Ventureskey — frequently asked questions

Ventureskey is a single strategic partner for the whole business journey in Sri Lanka and the UK — company setup and compliance, accounting and tax, advisory, HR and payroll, and digital transformation, all under one roof.

Our headquarters is at No. 21-1/3, De Vos Avenue, Colombo 04, with an office in Katugastota, Kandy and a UK desk at 288a Hale Lane, Edgware, Middlesex, HA8 8NP.

Yes. We set up and run foreign and BOI-approved companies in Sri Lanka, and our dedicated UK desk handles Companies House, HMRC, RTI payroll and Making Tax Digital for UK businesses.

Book a free consultation or request a tailored quote from the contact section on our home page — we reply within 24 hours.

Services are offered as stage-based packages and tailored quotes, so you pay for what your business needs today and scale up as you grow. Explore packages on the home page or ask for a quote.

Once your company name is approved, incorporation typically takes 3–5 working days. We handle the name reservation, ROC filing, TIN registration and hand you a full post-incorporation kit — registers, seal and certificates.

Yes. 100% foreign ownership is permitted in most sectors, and BOI-approved structures unlock incentives for qualifying investments. We advise on the right structure and manage the foreign or BOI setup end-to-end.

Yes — every company incorporated under the Companies Act No. 07 of 2007 must appoint a secretary. Ventureskey can act as your company secretary, maintaining statutory registers and filing your annual return (Form 15) with the ROC.

Depending on your activity you may need a TIN, VAT & SSCL registration, EPF/ETF employer registration, BOI/DIPP approvals, import-export registration and industry or municipal licences. We map exactly which apply before you spend a rupee.

Yes. Through VKS Hub we offer a prestigious Colombo business address, mail handling and call answering, plus co-working desks and private serviced offices you can scale month to month.

We are certified in Xero, Zoho Books and QuickBooks Online, and keep your books live in the cloud so you have real-time visibility. We also migrate you cleanly from spreadsheets or legacy desktop software.

Yes. We are IRD-approved tax agents and can file and represent you for corporate and personal income tax, VAT, SSCL and APIT/WHT — and defend your return if the Inland Revenue Department raises a query.

VAT (and SSCL) registration becomes mandatory once your taxable turnover exceeds the threshold set by the Inland Revenue Department. We assess your position, register you when required and handle the returns and reclaims.

A Virtual CFO gives you C-suite financial judgement — forecasting, budgeting, KPI dashboards and board or investor reporting — without a full-time C-suite salary. It suits growing businesses raising funds or scaling from seed to Series A and beyond.

Yes. We prepare year-end financial statements under LKAS / SLFRS, reconcile everything and provide a clean handover pack that your external auditor can work from directly.

We start by reviewing your processes and operating model, then agree clear owners, milestones and KPIs. Delivery is hands-on — not just a slide deck — and benchmarked against your industry.

Yes. We build feasibility studies, business plans and financial models you can take straight to a lender or investor, pressure-testing the idea before you commit capital.

WizZakat is our business Zakat service — we assess your zakatable assets and liabilities, monitor the Nisab threshold, compute Zakat at the correct rate and issue annual statements, reviewed against recognised Shariah principles.

Yes. Between our Business Advisory and Virtual CFO teams we prepare investor-ready models, funding readiness and due-diligence support, and can advise through M&A, valuation and exit.

End-to-end monthly payroll: computing and remitting EPF, ETF and APIT, issuing payslips, filing statutory returns and keeping employee records — on time, every cycle, with salary data handled confidentially.

EPF is 20% of gross earnings — 8% deducted from the employee and 12% contributed by the employer — while ETF is an additional 3% paid by the employer. We compute and remit all three, plus APIT, on your behalf.

Yes. We set up employment contracts and offer letters, HR policies and handbooks, and leave and attendance records — and provide outsourced HR support that scales as you hire, in line with the Shop & Office Act.

Finance and accounting operations, data entry and processing, invoice and expense administration, and general back-office support — run by our trained team under documented SLAs, so you pay for capacity instead of hiring and attrition.

We select and implement Xero, Zoho, QuickBooks and ERP platforms — configuring them to your workflow rather than the default — along with the automations and integrations that connect them.

Yes. We run clean, reconciled migrations from legacy desktop software, spreadsheets or other systems so nothing is lost, and support your team until they own the new platform.

Yes. Our digital media team covers website design and development, SEO and search marketing, social media, paid campaigns on Meta, Google and LinkedIn, and brand identity — with reporting tied to leads and revenue.

We do. We design custom workshops around your industry and systems — finance, leadership, compliance and more — delivered on-site or virtually, with post-training assessment and reference materials.