Sri Lanka

Currency
Sri Lankan rupee (LKR)
Payroll Frequency
Weekly, bi-weekly, or semi-monthly
Employer Taxes
15.00%

About 

Sri Lanka

An island country in the Indian Ocean, Sri Lanka lies off the eastern coast of the Indian subcontinent. Sri Lanka is a diverse, multinational state and is the highest-ranked South Asian country on the Human Development Index.

Overview

Population
22,156,000
Language
Sinhala, Tamil
Capital
Colombo, Sri Jayawardenepura Kotte
Currency
Sri Lankan rupee (LKR)
Country code
+94
Min wage
10,000 LKR per month
Working hours
8 hours per day
Weekdays
Monday to Friday
Work hours per week
45 hours per week

Payroll

Cycle

Weekly, bi-weekly, or semi-monthly

Avg employer tax

15%

Taxation

Tax breakdown - Employer
  • Provident Fund (EPF): 12%
  • Employee Trust Fund: 3%
VAT

8%

Holidays / PTO

Public holidays in 2024
  • 14 Jan: Tamil Thai Pongal Day
  • 17 Jan: Duruthu Full Moon Poya Day
  • 4 Feb: National Day
  • 16 Feb: Navam Full Moon Poya Day
  • 1 Mar: Mahasivarathri Day
  • 17 Mar: Madin Full Moon Poya Day
  • 13 Apr: Day prior to Sinhala & Tamil New Year Day
  • 14 Apr: Sinhala & Tamil New Year Day
  • 15 Apr: Good Friday
  • 16 Apr: Bak Full Moon Poya Day
  • 1 May: May Day
  • 3 May: Id Ul-Fitr
  • 15 May: Vesak Full Moon Poya Day
  • 16 May: Day following Vesak Full Moon Poya Day
  • 14 Jun: Poson Full Moon Poya Day
  • 10 Jul: Id Ul-Alha
  • 13 Jul: Esala Full Moon Poya Day
  • 11 Aug: Nikini Full Moon Poya Day
  • 10 Sep: Binara Full Moon Poya Day
  • 9 Oct: Milad un-Nabi
  • 9 Oct: Vap Full Moon Poya Day
  • 24 Oct: Deepavali
  • 7 Nov: Ill Full Moon Poya Day
  • 7 Dec: Unduvap Full Moon Poya Day
  • 25 Dec: Christmas Day
Sick days

All employees can have seven sick days per year.

Maternity leave

The amount of maternity leave depends on the number of children that a mother already has. If she is expecting her first or second child, she is entitled to twelve weeks of maternity leave (two before the birth and ten after). If she is expecting her third child (or any number above that), she is entitled to six weeks of maternity leave (two before the birth and four after).

Paternity leave

There is no legal entitlement to paternity leave in Sri Lanka.

Termination Process

Terminating an employee's contract for a non-disciplinary reason typically needs the Commissioner of Labor's written approval.

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Challenges of Remote Hiring in _

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Tax Calculation

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LK
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Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Request a detailed quotation

Sri Lanka

An island country in the Indian Ocean, Sri Lanka lies off the eastern coast of the Indian subcontinent. Sri Lanka is a diverse, multinational state and is the highest-ranked South Asian country on the Human Development Index.
No items found.
Currency
Sri Lankan rupee (LKR)
Payroll Frequency
Weekly, bi-weekly, or semi-monthly
Employer Taxes
15.00%

Overview

Population
22,156,000
Language
Sinhala, Tamil
Capital
Colombo, Sri Jayawardenepura Kotte
Currency
Sri Lankan rupee (LKR)
Country code
+94
Min wage
10,000 LKR per month
Working hours
8 hours per day
Weekdays
Monday to Friday
Work hours per week
45 hours per week

Payroll

Salaried Employees
Time-Based Employees
Avg employer tax

15%

Tax Breakdown

  • Provident Fund (EPF): 12%
  • Employee Trust Fund: 3%

VAT

VAT

8%

Tax Calculation for Sri Lanka
*
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LK
*
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Request a detailed quotation
How it works

Onboarding Process

Onboarding in Sri Lanka typically includes the following steps to ensure a smooth transition for new hires:

Pre-boarding

Pre-boarding

Pre-boarding

Key Elements of an Employment Contract in Sri Lanka
When drafting an employment contract for employees in Sri Lanka, the following key elements should be included:

Personal Details

Name, contact information, and role of the employee.

Employee Leave Policies

Sick days

All employees can have seven sick days per year.

Maternity leave

The amount of maternity leave depends on the number of children that a mother already has. If she is expecting her first or second child, she is entitled to twelve weeks of maternity leave (two before the birth and ten after). If she is expecting her third child (or any number above that), she is entitled to six weeks of maternity leave (two before the birth and four after).

Paternity leave

There is no legal entitlement to paternity leave in Sri Lanka.

