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ElaKiri Talk!
Why E business cannot come at mass scale to Sri Lanka!!!!!!!
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<blockquote data-quote="ibnanv" data-source="post: 22793753" data-attributes="member: 218596"><p><span style="font-size: 12px">If you want to start up E business like amazon in Sri Lanka ,it is very expensive to register a business, Limited liability company has huge process, The sole trader or partnership business registration has to pay bribe.</span></p><p><span style="font-size: 12px"></span></p><p><span style="font-size: 12px">Banks charge high fees for online transactions. Most of US companies started small then became big. In Sri Lanka Banks are courrupt. Only three main players in Sri Lanka Commercial Bank, Seylan Bank and Sampath Bank. Banks can just make huge wind fall out of startup companies. You have to go for foreign companies who charge hidden fees.</span></p><p><span style="font-size: 12px"></span></p><p><span style="font-size: 12px">There is no duty free like zones for IT companies for warehousing,Most of the zones are industrial. No IT employee will work in that environment. </span></p><p><span style="font-size: 12px"></span></p><p><span style="font-size: 12px">Sri Lankan Government give crap for business startup. No wonder there is no true FDI in this country. </span></p><p><span style="font-size: 12px"></span></p><p><span style="font-size: 12px"></span></p><p><span style="font-size: 12px"></span></p></blockquote><p></p>
[QUOTE="ibnanv, post: 22793753, member: 218596"] [SIZE=3]If you want to start up E business like amazon in Sri Lanka ,it is very expensive to register a business, Limited liability company has huge process, The sole trader or partnership business registration has to pay bribe. Banks charge high fees for online transactions. Most of US companies started small then became big. In Sri Lanka Banks are courrupt. Only three main players in Sri Lanka Commercial Bank, Seylan Bank and Sampath Bank. Banks can just make huge wind fall out of startup companies. You have to go for foreign companies who charge hidden fees. There is no duty free like zones for IT companies for warehousing,Most of the zones are industrial. No IT employee will work in that environment. Sri Lankan Government give crap for business startup. No wonder there is no true FDI in this country. [/SIZE] [/QUOTE]
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