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Find out how Remote can guide you through the complexities of managing cross-border hiring, payroll, taxes, and compliance.

 

Employing in Sri Lanka

Provisions for employee protections and workers’ rights in Sri Lanka are spelled out across several government statutes, such as:

  • The Shop and Office Employees Act of 1956
  • The Factory Ordinance
  • The Minimum Wage Ordinance, and
  • The Maternity Benefits Ordinance

Employees in Sri Lanka enjoy protection against discrimination based on age, religion, gender expression, and race.

Common questions that could come up during the hiring process include the minimum wage, overtime rates, and guaranteed paid time off. Remote can help you offer a complete, competitive, and compliant benefits package to your employees in Sri Lanka.

Minimum Wage

Effective 3rd September 2024, monthly pay to Rs. 21,000 (±70 USD), which includes a basic wage of Rs. 17,500 and allowances totaling Rs. 3,500.

Onboarding Time

We can help you get a new employee started in Sri Lanka fast. The minimum onboarding time we need is only 18 working days.

Our team ensures your employees are onboarded and paid as quickly as possible while keeping your business compliant with all local employment legislation. The minimum onboarding time begins after the employee submits all required information onto the Remote platform. The onboarding timeline is also dependent upon registration with local authorities.

For all non-nationals of the country of employment, the Right to Work assessment (if applicable) will add three extra days to the total time to onboard. There may be extra time required if we need to follow-up on the right to work assessment.

Please note, payroll cut-off dates can impact the actual first day of employment. Remote has a payroll cut-off date of the 10th of the month unless otherwise specified.

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23 Public holidays

Competitive benefits package in Sri Lanka

health_insurance
Health Insurance
dental_insurance
Dental Insurance
vision_insurance
Vision Insurance
mental_health_support
Mental health support
pension_or_401(k)
Pension or 401(K)
life_and_disability_insurance
Life and Disability Insurance

Facts & Stats

The Democratic Socialist Republic of Sri Lanka is an island nation just off the coast of India, famous for its rich cultural heritage, unique biodiversity, and a long history of tea production. The natural beauty of Sri Lanka is becoming more of a magnet for tourists and digital nomads as the cost of living is relatively low (especially when you factor in the allure of the pristine beaches in the nation’s south). Sri Lanka has one of Asia’s most literate populations, the education system is strong, and English is widely spoken, so global employers should consider this country’s top talent.

Capital City
Sri Jayawardenepura Kotte (legislative) Colombo (executive and judicial)
Currency
Sri Lankan rupee
Languages
Sinhala, Tamil, English
Population size
21,803,000
Ease of doing business
Medium
Payroll frequency
Monthly
VAT - standard rate
8%

Grow your team in Sri Lanka with Remote

Want to employ workers in Sri Lanka? Companies hiring in Sri Lanka are typically required to either own a local legal entity or work with a global employment platform like Remote that can legally provide employment services in the country.

Remote can employ team members in Sri Lanka and keep you compliant. Remote can hire, onboard, and pay your Sri Lanka team so you don't have to set up local HR services in the region. Remote also makes it easy to pay contractors in Sri Lanka. Sign up now to get started or talk to an expert for more details.

Risks of misclassification

Sri Lanka, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Sri Lanka may lead to fines and penalties for the offending company.

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Transparent Pricing in Sri Lanka

Payroll

43

per employee/month
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  • Powerful, transparent international payroll
  • Simple self-service platform
  • Personalised support from dedicated specialists
  • Adhere to local payroll regulations in every country
  • Integrated payroll, expense management, and HRIS solution
Contractor Management

44

per contractor/month
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  • Only pay for contractors you actively work with
  • Work with international contractors
  • Create, edit, and sign tailored, localised contracts
  • Approve contractor invoices with one click or auto-pay
  • Transparent payments with complete visibility
Employer of Record

1069 915

per employee/month
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  • Hire without opening a local entity
  • Guided onboarding
  • Local payroll paid on time, every time
  • Built-in security and compliance
  • Flexible, localised benefits
  • Offer equity incentives with tax assistance
  • Dedicated experts for local support
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