> ## Documentation Index > Fetch the complete documentation index at: https://v2.docs.conduit.financial/llms.txt > Use this file to discover all available pages before exploring further. # Sri Lanka > How to collect KYB documents from business customers in Sri Lanka (LKA) when onboarding through the Conduit API. ## Overview | Field | Value | | ------------ | ---------------------------- | | Region | Asia (West, South & Central) | | ISO 3166-1 | LK / LKA | | Registry | DRC | | Last updated | 2026-05-06 | ## Identifiers Collect two identifiers from each business customer in Sri Lanka and submit them as strings on the application body. | API field | Local name | Issuer | | ------------------------------- | ------------------------------- | ------------------------------- | | `businessInfo.taxId` | **TIN** | Inland Revenue Department (IRD) | | `businessInfo.businessEntityId` | **Company Registration Number** | DRC | *Tax ID:* 9-digit numeric code; first 9 digits of VAT number match TIN. Issued via RAMIS e-services at eservices.ird.gov.lk. *Registration number:* Prefixed PV (private) or PB (public); assigned on incorporation and displayed in eROC. ## Sector regulators `CBSL` · `SEC SL` · `IRCSL` · `FIU` ## Legal structures | Local name | Abbreviation | Description | | ---------------------------- | ------------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | Private Limited Company | (Pvt) Ltd | Closely-held company limited by shares under the Companies Act No. 7 of 2007; share transfer restricted, membership capped at 50, cannot offer shares to the public. The dominant SME vehicle in Sri Lanka. Equivalent to a US LLC. | | Public Limited Company | PLC | Share-capital company that may offer shares to the public; minimum 7 shareholders; subject to SEC SL disclosure rules and eligible for stock exchange listing. Closest US equivalent: C-Corp. | | Company Limited by Guarantee | — | Non-share company under the Companies Act No. 7 of 2007; members guarantee a fixed contribution on winding-up; used by nonprofits, professional associations, and charities. Closest US equivalent: Nonprofit Corporation. | | Unlimited Company | — | Company with share capital but with no limit on members' liability; registered with DRC under the Companies Act No. 7 of 2007; rare in practice. Closest US equivalent: C-Corp. | | Off-Shore Company | — | Incorporated under the Companies Act No. 7 of 2007 but restricted from trading within Sri Lanka; used for holding or treasury operations conducted entirely outside Sri Lanka. Closest US equivalent: C-Corp. | | Foreign Company (Branch) | — | Foreign entity registered with the DRC to carry on business in Sri Lanka; no separate legal personality from the parent; liability rests with the foreign parent. Closest US equivalent: Branch/Rep Office. | | Partnership | — | Two to twenty persons carrying on business in common under the Partnership Ordinance (Cap. 179); all partners bear unlimited joint liability; no limited-partnership variant exists under current Sri Lankan law. Closest US equivalent: General Partnership. | | Cooperative Society | — | Member-owned enterprise registered under the Co-operative Societies Law No. 5 of 1972 with the Department of Cooperative Development; members share profits and liability is limited to subscribed shares. Closest US equivalent: Cooperative. | | Sole Proprietorship | — | Single natural person trading under the Business Names Ordinance (Cap. 180); registered at the Divisional Secretariat; no separate legal entity and full personal liability. Equivalent to a US Sole Proprietorship. | ## How documents combine For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below. | Evidence area | Documents needed | | ---------------------- | ------------------------------------------------------------------------ | | Legal Registration | Certificate of Incorporation | | Constitutive Documents | Articles of Association | | Tax Registration | *Any one of:* TIN Certificate · VAT Certificate | | Operating Permit | Trade License | | Ownership Records | Shareholder Register | | Governance Records | *Any one of:* Directors Register · Form 1 Extract (Director Particulars) | | Signing Authority | Board Resolution or Notarially Attested Power of Attorney | | Address | *Any one of:* Lease Agreement · Utility Bill · Bank Statement | | Good Standing | Certificate of Good Standing | ## Documents to collect The physical documents you'll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil's Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed. | Document | Proves | | ------------------------------------------------------------- | ---------------------- | | **Certificate of Incorporation** | Legal Registration | | **Articles of Association** | Constitutive Documents | | **TIN Certificate** | Tax Registration | | **VAT Certificate** | Tax Registration | | **Trade License** | Operating Permit | | **Shareholder Register** | Ownership Records | | **Directors Register** | Governance Records | | **Form 1 Extract (Director Particulars)** | Governance Records | | **Board Resolution or Notarially Attested Power of Attorney** | Signing Authority | | **Lease Agreement** | Address | | **Utility Bill (≤90 days old)** | Address | | **Bank Statement (≤90 days old)** | Address | | **Certificate of Good Standing (DRC)** | Good Standing | **Not applicable in Sri Lanka:** Sector-Specific License. Skip these areas — no local artifact exists. ### Collection notes * **Legal Registration:** Downloaded from eROC dashboard (no physical certificate issued since eROC launch); includes PV/PB number. * **Constitutive Documents:** Filed at DRC with Form 1 on incorporation; single constitutive document (no separate memorandum under 2007 Act). * **Tax Registration:** TIN from IRD RAMIS; VAT certificate also from IRD if turnover threshold met (LKR 36 m p.a. from 2026-04-01; previously LKR 60 m). Collect both where applicable. * **Operating Permit:** Issued by local Municipal Council or Pradeshiya Sabha; sector-neutral business premises permit. * **Ownership Records:** Internal register maintained at the company's registered office; records members' names, addresses, and share holdings. * **Governance Records:** Maintained at registered office under Companies Act No. 7 of 2007; changes notified to DRC via eROC. * **Signing Authority:** POA executed per Companies Act No. 7 of 2007 s.19 (signed by two directors or authorised signatory); board resolution sufficient for routine banking mandates. * **Address:** Lease (no time bound) OR utility bill OR bank statement, with utility/bank dated within 90 days. Same evidence satisfies both registered-address and operating-address checks. * **Good Standing:** Issued on request by the Department of the Registrar of Companies under the Companies Act No. 7 of 2007; downloadable via the eROC dashboard for compliant companies. Request a certificate dated within 30–90 days of submission; banks typically require ≤30 days. ## Person roles When you submit a person on the application body, set their `role` to one of Conduit's canonical `BusinessPersonRole` values. Use this table to map a local corporate-governance title onto the right canonical role. | Local role | Canonical API role | Description | | ---------------------- | ---------------------- | ---------------------------------------------------------------------------------- | | Director | `CONTROLLING_PERSON` | Appointed to board; exercises day-to-day management; executive function. | | Non-Executive Director | `CONTROLLING_PERSON` | Board-level governance role without operational authority. | | Attorney / POA Holder | `LEGAL_REPRESENTATIVE` | Person authorized under notarially attested instrument (s.19) to bind the company. | ## Notes * No physical Certificate of Incorporation: DRC stopped issuing physical certificates; integrators must download the digitally signed PDF from the eROC dashboard. Verify authenticity via eROC search at eroc.drc.gov.lk. * Sri Lanka is NOT a party to the Hague Apostille Convention (HCCH Status Table, cid=41): foreign public documents require full consular legalisation chain via the Sri Lanka Ministry of Foreign Affairs; apostille from a foreign authority alone is not accepted. * No limited partnership form: The Partnership Ordinance (Cap. 179) creates general partnerships only — all partners bear unlimited joint liability. There is no statutory limited partnership vehicle. * VAT threshold lowered: From 2026-04-01, businesses above LKR 36 million annual turnover (previously LKR 60 million) must register for VAT; a TIN certificate alone may exist for entities below the threshold. Confirm VAT status separately when onboarding lower-turnover entities.