A Comprehensive Guide to Export Procedures in Sri Lanka

A Comprehensive Guide to Export Procedures in Sri Lanka

A Comprehensive Guide to Export Procedures in Sri Lanka

In the dynamic landscape of international trade, exporting goods from one country to another involves meticulous procedures and adherence to specific regulations. Sri Lanka, as a key player in global commerce, follows a structured framework to facilitate exports. Here's a step-by-step guide for individuals looking to register as exporters in Sri Lanka:

1.Registration Process

As an exporter in Sri Lanka, it is imperative to register with three key government bodies:

a.Sri Lanka Export Development Board (EDB)

The EDB serves as the primary authority governing export-related matters. To register, exporters need to submit the following documents:

  • Incorporation or original business registration certificate.
  • Duly completed application forms.
b.Inland Revenue Department (IRD)

This registration is crucial for income and financial transparency.

c. Sri Lanka Customs

Sri Lanka Customs is the main authority overseeing export and import procedures. Exporters must register with customs to ensure compliance with security and regulatory measures.

2. Understanding Rules and Regulations

To navigate the complexities of international trade, exporters must clearly understand the rules and regulations governing their activities. This includes:

  • Identifying products requiring prior registration with the Sri Lanka Export Development Board.
  • Knowledge of items subject to export licenses.
  • Awareness of government limitations and regulations.
3. Products requiring registration or license certificates

Certain products demand specific registrations or licenses for export. Exporters should carefully study and adhere to these requirements. Examples include:

  • Tea: Registration with the Sri Lanka Tea Board is essential, ensuring compliance with standards for export.
  • Cinnamon: Exporters must get certificates or licenses from both the Sri Lanka Export Development Board and the Sri Lanka Standard Institution (SLSI).
  • All Spices: Department of Commerce.
  • Herbal Plants: Department of Forestry and the Department of Ayurveda.
  • Coconut and coconut-based products: Coconut Development Authority (CDA)

Becoming an exporter in Sri Lanka involves a comprehensive understanding of the registration process, required documents, and adherence to rules and regulations. It is crucial to stay informed about specific product requirements and collaborate with relevant authorities to ensure a smooth and lawful export process.

By following these guidelines, exporters can navigate the intricate landscape of international trade and contribute to the growth of Sri Lanka's export sector..  


SILKPORT INTERNATIONAL

We promote innovation and dynamism in business, offering a global network for wise investment and sustainable future shaping, recognizing strategic investments as a means for positive global change.


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