Boi sri lanka Board of Investment of Sri Lanka (Amendment) Act No:49 1992 . Joseph’s College, Cairo, Egypt, and then . The Board of Investment of Sri Lanka is the national agency for promoting and facilitating foreign direct investment. According to a response tabled at parliament by Finance and Planning Deputy Minister Harshana Suriyapperuma on 18 December, the BOI signed 41 new BOI Project Proposals - Free download as PDF File (. 4 1978. Screening and monitoring BOI import consignments Foreigners can invest in Sri Lanka in a number ways including setting up BOI approved companies, investing in debt securities, invest, acquire and hold shares of any incorporated company in Sri Lanka, Acquiring immovable property, and granting loans not exceeding 3 years to Sri Lankan companies. BOI is the apex agency for foreign direct investment in Sri Lanka, established in 1978. 00 per m3 + Monthly Service Charge The Board of Investment of Sri Lanka, structured to function as the central facilitation point for investors, is also responsible for permitting Imports and Exports of projects under section 17 of the BOI law as well as providing other investor related services. As the apex agency for foreign direct investment in Sri Lanka, there are over 1700 Leveraging on creativity and experience in Design, R&D and Innovation, the Sri Lankan Apparel Sector has shown steady growth over the past three decades. The BOI is an autonomous agency and is the primary government body responsible for foreign investment. The Enterprises are advised to submit the following latest payment/documents to BOI for the processing of visas without any interruption. 9 billion people in South Asia combined with the country’s strategic location at the crossroads of major maritime trade routes connecting South Asia, Far East, the European and American continents presents a valuable opportunity for manufacturers pursuing international expansion. pdf), Text File (. The letter of appointment was handed over to the new Director General by Aviation and Export Zone Development State Minister D. Allocated for healthcare and Rs 8 Bn+ allocated for purchase of medical equipment 1. It is structured to function as a central facilitation point for investors, which is committed towards improving the country’s investment climate. 2. IMPORT EXPORT MANAGEMENT ONLINE PORTAL Welcome. All BOI enterprises are expected to observe the Sri Lanka is expected to grow upto USD 165 Mn with a steady growth rate of 9. Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. We cater to the FRP industry by supplying a wide range of unsaturated polyester resins and all complementary raw material for the manufacture of fiberglass products . The country’s flagship export sector has evolved from a low-wage driven cost-competitive model towards providing sophisticated solutions to the industry’s more complex demands from the The Board of Investment of Sri Lanka is the apex agency for foreign direct investment in Sri Lanka. Jun 10, 2016 · The Board of Investment Law (BOI Law) The Board of Investment Law No. The Board of Investment of Sri Lanka (BOI) is the apex agency of the government promoting and facilitating foreign direct and local investment in priority sectors of the economy playing a pivotal role in transforming the Sri Lankan economy to become a globally competitive manufacturing and services export hub. Businesses looking to set up in Sri Lanka will find this essential for garnering foreign investment. Document Version Control Version Date Description Author 1. It is the main agency that approves any Foreign Direct Investments (FDI) or Local Investments in Sri Lanka. Ministry of Finance, Planning and Economic Development; Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross cutting major sea and air trade routes and Sea ICT is recognized as a thrust sector in sri Lanka’s national Export Strategy, the island has gained global recognition for delivering innovative IT solutions, as an emerging player in the knowledge services industry. lk Jan 16, 2025 · 572. Engineering Approvals Department assists the investor by recommending the quantities of these items/materials, shipment by shipment basis to the Customs, after checking them against The document provides guidance for applicants seeking investment approval from the Board of Investment of Sri Lanka under Section 17 of the BOI Law. Submit your Application for BOI approval at invester facilitation center (IFC) Download Applications Administrative Complex housing the BOI service units, Banks, Sri Lanka Customs, freight forwarding companies, Postal etc, within the Zone. Prior to her promotion Weerakoon served as the Senior Executive Director of BOI. lk www. It oversees several Export Processing Zones (EPZs) and Industrial Parks across the country, offering investors tax incentives and facilities. It was established in 1978 under the Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross කඨින චීවර පූජාව- 2024. Class 2: buses and minibuses, goods vehicles, construction and earthmoving equipment, heavy general purpose or specialised trucks, trailers and Mrs. As you explore international business, BOI Sri Lanka will provide a team of sector-specific experts supporting every stage of your investment or business cycle – from company registration to your first export. T M P Tennakoon Senior Deputy Director Tel: +94 81-2420019 Mobile : +94 71-8058479 Email:prasannat@boi. බෞද්ධ සංගමය මගින් 2024 වර්ෂයේ වස් කාලය නිමිති කොටගෙන සිදු කරනු ලබන කඨින පිංකම සදහා මෙවර අනුරාධපුර, නිකලවත්ත, කටුකැලියාව ශ්රි කුඩා Board of investment of sri lanka Vacancy Post of Management Trainee . 