Public holidays in Sri Lanka
  • 14 Jan: Tamil Thai Pongal Day
  • 17 Jan: Duruthu Full Moon Poya Day
  • 4 Feb: National Day
  • 16 Feb: Navam Full Moon Poya Day
  • 1 Mar: Mahasivarathri Day
  • 17 Mar: Madin Full Moon Poya Day
  • 13 Apr: Day prior to Sinhala & Tamil New Year Day
  • 14 Apr: Sinhala & Tamil New Year Day
  • 15 Apr: Good Friday
  • 16 Apr: Bak Full Moon Poya Day
  • 1 May: May Day
  • 3 May: Id Ul-Fitr
  • 15 May: Vesak Full Moon Poya Day
  • 16 May: Day following Vesak Full Moon Poya Day
  • 14 Jun: Poson Full Moon Poya Day
  • 10 Jul: Id Ul-Alha
  • 13 Jul: Esala Full Moon Poya Day
  • 11 Aug: Nikini Full Moon Poya Day
  • 10 Sep: Binara Full Moon Poya Day
  • 9 Oct: Milad un-Nabi
  • 9 Oct: Vap Full Moon Poya Day
  • 24 Oct: Deepavali
  • 7 Nov: Ill Full Moon Poya Day
  • 7 Dec: Unduvap Full Moon Poya Day
  • 25 Dec: Christmas Day

Termination Process

Terminating an employee's contract for a non-disciplinary reason typically needs the Commissioner of Labor's written approval.

Personal Details

Name, contact information, and role of the employee.

_'s Booming Remote Workforce

Challenges of Remote Hiring in _

Simplifying Remote Hiring in _ with RemotePass 

Grow Your Team in Sri Lanka with RemotePass
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Let’s Chat

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Sri Lanka

العملة
Sri Lankan rupee (LKR)
تردد الرواتب
Weekly, bi-weekly, or semi-monthly
ضرائب أصحاب العمل
15.00%

عن 

Sri Lanka

An island country in the Indian Ocean, Sri Lanka lies off the eastern coast of the Indian subcontinent. Sri Lanka is a diverse, multinational state and is the highest-ranked South Asian country on the Human Development Index.

ملخص

التركيبة السكانية
22,156,000
اللغة
Sinhala, Tamil
العاصمة
Colombo, Sri Jayawardenepura Kotte
العملة
Sri Lankan rupee (LKR)
رمز الاتصال الدولي
+94
الحد الأدنى للأجور
10,000 LKR per month
ساعات العمل
8 hours per day
أيام الأسبوع
Monday to Friday
ساعات العمل اسبوعيا
45 hours per week

الرواتب

موعد صرف الرواتب

Weekly, bi-weekly, or semi-monthly

متوسط ​​ضريبة صاحب العمل

15%

تحصيل الضرائب

التوزيع الضريبي - صاحب العمل
  • Provident Fund (EPF): 12%
  • Employee Trust Fund: 3%
ضريبة القيمة المضافة

8%

العطل / PTO

العطلات الرسمية في عام 2024
  • 14 Jan: Tamil Thai Pongal Day
  • 17 Jan: Duruthu Full Moon Poya Day
  • 4 Feb: National Day
  • 16 Feb: Navam Full Moon Poya Day
  • 1 Mar: Mahasivarathri Day
  • 17 Mar: Madin Full Moon Poya Day
  • 13 Apr: Day prior to Sinhala & Tamil New Year Day
  • 14 Apr: Sinhala & Tamil New Year Day
  • 15 Apr: Good Friday
  • 16 Apr: Bak Full Moon Poya Day
  • 1 May: May Day
  • 3 May: Id Ul-Fitr
  • 15 May: Vesak Full Moon Poya Day
  • 16 May: Day following Vesak Full Moon Poya Day
  • 14 Jun: Poson Full Moon Poya Day
  • 10 Jul: Id Ul-Alha
  • 13 Jul: Esala Full Moon Poya Day
  • 11 Aug: Nikini Full Moon Poya Day
  • 10 Sep: Binara Full Moon Poya Day
  • 9 Oct: Milad un-Nabi
  • 9 Oct: Vap Full Moon Poya Day
  • 24 Oct: Deepavali
  • 7 Nov: Ill Full Moon Poya Day
  • 7 Dec: Unduvap Full Moon Poya Day
  • 25 Dec: Christmas Day
الإجازات المرضية

All employees can have seven sick days per year.

إجازة الأمومة

The amount of maternity leave depends on the number of children that a mother already has. If she is expecting her first or second child, she is entitled to twelve weeks of maternity leave (two before the birth and ten after). If she is expecting her third child (or any number above that), she is entitled to six weeks of maternity leave (two before the birth and four after).

إجازة الأبوة

There is no legal entitlement to paternity leave in Sri Lanka.

إنهاء العقد

عملية الإنهاء

Terminating an employee's contract for a non-disciplinary reason typically needs the Commissioner of Labor's written approval.

فترة الإشعار

Notice periods are generally set out in employment contracts.

مكافأة نهاية الخدمة

Employers who have fifteen or more staff are required to pay severance pay to any employees who have completed at least five years' service. The rate of pay is half a month's salary per year of service.

فترة الاختبار

Probationary periods cannot be longer than one year for senior employees or six months for other employees (in some cases the maximum limit on a probationary period is three months).

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حساب الضريبة

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تكلفة صاحب العمل
إجمالي تكلفة التوظيف الشهرية
GBP 9,633
إجمالي تكاليف الراتب الشهري
GBP 8,334
الضرائب والمساهمات المقدرة
GBP 8,334
تكلفة الموظف
صافي الراتب الشهري
GBP 5,137
الراتب الشهري الإجمالي
GBP 8,334
الضرائب المقدرة والضمان الاجتماعي
GBP 8,334
تكلفة صاحب العمل
إجمالي تكلفة التوظيف السنوية
GBP 9,633
إجمالي تكاليف الرواتب السنوية
GBP 8,334
الضرائب والمساهمات المقدرة
GBP 8,334
تكلفة الموظف
صافي الراتب السنوي
GBP 5,137
الراتب السنوي الإجمالي
GBP 8,334
الضرائب المقدرة والضمان الاجتماعي
GBP 8,334
طلب عرض أسعار مفصل