How can a foreigner open a company in Sri Lanka?

Sri Lanka is ideally located along the major shipping routes of South Asia and the Far East. Combined with an educated and inexpensive workforce, the country offers excellent investment opportunities for companies exploring new markets. Government incentives and a favorable tax regime make Sri Lanka a very attractive place to start a business. If you are a foreign entrepreneur and want to set up an office here, there are a few rules you need to know before registering your company.