Investment Incentives 

The government has launched diverse pro-business policies and incentive schemes under the Board of Investment (BOI). The board grants a number of incentives to new companies such as preferential tax rates, constitutional guarantees on investment, exemptions from exchange control and 100% repatriation of profits and capital. Tax holidays, concessionary rates and duty exemptions are also available in certain circumstances for export-oriented enterprises.

Sri Lanka offers the opportunities across key sectors of Sri Lanka’s economy. These opportunities are curated by the Board of investment (BOI) in Sri Lanka. The sectors are Manufacturing, Logistics, Hospitality & Tourism, Entertainment, Agriculture & Food, Mixed Development, and IT Based Development. Please, visit our web site to explore the ongoing project and investment Prospects.

Section 16 of the BOI laws guarantee 100% foreign ownership to certain sectors.

See more  https://investsrilanka.com/investment-incentives/

Location and Connectivity

India and Sri Lanka have shared a long history of cultural exchange, trade, business, buddhism and language. The Strategic location, on the major shipping routes of South Asia and the Far East. Sri Lanka as a gateway for Indian exports to south Asian markets.

Sri Lanka has one of the key ports in South Asia such as Colombo Port and Hambantota Port.

Access to Key Markets

The India-Sri Lanka signed Free Trade Agreement (ISFTA) in 2000 contributed significantly towards the expansion of trade between the two countries.

An additional advantage for companies establishing operations in Sri Lanka is the preferential market access available to two major regional trading blocs under the South Asian Free Trade Area (SAFTA) and the Asia-Pacific Trade Agreement (APTA).

 For more information on ISFTA please visit:

Department of Commerce, Govt. of Sri Lanka - https://www.doc.gov.lk/index.php?lang=en

Department of Commerce, Govt. of India - https://www.commerce.gov.in/international-trade/trade-agreements/india-sri-lanka-fta/

Investment Protection and Avoidance of Double Taxation 

The Constitution of Sri Lanka guarantees the protection and security of foreign investments. Both India and Sri Lanka have signed the Double Taxation Avoidance Agreement (DTAA) that prevents dual taxation and fiscal evasion on income.

Educated and Adaptable Workforce

Sri Lanka possesses the most literate population in South Asia. Extensive investment in public education has developed a workforce that is skilled, adaptable, and comfortable operating within advanced technological environments. The Sri lanka workforce is ready to meet the diverse business needs at competitive costs.Sri Lanka Investment Guide : Investment-Guide-2022-31.03.2022

Sri Lanka Investment Guide

Investment-Guide-2022-31.03.2022

Please do visit the Ministry of Finance, planning and economic development website for the regular updates and investment opportunities for Indian business.