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Sri Lanka Tax Information

18% VAT

VAT is 18%. Registration required above LKR 80 million quarterly.

Blockchain Developer Services to Invoice

  • Smart contracts
  • DApp development
  • Token creation
  • Security audits
  • Web3 integration
  • NFT development
  • Protocol work

Invoice Requirements in Sri Lanka

VAT number
Business registration
Client details
VAT (18%)
Total in LKR

Payment Terms

Milestone payments. Consider accepting crypto payments with specified tokens.

Cash14 days30 daysCredit

Payment Methods in Sri Lanka

Bank TransferFriMiCredit CardCash

Blockchain Developer Invoice Tips

  • Reference contract addresses
  • Include audit reports
  • Document gas costs
  • Note testnet vs mainnet
  • Track deployment fees

Frequently Asked Questions

What tax rate applies to blockchain developer invoices in Sri Lanka?

Sri Lanka has 18% VAT. VAT is 18%. Registration required above LKR 80 million quarterly.

What payment methods are common for blockchain developers in Sri Lanka?

Common payment methods in Sri Lanka include: Bank Transfer, FriMi, Credit Card, Cash. Milestone payments. Consider accepting crypto payments with specified tokens.

What should blockchain developer invoices include in Sri Lanka?

Your invoice should include: VAT number, Business registration, Client details, VAT (18%). For blockchain developer services specifically, also include: Smart contracts, DApp development, Token creation.

Should blockchain devs accept crypto?

Many do. Specify accepted tokens and wallet addresses clearly.

How to handle gas fees?

Pass through at cost or include estimate in project pricing.

What is Sri Lanka's VAT rate?

18% on most goods and services.