PRZOOM - /newswire/ -
Kiribathgoda, Western, Sri Lanka, 2013/07/17 - C Mathew & Co., a leading legal consultancy, extends its service offering to investors in Sri Lanka. The rise in investments in Sri Lanka has led C Mathew to introduce new support services for existing and potential investors - CMathew.com.
In the last decade, Sri Lanka has seen many new investment projects taking place, be it in education, infrastructure development or tourism sectors. The main reason for this is the strong support for investments shown by the Sri Lankan Government. In their website, the Investment Promotion Ministry states that the year 2013 will see Sri Lanka focus on further increasing investments in several sectors, with a three-part strategic plan in process for promotion of foreign investments.
The focus on foreign investment is a win-win for both Sri Lanka and for the investors, as it will allow the investors to take advantage of the ongoing development in Sri Lanka, and will help Sri Lanka strengthen its financial position. It will also encourage existing local companies to step-up their game to be on par with the competition.
In the last 2 years, C. Mathew & Co., ranked No. 1 for Private Wills by Legal 500; apart from their investment advisory services, have introduced secretarial, accounting and auditing services through its partner firms. They have also introduced providing legal advice through their partner law firm Palitha Mathew & Company. In this manner, all the related support services for the survival of a company in the legal framework are provided by C. Mathew & Co.
C Mathew & Co. has advised a number of clients in the last 2-3 months who have already opened up companies in Sri Lanka, of which 90% of the investments have been primarily in the leisure sector.
Addressing the increase of investments, Dimantha Mathew (Partner, C. Mathew & Co.) stated; “There are number of investors that have sought C Mathew & Co. advice and support in relation to investment. 100% of them are foreign investors and therefore investments fall into the category of foreign direct investments. We advise investors on which route to bring in investments into the country, the most advantageous course to setup a company and ways of obtaining incentives. We also advise clients on the best shareholder that they could have in order to maximize the benefits for the investor."
The main benefits that clients will receive by acquiring C Mathew & Co. services over other legal firms are the convenience it offers by offering all the support services under one roof and the expertise of its advisory panel.
About C. Mathew & Company
C. Mathew & Company (cmathew.com), is a Colombo based Tier-1 law consultancy with over 100 years of trusted excellence and combined legal experience with offices in Sri Lanka and UK, specializing in Company / Investment law, Commercial Dispute law, Intellectual Property law and Shipping & Admiralty matters.
Mr. Mathew, C. Mathew & Company, 172 Hulftsdorp Street Colombo -12, UK - Kemp House, 152 City Road, London EC1V 2NX