75. BOARD OF INVESTMENT OF SRI LANKA. It is a joint venture between Morex Industries, India and Forwardair, Sri Lanka. May 26, 2023 · The Board of Investment of Sri Lanka has received the approval from an expert committee to embark on a pilot project to cultivate cannabis within a BOI zone. BOI Sri Lanka | 34,344 followers on LinkedIn. All Rights Reserved. He was previously the Senior Partner and Head of Consulting at Ernst & Young (EY) Sri Lanka and the Maldives, and […] The BOI Empowered International Women’s Day by “Accelerating Action” in Multiple Zones HYPER-CONVERGED INFRASTRUCTURE WITH DATA BACKUP AND DISASTER RECOVERY SOLUTION A Glimmer from “The Maison” in the Center of “Cleaner Colombo City” Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross investments and expansions of existing projects in Sri Lanka. 6 billion, with US goods imports from Sri Lanka totalling $ 3 billion and exports to Sri Lanka at $ 368. The Board of Investment of Sri Lanka (BoI) is the investment promotion agency of Sri Lanka, established in 1992. It also lists contact information Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross BOI Coordination Directorate coordinate the administrative and operational functions among Sri Lanka Customs, Board of Investment of Sri Lanka, BOI Investors and stakeholders while ensuring the facilitation of legitimate trade practices. Oct 19, 2024 · Former Senior Partner and Head of Consulting at Ernst & Young in Sri Lanka and the Maldives, and former Chairman of the Sri Lanka Personal Data Protection Authority, Arjuna Herath, has been appointed as the Chairman of the Board of Investment (BOI) of Sri Lanka BOI Sri Lanka – Official Website of BOI Sri Lanka The BOI Act was amended in 1980, 1983, 1992, 2002, 2009 and 2012. This dedicated Pharmaceutical Manufacturing Zone plans to meet 40% of the domestic demand for pharmaceutical products by locally manufactured drugs while creating a Morex Lanka (Pvt) Ltd is a Board of Investment (BOI) approved company. It provides detailed guidelines on the application process, necessary documentation, and fees. 4 of 1978 and its amendments is the principal law applicable to foreign investments in Sri Lanka. The BOI, in order to support developing new industry verticals via import substitution and exports, is establishing a state-of-the-art pharmaceutical zone in Arabokka, Hambantota. Sri Lanka : Asia's Most Preferred Investment Destination Located in the Southern tip of the Bay of Bengal, at the epicentre of the 21st century maritime silk route, cross Oct 19, 2024 · Arjuna Herath has been named the new Chairman of Sri Lanka’s Board of Investment (BOI). In 2024, the US goods trade deficit with Sri Lanka was approximately $ 2. 21 of 1983 Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. 00 per acre per annum: Water Charges: Rs. Oct 19, 2024 · Arjuna Herath, a seasoned finance and corporate governance leader, has been named the new Chairman of the Board of Investment (BOI) of Sri Lanka. 00 (Minimum Rate / Period of Lease – 30 years) Aug 9, 2024 · The Economic Transformation Bill was issued by way of Gazette on 14 May 2024 and was passed in Parliament on 25 July 2024. 178 Bn. 49 of 1992 Ÿ Board of Investment of Sri Lanka (Amendment) Act, No. Engineering Approvals Department assists the investor by recommending the quantities of these items/materials, shipment by shipment basis to the Customs, after checking them against Land Premium: US $10,000. With over 1,600 enterprises under its purview, the BOI contributes over 66% to the country‟s overall export earnings and 85% to the national industrial export earnings. Board of Investment of Sri Lanka (Amendment) Act No:36 2009 Apply Visa Online Compliances for processing of Visa. It aims to make Sri Lanka the most preferred destination for sustainable investment in Asia, and supports over 1,600 enterprises in various sectors. View renuka weerakone’s profile on LinkedIn, a professional community of 1 billion members. Advise investors with regard to legal aspects in granting approvals to investor companies in relation to matters such as investor company incorporation and connected documentation and company related corporate affairs, land matters impacting approvals, labor law related advice and advice on other connected applicable laws impacting BOI enterprises as well as in connection with foreign direct The Board of Investment (BOI) of Sri Lanka provides assistance and advice throughout the investment process. The Apex Investment Promotion & Facilitation Agency of the Government of Sri Lanka | Established in 1978, under the name Greater Colombo Economic Land Premium: US $150,000. If you are considering setting up a business in Sri Lanka as an expatriate or a foreign company, it is imperative that you understand the regulations set forth by the Sri Lanka Board of Investment and how to register a BOI certified organization. The Board of Investment of Sri Lanka (BOI) is a government agency under the Investment Promotion Ministry responsible for facilitating, promoting, and attracting foreign direct investments into the country. - Not recognizing certain lands in the financial statements of which SLCC has the control, right and potential to produce economic benefits from the lands (Paragraph 15 of LKAS1). Hotline : +94-77-1211213 Telephone : +94-11-2434403 / +94-11-2346131/3 BOARD OF INVESTMENT OF SRI LANKA . The BOI’s Legal Department Identify the business activity and submit an Application to BOI with a Project Proposal (applications available at www. Level 24, West Tower, World Trade Centre, Colombo 01 Telephone : +94-11-2434403 / +94-11-2346131/3 Fax : +94-11-2448105 1978 – 2024 Board of Investment of Sri Lanka. mxr hfoybo ipfjmz oiny xfml svdud uey nskzdt coig zhglr kprh rmzg rsrlen wxf kru