LaunchpadOne / ReadyWorkforce / Employer of Record
ReadyWorkforce · Employer of Record
Employer of Record in Sri Lanka.
Employ people in Sri Lanka without setting up a local company. ReadyWorkforce becomes the legal employer, runs payroll and statutory contributions, and carries the compliance risk — while your team works entirely for you.
The basics
What is an Employer of Record?
An Employer of Record (EOR) is a company that legally employs staff on your behalf in a country where you have no legal entity.
The person you hire works for you day to day — your projects, your managers, your direction. On paper, though, they are employed by the EOR, which holds the local employment contract and takes on everything the law requires an employer to do: payroll, tax, statutory contributions, and compliance.
For a company outside Sri Lanka, that removes the usual barrier to hiring here. You don't register a company, open a local bank account, or take on a Sri Lankan tax presence. You hire the person you want, and ReadyWorkforce handles the rest.
EOR vs your own entity
Two ways to put someone on the ground in Sri Lanka.
Many clients start with an EOR to test the market, then move to their own entity once headcount justifies it. We manage that transition when the time comes.
Scope
What's included — and what isn't.
Buyers trust vendors who state their limits. Here is exactly where our responsibility begins and ends.
Included as standard
- +Employment contract & onboarding
- +Monthly payroll in LKR
- +EPF — employer 12% contribution
- +ETF — employer 3% contribution
- +APIT deducted & remitted at source
- +Statutory leave administration
- +Gratuity provisioning
- +Payslips & payroll reporting
- +Offboarding & final settlement
Not included
- –Recruitment & sourcing
- –Equipment & hardware
- –Health insurance
- –Office space
- –Work visas for foreign nationals
- –Equity administration
The compliance detail
The statutory obligations, explained.
Every one of these is calculated, deducted, remitted, and filed for you. They also appear as clear line items in the monthly cost estimate we send.
EPF
Employer 12% / Employee 8%The Employees' Provident Fund is a mandatory retirement contribution. The employer adds 12% on top of gross salary; the employee's 8% is deducted from it. Remitted monthly.
ETF
Employer 3%The Employees' Trust Fund is a separate employer-only contribution of 3% of gross, again remitted monthly. There is no employee deduction for ETF.
APIT
Deducted at sourceAdvance Personal Income Tax is the employee's income tax, calculated on their earnings and withheld by the employer each month. We handle calculation, deduction, and filing.
Gratuity
After 5 years' serviceEmployees completing five years of continuous service become entitled to a gratuity payment on leaving. We provision for it monthly, so the liability never arrives as a surprise.
Rates and thresholds shown are indicative. Confirm current figures with a qualified adviser before relying on them — we keep every client's payroll aligned with the rules in force.
Questions
Frequently asked.
Get started
Tell us the role. We'll send the fully-loaded cost.
A job title and a target salary is all we need to return a complete monthly cost breakdown — usually within one working day.