Who Needs to Register for TIN Registration in Sri Lanka?
Starting January 1, 2024, if you’re 18 or older in Sri Lanka, you must register with the Inland Revenue Department and obtain a Taxpayer Identification Number (TIN), It’s essential for all tax-related activities. And, if you’re earning over Rs. 1,200,000 between April 1 and March 31 of the following year, you’ll also need to register for income tax. It’s not just a formality, it’s your step towards keeping your tax records straight.
What is a TIN Number?
Taxpayer Identification Number (TIN) is a unique identifier provided by the Inland Revenue Department (IRD) for businesses to register for taxes. It helps the government keep track of who’s paying taxes and makes following tax rules easier. Not just for taxes, this number is also needed for importing, exporting activities, and accessing services from the IRD. Once you get a TIN, you need to sign up for specific taxes and services that fit your business needs, ensuring you follow all tax laws properly.
How to Register?
Online Registration
Visit the Inland Revenue website
Click ‘e-Services’, then ‘Access to e-Services’, and click ‘Taxpayer Registration’.
Choose your category, fill out the form, and send it off online.
You’ll get an email with your TIN and a one-time PIN to set up your online account.
| TIN Number PDF |