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Sri Lanka Tax Information

18% VAT

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

Virtual Assistant Services to Invoice

  • Administrative support
  • Email management
  • Calendar scheduling
  • Data entry
  • Research
  • Customer support
  • Social media

Invoice Requirements in Sri Lanka

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

Payment Terms

Retainers paid monthly in advance. Hourly billed bi-weekly or monthly.

Cash14 days30 daysCredit

Payment Methods in Sri Lanka

Bank TransferFriMiCredit CardCash

Virtual Assistant Invoice Tips

  • Track hours with descriptions
  • Group tasks by category
  • Include time tracking report
  • Reference retainer hours
  • Note overtime

Frequently Asked Questions

What tax rate applies to virtual assistant 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 virtual assistants in Sri Lanka?

Common payment methods in Sri Lanka include: Bank Transfer, FriMi, Credit Card, Cash. Retainers paid monthly in advance. Hourly billed bi-weekly or monthly.

What should virtual assistant invoices include in Sri Lanka?

Your invoice should include: VAT number, Business registration, Client details, VAT (18%). For virtual assistant services specifically, also include: Administrative support, Email management, Calendar scheduling.

How should VAs track and bill time?

Use time tracking software. Provide detailed reports with invoices.

Should VAs offer retainer packages?

Yes, retainers provide stable income. Offer 10, 20, or 40 hour packages.

What is Sri Lanka's VAT rate?

18% on most goods and services.