Last updated: 30 Mar 2012

Doing business

Current business situation

The Department of Foreign Affairs and Trade (DFAT) provides advice for business travellers and tourists going to Sri Lanka. This is regularly updated, and should be checked before planning travel.

Business culture

Business tips

Business cards are exchanged at both business meetings and social occasions.

Sri Lankans are courteous and hospitable and guests are frequently invited to the homes of business acquaintances – even after the first meeting. Though appointments and meetings may have been confirmed in advance, punctuality is not strictly observed.

Although office attire is formal in Sri Lanka, jackets may not be required for business meetings unless the meeting is with a government minister or the chairman of a state institution or private sector company. Dress for most social occasions is casual unless formal attire has been specified.

Links and resources

Government, business and trade

The National Chamber of Commerce of Sri Lanka – www.nccsl.lk
Sri Lankan Ministry of Foreign Affairs – www.mea.gov.lk

News and media

Daily Mirror – www.dailymirror.lk
Times Online – www.sundaytimes.lk
Daily News – www.dailynews.lk

Please note: this list of websites and resources is not definitive. Inclusion in this list does not imply endorsement by Austrade. The information provided is a guide only.

Top Business Risks

• Bribery of Foreign Officials
• Tariffs and regulations
• Doing business in Sri Lanka

OECD Guidelines for Multinational Enterprises

Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the AusNCP website.