Lanka's tax laws.

Trust us to help you make informed decisions and maximize benefits while staying compliant with tax regulations in cross-border business activities.

In accordance with income tax laws in Sri Lanka, every individual over eighteen years of age is mandated to have a tax identification number (TIN) or income tax registration if their income exceeds the tax-free allowance. Therefore, strategic planning for the overall tax liability of a family is essential in Sri Lanka.

Family Tax Planning (FTP) strategically manages a family's financial affairs to minimize tax liabilities legally. This involves utilizing various tax-saving strategies and optimizing financial decisions to reduce the overall tax burden on the family's income and assets.

DPR collaborates with tax professionals, financial advisors, and legal experts, leveraging a deep understanding of tax laws and financial instruments to consult and develop effective tax plans for the entire family, aiming to optimize tax outcomes under the umbrella of the novel concept of family tax planning.

Tax residency plays a pivotal role as it determines the jurisdiction empowered to levy taxes on an individual's global income or a company's worldwide earnings. This significance underscores its impact on tax obligations, entitlements, and advantages for individuals and businesses operating within a global framework. It greatly influences tax planning strategies, compliance mandates, and the effective management of international tax exposures.

DPR acts as your trusted tax representative in Sri Lanka, facilitating the acquisition of Tax Residency Certificates (TRCs) from the Department of Inland Revenue. Whether you're an individual or a company incorporated or registered in Sri Lanka, DPR streamlines the process to ensure compliance and maximize tax benefits.

DPR collaborates with tax professionals, financial advisors, and legal experts, leveraging a deep understanding of tax laws and financial instruments to consult and develop effective tax plans for the entire family, aiming to optimize tax outcomes under the umbrella of the novel concept of family tax planning.

Foreigners in Sri Lanka, whether investors, directors, employees, or spouses of residents, benefit from strategic tax planning. Understanding local tax regulations helps minimize liabilities and maximize benefits like exemptions and deductions. DPR provides comprehensive tax advice to ensure smooth operations and peace of mind, integrating tax planning with broader financial strategies for wealth management and retirement planning. Let us optimize your tax strategy in Sri Lanka for a seamless experience.